Page:United States Statutes at Large Volume 46 Part 1.djvu/823

 780 SEVENTY-FIRST CONGRESS. SEss. II. CH. 523. 1930 . cient t o amortize the aggrega te cost of the bridge or all of th e bridges embraced in the particular project, and their approaches, including reasonable interests and financing costs, as soon as possible under reasonable charges, but within a period not exceeding twenty years costs amortized. from the date of approval of this Act. The tolls derived from the bridge or bridges embraced in any particular project may be con- tinued and paid into the appropriate sinking fund until all such costs Adjustment of toll of the bridges embraced in the particular project shall have been rates. amortized. In any event tolls shall be charged on the basis aforesaid for transit over the bridge or bridges in each project for which revenue bonds of said Commonwealth are issued, and such tolls shall be continued and adjusted at such rates as may be necessary to pay such bonds with interest thereon and any lawful premium for the reti rement ther eof b efore matur ity, s ubjec t onl y to t he po wer of the Secretary of war or other authorized Federal authority to regulate Fai iure to const ruct, such rates. ete., any bridge not to If the State Highway Co mmission of Kentucky, or its successors, invalidate rights, ote.s shall in the exercise of its or their judgment deem it inexpedient g ran ted ov er bri dge c onstr ucted, etc. or impracticable to construct or acquire any one or more of such bridges, or to unite or group any one or more with another or others fo r financi ng purpose s, then t he failure of the Co mmon- wealt h of Kentu cky, actin g by and t hroug h the Stat e Hig hway Commission of Kentucky, or its successors, to construct or acquire any one or more of such bridges, or failure to unite or group any one or more with another or others for financing purposes, shall in nowise affect its authority or powers granted by this Act as to such bridge or bridges or the remainder of such bridges which Maintenance as free it may so construct, acquire, unite, or group, and operate. b rid ges after costs After a sinking fund sufficient to amortize the cost of the bridge amortized. or bridges in any particular project shall have been provided to the extent hereinabove required, the bridge or bridges included in such Record of oxpendi- project shall thereafter be maintained and operated free of tolls. tares and receipts. An accurate record of the cost of the bridge or bridges in a project and their approaches, the expenditures for maintaining, repairing, and operating same, and of the daily tolls collected shall be kept uniform tolls. and shall be available for the information of all persons interested. Tolls shall be uniform as between individuals and as between vehicles of the same class using any one of the bridges, but different Authority, etc ., un- rates of toll may be charged for the use of different bridges. der provisions herein. SEC. 5. The authority and powers conferred by this Act are su pplementar y and add itional to all othe r authorit y and powe rs heretofore granted by law in relation to such bridges and tolls fo r transit thereover, and such authority or powers as to any one or more of such bridges may be exercised either under the authority and provisions of this Act or under the authority and provisions of any other law relating thereto ; and nothing in this Act shall be construed as requiring tolls to be charged for the use of any one or more of such bridges, except as hereinabove provided, and no thing here in shall be constru ed to pro hibit the Commonweal th of Kentucky, acting by and through the State Highway Commission of Kentucky, or its successors, from paying all or any part of the cost of any one or mo re of such bridges and their approaches from the State road fund, or from paying all or any part of the cost of maintenance, repair, or operation of any one or more of such Amendment . bridges from the Stat e road fund of the Commonwealth of Kentucky. . SEC. 6. The right to alter, amen d, or repeal this Act is hereby ex pressl y res erved. Approved, June 18, 1930.

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