Page:United States Statutes at Large Volume 45 Part 1.djvu/1127

 1076 SEVENTIETH CONGRESS. SESS . . II. Cx. 64. 1929 : January 14, 1929. CHAP. 64.-An Act Authorizing the Interstate Bridge Company, its sue- [H. R. 13826.] ces sors and assi gns, to cons truc t, m aint ain, and ope rate a br idge acr oss the [Public, No. 656 .] Missouri R iver at or near Unio n, Nebraska. Be it enacted by the Senate and House of 'Representatives of the Missouri River. Int er sta te Bridge United States of America in Congress assembled, That in order to st Comp any nn, Nebr . b ridge, fac ilitat e inte rstate comme rce, i mprove the po stal s ervice, and pro- vid e for mil itary and othe r pur poses, th e Int ersta te Br idge Com- pany, its successors and assigns, be, and is hereby, authorized to con- struct, maintain, and operate a bridge and approaches thereto across the Missouri River, at a point suitable to the interests of Construction. navigation, at or near Union, Nebraska, in accordance with the vol.34,p,84. provisions of the Act entitled "An Act to regulate the construction of bridges over navigable waters," approved March 23, 1906, and subject to the condition and limitations contained in this Act. Right to acquire real SEC. 2 . There is hereby conferred upon the Interstate Bridge estate, etc., for location, approaches, etc . Company, its successors and assigns, all such rights and powers to enter upon lands and to acquire, condemn, occupy, possess, and use real estate and other property needed for the location, construction, operation, and maintenance of such bridge and its approaches as are possessed by railroad corporations for railroad purposes or by bridge corporations for bridge purposes in the State in which such real estate or other property is situated, upon making just compensa- tion therefor, to be ascertained and paid according to the laws of Condemnation p ro- such State, and the pr oceedi ngs th erefor shall be the same as in the ceedings. condemnation or expropriation of property for public purposes in such State. Tolls authorized. SEC. 3. The said Interstate Bridge Company, its successors and assigns, is hereby authorized to fix and charge tolls for transit over such bridge, and the rates of toll so fixed shall be the legal rates until chan ged by th e Sec reta ry of War under the auth ority con taine d in vol.34, p.as. the Act of March 23, 1906. Acquisition aut hor- SEC. 4. After the completion of such bridge, as determined by ized, afte r co mplet ion, by Nebraska, Io wa, the Secr etary of W ar, eithe r the Stat e of Nebr aska, the Stat e of etc. Iowa, any public agency or political subdivision of either of such States within or adjoining which any part of such bridge is located, or any two or more of them jointly, may at any time acquire and take over all right, title, and interest in such bridge and its appro aches, and a ny int erest in rea l prope rty ne cessar y ther efor, by purc hase or b y con demn ation or e xprop riat ion, in ac cord ance with Compensation, if ac- the laws of either of such States governing the acquisition of private to ed by condemna- tion. property for public purposes by condemnation or expropriation. If at any time after the expiration of twenty years after the comple- tion of such bridge the same is acquired by condemnation or expro- priation, the amount of damages or compensation to be allowed shall not i nclude good will, going value, or pro specti ve rev enues or Limitations. profits, but shall be limited to the sum of (1) the actual cost of constructing such bridge and its approaches, less a reasonable deduc- tion for actual depreciation in value ; (2) the actual cost of acquir- ing such interests in real property ; (3) actual financing and promo- tion costs, not to exceed 10 per centum of the sum of the cost of constructing the bridge and its approaches and acquiring such interests in real property ; and (4) actual expenditures for neces- - sary improvements. Tolls under state, SEC. 5. If such bridge shall at any time be taken over or acquired etc ° operation' by the States or public agencies or political subdivisions thereof, or by either of them as provided in section 4 of this Act, and if tolls e ratio n,Rat es ap plied si nki ng to fund, - are thereafter charged for the use thereof, the rates of toll shall be etc. s o adjusted as to provide a fund sufficient to pay for the reasonable cost of maintaining, repairing, and operating the bridge and its appr oache s und er ec onom ical manag emen t, an d to prov ide a sink ing

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