Scope of a local variable in loop (Case 2, 3)

Program.vb

Private Sub LocalVariableCase2()
    For i = 0 To 2
        Dim value As Boolean = False
        Console.WriteLine(value)
        value = True
    Next

    'False
    'False
    'False
End Sub

Private Sub LocalVariableCase3()
    For i = 0 To 2
        Dim value As Boolean
        Console.WriteLine(value) 'No error in VB
        value = True
    Next

    'False
    'True
    'True
End Sub