Page:United States Statutes at Large Volume 45 Part 1.djvu/656

 SEVENTIETH CONGRESS. SEss. I. CH. 627. 1928 . 605 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 financi ng and promo tion c ost, n ot to exceed 10 per centu m of t he sum of the cost of constructing the bridge and its approaches and acquir- ing such interests in real property ; and (4) actual expenditures for necessary improvements. SEC. 4 . If such bridge shall at any time be taken over or acquired etT °oi per nd er State, by the State of Illinois or by any municipality or other political subdivision or public agency thereof, under the provisions of section 3 of this Act and if tolls are charged for the use thereof, the rates hates applied to op- b ) oration, sinking fund, of toll shall be so adjusted as to provide a fund sufficient to pay for etc • the reaso nable cost of maint ainin g, r epair ing, and opera ting the bridge and its approaches under economical management, and to provid e a si nking fund s uffici ent to amorti ze the amoun t paid there - for, including reasonable interest and financing cost, as soon as possible under reasonable charges, but within a period of not to exceed twenty y ears from the date of acquiring the same . After Maintenance as free bridge, etc., after auror- a sinking fund sufficient for such amortization shall have been so tiling costs . provided, 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 maintenance, repair, and operation. of the bridge and its approaches under economical management. An accurate record of the amount turesand ro f x ts pendi- paid for acquiring the bridge and its approaches, the actual expendi- tures for ma intain ing, r epairi ng, an d opera ting t he sam e, and of th e daily tolls collected, shall be kept and shall be available for the information of all persons interested. SEC. 5 . If such bridge is constructed as a combined railroad bridge Right of way for free passage ov er highway for the passage of railway trains or street cars, and a highway bridge. bridge for the passage of pedestrians, animals, and vehicles, then the right of purchase and condemnation conferred by this Act shall apply to a right of way thereover for the passage without cost of pers ons, anim als, and vehic les a dapte d to trav el on pub lic h igh- ways ; and if the right of purchase or condemnation shall be exer- compensa tionforac- cised as to such right of way over the bridge, then the measure Q11`r`ng, of damages or compensation to be allowed or paid for such right of way shall be a sum equal to the difference between the actual fair cash value of such bridge determined in accordance with the provi- sions of section 3 of this Act, and what its actual fair cash value so determined would have been if such bridge had been constructed as a railroad bridge only. If the right of purchase or condemnation Maintenance bypur. conferred by this Act shall be exercised as to the right of way over 'baser. such bridge, then that part of the bridge which shall be purchased or condemned and shall be thereafter actually used for the passage of pe destri ans, a nimals, or v ehicle s, shal l be m aintai ned, o perate d, and kept in repair by the purchaser thereof. SEC. 6 . The Calhoun Bridge Company, its successors and assigns Sta temen t of con. > > struction cost, etc., to shall, within ninety days after the completion of such bridge, file be filed after comple. with the Secretary of War and with the highway department of the tion. State of Illinois a sworn itemized statement showing the actual origin al cost o f constru cting the bridge a nd its ap proaches, the actu al cost o f acquiri ng any in terest in real pro perty nec essary th erefor, a nd the actual financing and promotion costs. The Secretary of War Examination by Sec. may, and at the request of the highway department of the State of rotar y of War. Illinois shall, at any time within three years after the completion of such bridge, investigate such costs and determine the accuracy and the reaso nableness of the c osts alle ged in t he statem ent of co sts so fi led, and shall make a findi ng of the ac tual an d reas onable costs of co n- struction, financing, and promoting such bridge. For the purpose of

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