As used in this chapter:
1. "Authority" means the Virginia Public School Authority.
2. "Board of Commissioners" means the Board of Commissioners of the Authority.
3. "Bonds of the Authority" includes notes and other obligations issued by the Authority for any of its purposes.
4. "Local school bonds" means bonds or other obligations issued by counties, cities and towns under the provisions of Chapter 26 (§ 15.2-2600 et seq.) of Title 15.2 solely for the purpose of financing capital projects for public schools.