33.1-274 - Construction of projects.
§ 33.1-274. Construction of projects.
The Board may construct, whenever it shall deem such construction expedient,any of the projects set forth in subdivision (2) of § 33.1-268. The Board maypurchase within this Commonwealth, solely from funds provided under theauthority of this article, such lands, structures, rights-of-way, franchises,easements and other interests in lands, including lands under water andriparian rights of any person, copartnership, association, railroad or othercorporation, or municipality or political subdivision, deemed necessary forthe construction of any project, upon such terms and at such prices as may beconsidered by it to be reasonable and can be agreed upon between it and theowner thereof and may take title thereto in the name of the Commonwealth. TheCommonwealth hereby consents to the use of all lands lying under water, whichare within the Commonwealth and are necessary for the construction andoperation of any project and the approaches and appurtenances thereto, whichmay be constructed under the provisions of this article. All public orprivate property damaged or destroyed in carrying out the powers grantedhereunder shall be restored or repaired and placed in the original condition,as nearly as practicable, or adequate compensation made therefor, out offunds provided under the authority of this article.
(Code 1950, § 33-234; 1950, p. 147; 1962, c. 273; 1970, c. 322.)