State Codes and Statutes

Statutes > Kentucky > 180-00 > 130

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180.130 Maintenance and operation of bridges -- Cost of bridge may be paid from bridge tolls or appropriations. (1) The cost of maintenance and operation of all bridges purchased, built, repaired, enlarged, or reconstructed, in whole or in part, from the bonds issued under KRS <br>180.070 shall be paid from appropriations made to the department; provided, <br>however, that while any such bonds are outstanding the department may be <br>reimbursed for such cost out of the bridge tolls and revenues, if and to the extent <br>permitted by the trust indenture for such bonds, and otherwise may be so <br>reimbursed by the continuation of tolls for traffic over the pertinent bridge or <br>bridges after the bonds are retired, but no longer than necessary to pay such costs as <br>may have been borne by the department during the life of the bonds. (2) The department may pay from its appropriations any part of the cost of any bridges for which the bonds are issued. Effective: June 17, 1954 <br>History: Amended 1954 Ky. Acts ch. 202, sec. 1, effective June 17, 1954. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 4356s-<br>28, 4356s-29.

State Codes and Statutes

Statutes > Kentucky > 180-00 > 130

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180.130 Maintenance and operation of bridges -- Cost of bridge may be paid from bridge tolls or appropriations. (1) The cost of maintenance and operation of all bridges purchased, built, repaired, enlarged, or reconstructed, in whole or in part, from the bonds issued under KRS <br>180.070 shall be paid from appropriations made to the department; provided, <br>however, that while any such bonds are outstanding the department may be <br>reimbursed for such cost out of the bridge tolls and revenues, if and to the extent <br>permitted by the trust indenture for such bonds, and otherwise may be so <br>reimbursed by the continuation of tolls for traffic over the pertinent bridge or <br>bridges after the bonds are retired, but no longer than necessary to pay such costs as <br>may have been borne by the department during the life of the bonds. (2) The department may pay from its appropriations any part of the cost of any bridges for which the bonds are issued. Effective: June 17, 1954 <br>History: Amended 1954 Ky. Acts ch. 202, sec. 1, effective June 17, 1954. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 4356s-<br>28, 4356s-29.

State Codes and Statutes

State Codes and Statutes

Statutes > Kentucky > 180-00 > 130

Download pdf
Loading PDF...


180.130 Maintenance and operation of bridges -- Cost of bridge may be paid from bridge tolls or appropriations. (1) The cost of maintenance and operation of all bridges purchased, built, repaired, enlarged, or reconstructed, in whole or in part, from the bonds issued under KRS <br>180.070 shall be paid from appropriations made to the department; provided, <br>however, that while any such bonds are outstanding the department may be <br>reimbursed for such cost out of the bridge tolls and revenues, if and to the extent <br>permitted by the trust indenture for such bonds, and otherwise may be so <br>reimbursed by the continuation of tolls for traffic over the pertinent bridge or <br>bridges after the bonds are retired, but no longer than necessary to pay such costs as <br>may have been borne by the department during the life of the bonds. (2) The department may pay from its appropriations any part of the cost of any bridges for which the bonds are issued. Effective: June 17, 1954 <br>History: Amended 1954 Ky. Acts ch. 202, sec. 1, effective June 17, 1954. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 4356s-<br>28, 4356s-29.

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