68-20,116.Feasibility study authorized; toll road or turnpike insoutherly direction from Ottawa to Kansas-Oklahoma border between U.S.highway 59 and U.S. highway 75.The state highway commission is hereby authorized and directed to studythe feasibility of constructing a toll road or turnpike project commencingin the general vicinity of the intersection of U.S. highway 59 and thesouthern city limits of Ottawa in Franklin county; thence in a southerlydirection, within a corridor including and generally delineated by saidU.S. highway 59 to a point on the Kansas-Oklahoma border between theintersection of U.S. highway 59 and the Kansas-Oklahoma border and theintersection of U.S. highway 75 and the Kansas-Oklahoma border.
The study of the feasibility of such project shall include, but not belimited to:
(a) An estimate of the total cost of such project, including those itemsdefined as costs by K.S.A. 68-2093;
(b) A determination of the extent to which the project can be financedby the investment of private funds in revenue bonds issued for theconstruction of such project;
(c) A projection of the potential traffic volume on such project and theamount of tolls and other revenues to be derived through operation of theproject;
(d) An estimate of the extent to which public funds would be required tofinance or guarantee the financing of such project and the amount of publicfunds available for such purpose;
(e) The interest rate at which any revenue bonds authorized could beissued; and
(f) Such other data deemed necessary by the commission for adetermination of the project's feasibility.
For the purpose of conducting such study, the commission is herebyauthorized to employ such consulting engineers, traffic engineers, legaland financial experts and such other employees and agents it deemsnecessary, and the commission is hereby authorized to spend not to exceedone hundred thousand dollars ($100,000) from the highway general fund tofinance the cost of such study. Such expenditures may be made during theperiod from the effective date of this act until December 31, 1974, andsuch expenditures shall not be subject to any expenditure limitationestablished by law on the highway general fund: Provided, That theexpenditure limitation provided herein may be increased by the statefinance council upon application therefor by the state highway commission.
The feasibility study required herein shall be completed by December 31,1974, and the commission shall submit a report of its findings andrecommendations thereon to the governor and the 1975 session of thelegislature.
68-20,116.Feasibility study authorized; toll road or turnpike insoutherly direction from Ottawa to Kansas-Oklahoma border between U.S.highway 59 and U.S. highway 75.The state highway commission is hereby authorized and directed to studythe feasibility of constructing a toll road or turnpike project commencingin the general vicinity of the intersection of U.S. highway 59 and thesouthern city limits of Ottawa in Franklin county; thence in a southerlydirection, within a corridor including and generally delineated by saidU.S. highway 59 to a point on the Kansas-Oklahoma border between theintersection of U.S. highway 59 and the Kansas-Oklahoma border and theintersection of U.S. highway 75 and the Kansas-Oklahoma border.
The study of the feasibility of such project shall include, but not belimited to:
(a) An estimate of the total cost of such project, including those itemsdefined as costs by K.S.A. 68-2093;
(b) A determination of the extent to which the project can be financedby the investment of private funds in revenue bonds issued for theconstruction of such project;
(c) A projection of the potential traffic volume on such project and theamount of tolls and other revenues to be derived through operation of theproject;
(d) An estimate of the extent to which public funds would be required tofinance or guarantee the financing of such project and the amount of publicfunds available for such purpose;
(e) The interest rate at which any revenue bonds authorized could beissued; and
(f) Such other data deemed necessary by the commission for adetermination of the project's feasibility.
For the purpose of conducting such study, the commission is herebyauthorized to employ such consulting engineers, traffic engineers, legaland financial experts and such other employees and agents it deemsnecessary, and the commission is hereby authorized to spend not to exceedone hundred thousand dollars ($100,000) from the highway general fund tofinance the cost of such study. Such expenditures may be made during theperiod from the effective date of this act until December 31, 1974, andsuch expenditures shall not be subject to any expenditure limitationestablished by law on the highway general fund: Provided, That theexpenditure limitation provided herein may be increased by the statefinance council upon application therefor by the state highway commission.
The feasibility study required herein shall be completed by December 31,1974, and the commission shall submit a report of its findings andrecommendations thereon to the governor and the 1975 session of thelegislature.
68-20,116.Feasibility study authorized; toll road or turnpike insoutherly direction from Ottawa to Kansas-Oklahoma border between U.S.highway 59 and U.S. highway 75.The state highway commission is hereby authorized and directed to studythe feasibility of constructing a toll road or turnpike project commencingin the general vicinity of the intersection of U.S. highway 59 and thesouthern city limits of Ottawa in Franklin county; thence in a southerlydirection, within a corridor including and generally delineated by saidU.S. highway 59 to a point on the Kansas-Oklahoma border between theintersection of U.S. highway 59 and the Kansas-Oklahoma border and theintersection of U.S. highway 75 and the Kansas-Oklahoma border.
The study of the feasibility of such project shall include, but not belimited to:
(a) An estimate of the total cost of such project, including those itemsdefined as costs by K.S.A. 68-2093;
(b) A determination of the extent to which the project can be financedby the investment of private funds in revenue bonds issued for theconstruction of such project;
(c) A projection of the potential traffic volume on such project and theamount of tolls and other revenues to be derived through operation of theproject;
(d) An estimate of the extent to which public funds would be required tofinance or guarantee the financing of such project and the amount of publicfunds available for such purpose;
(e) The interest rate at which any revenue bonds authorized could beissued; and
(f) Such other data deemed necessary by the commission for adetermination of the project's feasibility.
For the purpose of conducting such study, the commission is herebyauthorized to employ such consulting engineers, traffic engineers, legaland financial experts and such other employees and agents it deemsnecessary, and the commission is hereby authorized to spend not to exceedone hundred thousand dollars ($100,000) from the highway general fund tofinance the cost of such study. Such expenditures may be made during theperiod from the effective date of this act until December 31, 1974, andsuch expenditures shall not be subject to any expenditure limitationestablished by law on the highway general fund: Provided, That theexpenditure limitation provided herein may be increased by the statefinance council upon application therefor by the state highway commission.
The feasibility study required herein shall be completed by December 31,1974, and the commission shall submit a report of its findings andrecommendations thereon to the governor and the 1975 session of thelegislature.
