State Codes and Statutes

Statutes > Kentucky > 177-00 > 410

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177.410 General powers of Department of Highways as to turnpike projects. The department is hereby authorized and empowered: <br>(1) To construct, reconstruct, maintain, repair, operate, regulate and police turnpike projects at such locations within the Commonwealth as may be determined by the <br>department and approved by the Governor; (2) To acquire sites abutting on any turnpike project, and to construct or contract for the construction of buildings and appurtenances for service stations, garages, <br>restaurants and other services and to lease the same to others for any of such <br>purposes (or, if leases cannot be made on acceptable terms, to operate any and all of <br>the same) in such manner and under such terms as the department may determine; (3) To issue turnpike revenue bonds of the Commonwealth, payable solely from the tolls, revenues and other funds pledged for their payment, for the purpose of paying <br>all or any part of the cost of any one (1) or more turnpike projects, and to refund any <br>of its bonds, all as provided in KRS 177.390 to 177.570; (4) To fix and revise from time to time and charge and collect tolls for transit over each turnpike project constructed by it; (5) To combine for financing purposes any two (2) or more turnpike projects; <br>(6) To establish rules and regulations for the use of any turnpike project; <br>(7) To acquire, hold and dispose of real and personal property in the exercise of its powers and the performance of its duties under KRS 177.390 to 177.570, without <br>reference to KRS Chapter 56; (8) To designate the locations and establish, limit and control such points of ingress and egress from each turnpike project as the department may determine to be necessary <br>or desirable in the judgment of the department to insure the proper operation and <br>maintenance of such project, and to prohibit entrance to such project from any point <br>or points not so designated; (9) To make and enter into all contracts and agreements necessary or incidental to the performance of its duties and the execution of its powers under KRS 177.390 to <br>177.570; (10) To employ consulting engineers, attorneys, accountants, construction and financial experts, superintendents, managers, and such other employees and agents as may be <br>necessary in its judgment, and to fix their compensation; (11) To receive and accept from any federal agency grants for or in aid of the construction of any turnpike project, and to receive and accept aid or contributions <br>from any source of either money, property, labor or other things of value, to be held, <br>used and applied only for the purposes for which such grants and contributions may <br>be made; (12) To expend any funds provided under the authority of KRS 177.390 to 177.570 in advertising the facilities and services of a turnpike project or projects to the <br>traveling public; and (13) To do all acts and things necessary or convenient to carry out the powers expressly granted in KRS 177.390 to 177.570. Effective: March 25, 1960 <br>History: Amended 1960 Ky. Acts ch. 174, sec. 3, effective March 25, 1960. -- Created 1950 Ky. Acts ch. 157, sec. 4.

State Codes and Statutes

Statutes > Kentucky > 177-00 > 410

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177.410 General powers of Department of Highways as to turnpike projects. The department is hereby authorized and empowered: <br>(1) To construct, reconstruct, maintain, repair, operate, regulate and police turnpike projects at such locations within the Commonwealth as may be determined by the <br>department and approved by the Governor; (2) To acquire sites abutting on any turnpike project, and to construct or contract for the construction of buildings and appurtenances for service stations, garages, <br>restaurants and other services and to lease the same to others for any of such <br>purposes (or, if leases cannot be made on acceptable terms, to operate any and all of <br>the same) in such manner and under such terms as the department may determine; (3) To issue turnpike revenue bonds of the Commonwealth, payable solely from the tolls, revenues and other funds pledged for their payment, for the purpose of paying <br>all or any part of the cost of any one (1) or more turnpike projects, and to refund any <br>of its bonds, all as provided in KRS 177.390 to 177.570; (4) To fix and revise from time to time and charge and collect tolls for transit over each turnpike project constructed by it; (5) To combine for financing purposes any two (2) or more turnpike projects; <br>(6) To establish rules and regulations for the use of any turnpike project; <br>(7) To acquire, hold and dispose of real and personal property in the exercise of its powers and the performance of its duties under KRS 177.390 to 177.570, without <br>reference to KRS Chapter 56; (8) To designate the locations and establish, limit and control such points of ingress and egress from each turnpike project as the department may determine to be necessary <br>or desirable in the judgment of the department to insure the proper operation and <br>maintenance of such project, and to prohibit entrance to such project from any point <br>or points not so designated; (9) To make and enter into all contracts and agreements necessary or incidental to the performance of its duties and the execution of its powers under KRS 177.390 to <br>177.570; (10) To employ consulting engineers, attorneys, accountants, construction and financial experts, superintendents, managers, and such other employees and agents as may be <br>necessary in its judgment, and to fix their compensation; (11) To receive and accept from any federal agency grants for or in aid of the construction of any turnpike project, and to receive and accept aid or contributions <br>from any source of either money, property, labor or other things of value, to be held, <br>used and applied only for the purposes for which such grants and contributions may <br>be made; (12) To expend any funds provided under the authority of KRS 177.390 to 177.570 in advertising the facilities and services of a turnpike project or projects to the <br>traveling public; and (13) To do all acts and things necessary or convenient to carry out the powers expressly granted in KRS 177.390 to 177.570. Effective: March 25, 1960 <br>History: Amended 1960 Ky. Acts ch. 174, sec. 3, effective March 25, 1960. -- Created 1950 Ky. Acts ch. 157, sec. 4.

State Codes and Statutes

State Codes and Statutes

Statutes > Kentucky > 177-00 > 410

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177.410 General powers of Department of Highways as to turnpike projects. The department is hereby authorized and empowered: <br>(1) To construct, reconstruct, maintain, repair, operate, regulate and police turnpike projects at such locations within the Commonwealth as may be determined by the <br>department and approved by the Governor; (2) To acquire sites abutting on any turnpike project, and to construct or contract for the construction of buildings and appurtenances for service stations, garages, <br>restaurants and other services and to lease the same to others for any of such <br>purposes (or, if leases cannot be made on acceptable terms, to operate any and all of <br>the same) in such manner and under such terms as the department may determine; (3) To issue turnpike revenue bonds of the Commonwealth, payable solely from the tolls, revenues and other funds pledged for their payment, for the purpose of paying <br>all or any part of the cost of any one (1) or more turnpike projects, and to refund any <br>of its bonds, all as provided in KRS 177.390 to 177.570; (4) To fix and revise from time to time and charge and collect tolls for transit over each turnpike project constructed by it; (5) To combine for financing purposes any two (2) or more turnpike projects; <br>(6) To establish rules and regulations for the use of any turnpike project; <br>(7) To acquire, hold and dispose of real and personal property in the exercise of its powers and the performance of its duties under KRS 177.390 to 177.570, without <br>reference to KRS Chapter 56; (8) To designate the locations and establish, limit and control such points of ingress and egress from each turnpike project as the department may determine to be necessary <br>or desirable in the judgment of the department to insure the proper operation and <br>maintenance of such project, and to prohibit entrance to such project from any point <br>or points not so designated; (9) To make and enter into all contracts and agreements necessary or incidental to the performance of its duties and the execution of its powers under KRS 177.390 to <br>177.570; (10) To employ consulting engineers, attorneys, accountants, construction and financial experts, superintendents, managers, and such other employees and agents as may be <br>necessary in its judgment, and to fix their compensation; (11) To receive and accept from any federal agency grants for or in aid of the construction of any turnpike project, and to receive and accept aid or contributions <br>from any source of either money, property, labor or other things of value, to be held, <br>used and applied only for the purposes for which such grants and contributions may <br>be made; (12) To expend any funds provided under the authority of KRS 177.390 to 177.570 in advertising the facilities and services of a turnpike project or projects to the <br>traveling public; and (13) To do all acts and things necessary or convenient to carry out the powers expressly granted in KRS 177.390 to 177.570. Effective: March 25, 1960 <br>History: Amended 1960 Ky. Acts ch. 174, sec. 3, effective March 25, 1960. -- Created 1950 Ky. Acts ch. 157, sec. 4.