says.
§ 15.2-1238. Certification of sufficient funds.
Except in emergency, no order for delivery on a contract or open
market order for supplies or
contractual services for any county department or agency shall be awarded until the chief financial officer has certified that the unencumbered balance in the appropriation concerned, in excess of all unpaid obligations, is sufficient to defray the cost of such order.
15.2-1239. Orders and contracts in violation of article.
If any department or agency of the
county government purchases or contracts for any supplies or contractual services contrary to the provisions of this article or the rules and regulations made thereunder, such order or contract shall be void and the head of such department or agency shall be personally liable for the costs of such order or contract.
§ 22.1-175.5. Capital School Projects Fund.
A. The governing body of any
locality which is awarded a grant pursuant to this chapter may authorize the local treasurer or fiscal officer, by ordinance or resolution, to create a separate
escrow account upon the books of the locality, as described in this section. Upon the adoption of such ordinance or resolution, the treasurer of the locality shall place such grant awards into this account.
B. The escrow account shall be known as the "County/City/Town of ____________ Capital School Projects Fund." All principal deposited to such fund, together with all income from or attributable to the fund, shall be used solely for (i) construction, additions, renovations, including retrofitting and enlarging
public school buildings, infrastructure, including technology infrastructure, and site acquisition for public school buildings and facilities or (ii) debt service payments, or a portion thereof, for any such projects completed in the previous ten years if so designated. No disbursement from the fund may be made except upon specific appropriation by the governing body in accordance with applicable law. If a locality establishes such a fund and designates any portion of the funds deposited therein to pay debt service for (i) any general obligation of the locality held by the Virginia Public School Authority or (ii) any Literary Fund loan, the locality shall obtain an opinion of bond counsel that designation of funds to pay debt service on obligations described in clauses (i) and (ii) hereof does not adversely impact the
tax-exempt status of such obligations.
C. All grant awards deposited in the fund, including all income from or attributable to such fund, shall be deemed
public funds of the locality and shall be subject to all limitations upon deposit and investment provided by general law, including, but not limited to, the Virginia Security for Public Deposits Act (§
2.2-4400 et seq.). Income, dividends, distributions, and grants accruing to the fund shall be retained in such fund and shall be expended only in accordance with the terms of this section.
D. Nothing in this section shall be deemed or construed to authorize a school board or
school division to receive, hold or invest funds in its own name, nor to expend funds in the absence of a specific appropriation by the governing body of the locality in accordance with applicable law.
Here is what was put through by Gloucester, Virginia officials without having funds in any accounts, but instead, just an order to sell bonds. Money from bond sales did not occur until November, 2013. Oyster Point Construction accepted this in light of Virginia code?
Page Notice To Proceed Letter of Intent from
Chuck Thompson
And who is accountable for all of this? Those who signed the above documents? Nobody? Who cares? You have to be kidding! Don't worry folks, what else we have uncovered is going to show much worse than this. We are not attorney's and this is not legal advice, but good lord, what the heck are they up to?
