Page:United States Statutes at Large Volume 45 Part 1.djvu/1525

 0 1474 SEVENTIETH CONGRESS. SEss. II. CFI. 484. 1929 . such bridge shall thereafter be maintained and operated free of tolls, or the rates of toll shall thereafter be so adjusted as to provide a fund of not to exceed the amount necessary for the proper repair, main- tenance, and operation of the bridge and its approaches under eeo- Record of expendi- tures and receipts. nomical management. An accurate record of the amount paid for acquiring the bridge and its approaches, the actual expenditures for operating, repairing, and maintaining the same, and of the daily tolls collected shall be kept and shall be available for the informa- tion of all persons interested. Sworn statement of SEC. 6. The said S. R. Cox, his heirs, legal representatives, and construction costs, etc ., to be riled after compie- assigns, shall within ninety days after the completion of such bridge tion. file with the Secretary of War and with the highway departments of the States of West Virginia and Ohio a sworn itemized statement show ing the actu al o rigi nal cost of cons truc ting suc h br idge and its Examination by Sec- approaches, the actual cost of acquiring any interest in real property retary of war. necessary therefor, and the actual financing and promotion costs. The Secretary of War may, and upon request of either of such highway departments shall, at any time within three years after the com- pletion of such bridge, investigate such costs and determine the accuracy and the reasonableness of the costs alleged in the statement of costs so filed, and shall make a finding of the actual and reason- able costs of constructing, financing, an d promoting s uch bridge ; for the purpose of such investigation the said S. R. Cox, his heirs, legal representatives, and assigns, shall make available all of the records in connection with the construction, financing, and promotion Findings of Secretary thereof. The findings of the Secretary of War as to the reasonable conclusive. costs of the c onstruction, financing, and promotion of the bridge shall be conclusive, for the purposes mentioned in section 4 of this Act, subject only to review in a court of equity for fraud or gross mistake. co ereato sell, etc ., SEC. 7. The right to sell, assign, transfer, and mortgage all the rights, powers, and privileges conferred by this Act is hereby granted to S. R. Cox, his heirs, legal representatives, and assigns, and any corporation to which or any person to whom such rights, powers, and privileges may be sold, assigned, or transferred, or who shall acquire the same by mortgage foreclosure or otherwise, is hereby authorized and empowered to exercise the same as fully as though conferred herein directly upon such corporation or person. Construction c on- SEC. 8. All contracts made in connection with the construction of b tracts id de to be let to lowest bidde r. the bridge authorized by this Act and which shall involve the expend- iture of more than $5,000, shall be let by competitive bidding. Such Ad verti sing, etc. contracts shall be advertised for a reasonable time in some newspaper of general circulation published in the States in which the bridge is located and in the vicinity thereof ; sealed bids shall be required and the contracts shall be awarded to the lowest responsible bidder. Verified copies or abstracts of all bids received and of the bid or Contracts void for bids accepted shall be promptly furnished to the highway depart- violations. ments of the States in which such bridge is located. A failure to comply in good faith with the provisions of this section shall render null and void any contract made in violation thereof, and the Sec- retary of War may, after hearings, order the suspension of all work upon such bridge until the provisions of this section shall have been fully complied with. Amen dment. SEC. 9 . The right to alter, amend, or repeal this Act is hereby expressly reserved. Approved, March 2, 1929.

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