Page:United States Statutes at Large Volume 45 Part 1.djvu/189

 138 SEVENTIETH CONGRESS. SEss. I. CHs. 94, 95. 1928 . reference to this limitation beginning with the fiscal year 1928) TotUtSOS . Tot al and yea rly Provided, That such amount as is necessary, not to exceed $50,000,000 amount fo r the District . of the total amount authorized to be expended under the provisions of this Act, shall be available for projects in the District of Columbia, and not more than $10,000,000 thereof shall be expended annually (except that any part of the balance of such sum of $10,000,000 remaining unexpended at the end of any year may be expended in Distribution of ex- any subsequent year without reference to this limitation) : Provided, penditures outside the District . That at least one-fifth of the expenditures outside of the District of Columbia during the fiscal year 1927 shall be for the buildings here- tofore authorized, and at least one-fifth of the expenditures for the fiscal year 1928 and at least one-fifth of the expenditures for the state, etc ., distribu- fis cal year 1929 shal l be for a like pu rpose, un less a le ss amount shall tion . b e necessary to complete all of such buildings : Provided further, That expenditures outside the District of Columbia under the provi- sions of this section shall not exceed the sum of $10,000,000 annually in any one of the States, Territories, or possessions of the United States ." Amo unt end- (b) The last paragraph of such section 5 is amended by striking ed. out " $150,000,000 " and inserting in lieu thereof " $250,000,000 ." Approved, February 24, 1928. February 25, 1928. CHAP. 95 .-An Act Authorizing the Valley Bri dge C ompan y, Incorpo- R. 7032.] [H. No . 6 s 7rated of Paducah Kentucky, its successors and assigns, to construct ma intai n [Pu bli c ,No .] and operate a bride across e Cumberland River at r ear Canton, Kentuck g Y° Cumberland River. Be it enacted by the Senate and House o f Representatives o f the Valley Bridge Com- pany may bridge, at United States o f America in Congress assembled, That in order to Canton, Ky. promote interstate commerce, improve the postal service, and pro- vide for military and other purposes, Valley Bridge Company, Incorporated, of Paducah, Kentucky, its successors and assigns be, and is hereby, authorized to construct, maintain, and operate a bridge and approaches thereto across the Cumberland River, at a point suitable to the interests of navigation, at or near the city or Construct ion. town of Canton, Kentucky, in accordance with the provisions of the Vol. P, i5 oi. Act entitled "An Act to regulate the construction of bridges over navigable waters," approved March 23, 1906, and subject to the Acquisition author- conditions and limitations contained in this Act. ized, after completion, by Kentucky, etc SEC 2 . After the completion of such bridge, as determined b. the Secretary of War, either the State of Kenucky, any political subdivision thereof 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 Condemnation pro - brid ge and its a pproac hes, a nd any intere st in real p ropert y nece s- ceedings. sar y the refo r, by purc hase or b y con demn ation in a ccord ance with Compensation if ac- the laws of such State governing the acquisition of private prop- quo i n red by condem ns- erty for public purposes by condemnation or expropriation. If at any time after the expiration of twenty years after the completion of such bridge the same is acquired by condemnation or expropria- tion, the amount of damages or compensation to be allowed shall Limitations. not in clude goo d will, g oing valu e, or pro spective revenues or profit s, but shall be limited to the sum of (1) the actual cost of constructing such bridge and its approaches, less a reasonable deduction for actual depreciation in value, (2) the actual cost of acquiring such interests in real property, (3) actual financing and promotion cost, not to exceed 10 per centum of the sum of the cost of constructing the bridge and i ts app roache s and acquir ing su ch inte rest i n real prope rty, a nd (4) actual expenditures for necessary improvements.

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