Page:United States Statutes at Large Volume 45 Part 1.djvu/664

 SEVENTIETH CONGRESS. SESS. I. CHs. 636, 637. 1928 . 613 navigable waters," approved March 23, 1906, and subject to the conditions and limitations contained in this Act . SEC . 2 . If tolls are char g ed for the use of such bridge, the rates Rates operation, toll applied °~ to operation, sinking of toll shall be so adjusted as to provide a fund sufficient to pay the fund,etc. reasonable cost of maintaining, repairing, and operating the bridge and its approaches under economical management, and to provide a si nking fund s uffici ent to amort ize the cost of the bridg e and its approaches, including reasonable interest and financing cost, as soon as possible under reasonable charges, but within a period of not to exceed twenty years from the completion thereof . After a sinking Maintenance as free g bridge, etc., after amor- fund sufficient for such amortization shall have been so provided, tizing c osts . 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 mainte- nance, repair, and operation of the bridge and its approaches under economical management. An accurate record of the costs of the Rec ord of e xpend i- brid ge and its a pproac hes, t he exp enditur es for maint aining, repa ir- ture and receipts. in g, and oper ating the same, an d of the daily to lls colle cted, sha ll be kept and shall be available for the information of all persons inter ested. SEC. 3. The right to alter, amend, or repeal this Act is hereby Amend ment. expressly reserved. Approved, May 18, 1928. CHAP. 637.-An Act Authorizing the State highway commission, Common- [S. 4 May 2 29 ,1928. 0.] o.] wealth of Kentucky, to construct, maintain, and operate a bridge across the [Public, No. 486 .] Cumberland River at or near Burkesville, Cumberland County, Kentucky. Be it enacted by the Senate sand House o f Representatives o f the Cumberland River . United States of America in Congress assembled, That the consent Ken tucky may of Congress is hereby granted to the State highway commission, bridge, at Burkesville. Commonwealth of Kentucky, 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 Burkesville, Cumberland County, Kentucky, in accordance with the provisions Const ruction. of an Act entitled "An Act to regulate the construction of bridges Vo., p. 11, p .8 over navigable waters," approved March 23, 1906, and subject to the conditions and limitations contained in this Act. Rates of toll applied SEC. 2. If tolls are charged for the use of such bridge, the rates of to operation, sinking toll shall be so adjusted as to provide a fund sufficient to pay the fund, etc. reasonable cost of maintaining, repairing, and operating the bridge and its approaches under economical management, and to provide a sinking fund sufficient to amortize the cost of the bridge and its approaches, including reasonable interest and financing cost, as soon as possible under reasonable charges, but within a period of not to exceed twenty years from the completion thereof. After a sinking Ma intena nce etc ., etnance after as free sinking bridge, sufficient for such amortization shall have been so provided, tilin g Costs. 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 economi- Record of expendi. cal management. An accurate record of the costs of the bridge and ture and receipts. its approaches, the expenditures for maintaining, repairing, and operating the same, and of the daily tolls collected shall be kept, and shall be available for the information of all persons interested. Amendment. SEC. 3. The right to alter, amend, or repeal this Act is hereby exp ressly reser ved. Approved, May 18, 1928.

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