Page:United States Statutes at Large Volume 49 Part 1.djvu/1119

 1074 14rrt CONGRE SS. SESS. I. CH. 833 . AUGUST 30, 1935. County, New York, i n accordance with the provisions of an Act construction, entitled "An Act to regulate the construction of bridges over navi- Vol.34,p.84. gable waters ", approved March 23, 1906, and subject to the condi- tions and limitations contained in this Act. Tolls to be applied (b) If tolls are charged for the use of such bridge and causeway, fund operation, sinking the rates of toll shall be so adjusted as to provide a fund sufficient to pay the reasonable cost of maintaining, repairing, and operating the bridge, causeway, and its approaches under economical management, and to provide a sinking fund sufficient to amortize the cost of the bridge, causeway, and its approaches, including reasonable interest and financing cost, as soon as possible under reasonable charges, but within a period of not to exceed 20 years from the completion thereof. bridge Mainte nance, etc ., af ter as am or- sinking fr ee After a sinking fund sufficient for such amortization shall have been tir ing cos ts, so provided, such bridge and causeway shall thereafter be maintained and operated fre e of tolls, or the rates of tolls 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, Record of expendi- causeway, and its approaches u nder economical manage ment. An tures and receipts. accurate r ecord of the cost of the bridge, causeway, and 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. Mis souri River at MISSOURI RIVER AT NIOBRARA, NEBRASXA Niobrara, Nebr. Post, p .1354. SEC. 32 . (a) That in order to promote interstate commerce, improve the postal service, and provide for military and other purposes, the vil lage boa rd of t he villa ge of N iobrara, county of Kno x, State of Nebraska, be, and is hereby, authorized to construct, maintain, and ope rate a b ridge a nd appro aches t hereto a cross t he Miss ouri Riv er, at a point suitable to the interest s of navigation, at or ne ar Niobrara, Construction. Vol.34,p.84;U.S.C., Nebraska, in accordance with the provisions of the Act entitled "An p. 1474. Act to regulate the construction of bridges over navigable waters ", app roved Ma rch 23, 1906, a nd subj ect to t he cond itions and limi ta- tions contained in this Act. Acquisition of ap- proaches, (b) There is hereby conferred upon the Village Board of the Vil- lage of Niobrara, county of Knox, State of Nebraska, all such rights and powers to enter upon lands and to acquire, condemn, occupy, poss ess, and use real estate and other property needed for the location, construction, maintenance, and operation of such bridge and its ap- proaches, as are possessed by railroad corporations for railroad pur- poses or by bridge corporations for bridge purposes in the State in which such real estate or other property is situated, upon making just com pensatio n there for, to be asce rtained and pai d accor ding to the laws of such State, and the proceedings therefor shall be the same as in the condemnation or expropriation of property for public purposes in such State. Tol134,p.85;u. S. C., (c) The said Villiage I Board of the Villiage 1 of Niobrara, county p .1474. o f Knox, State o f Nebras ka, is hereby a uthoriz ed to fi x the c harge tolls for transit over such bridge, and the rate s of toll so fixed shall be the legal rates until changed by the Secretary of War under the authority contained in the Act of March 23, 1906. To lls to be appl ied (d) In fixing the rates of toll to be charged for the use of such fu ope etc. ration, sinl~mg bridge the same shall be so adjusted as to provide a fund sufficient fund, to pay for the reasonable cost of maintaining, repairing, and operating t he bridg e and i ts appro aches u nder eco nomical managem ent, an d to provide a sinking fund sufficient to amortize the cost of such bridge 2So in original.