Page:United States Statutes at Large Volume 71.djvu/532

 496

Costs.

68 Stat. 832. 22 USC 175 1 note. Condition.

Report. Termination of authority.

PUBLIC LAW 85-221-AUG. 30, 1957

[71

8T AT.

loan shall be made on the condition that it may be terminated at an earlier date if necessitated by the defense requirements of the United States. SEC. 3. All expenses involved in the activation, rehabilitation, and outfitting, including repairs, alterations, and logistic support, of vessels transferred under this Act shall be charged to funds programed for the recipient government under the Mutual Security Act of 1954, as amended, or to funds provided by the recipient government under the reimbursable provisions of that Act. SEC. 4. No vessel may be made available under this Act unless the Secretary of Defense, after consultation with the Joint Chiefs of Staff, determines that its transfer is in the best interests of the United States. The Secretary of Defense shall keep the Congress currently advised of all transfers under this Act. SEC. 5. The authority of the President to transfer naval vessels under this Act terminates on December 31, 1959. Approved August 29, 1957.

Public Law 85-221 August 30, 1957 [H. R. 6363]

Bridge s. Lovel Point, Md.

Tolls.

AN ACT To amend the Act of May 24, 1928, providing for a bridge across Bear Creek at or near Lovel Point, Baltimore County, Maryland, to provide for the construction of another bridge, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Act entitled "An Act authorizing Elmer J. Cook, his heirs, legal representatives, and assigns, to construct, maintain, and operate a bridge across Bear Creek at or near Lovel Point, Baltimore County, Maryland", approved May 24, 1928 (45 Stat. 727-728), is amended Dy redesignating section 6 as section 7 and by inserting immediately after section 5 the following new section: "SEC. 6. Notwithstanding the provisions of section 3, the Baltimore County Revenue Authority (hereafter in this Act referred to as the 'authority') of Baltimore County, Maryland, or its successors or assigns, after an additional bridge is completely constructed by the authority at a point near but inland from the bridge authorized by the first section of this Act, may fix, charge, and collect tolls for the use of each of such two bridges, at rates so adjusted as to provide, within a period of thirty years from the date on which such additional bridge is completely constructed by the authority, a fund which in the aggregate does not exceed an amount sufficient (1) to pay the reasonable costs of maintaining, repairing, and operating such two bridges and their approaches under economical management, and (2) to provide a sinking fund to pay the cost to the authority of such two bridges including reasonable interest and financing costs. Such bridges shall thereafter be maintained and operated free of tolls or the rate of tolls on such bridges shall thereafter be so adjusted as to provide a fund of not to exceed the amount necessary for the proper care, repair, maintenance, and operation of such bridges and their approaches. An accurate record of all amounts paid for such bridges and their approaches; of the expenditures for operating, repairing, and maintaining such bridges and their approaches; and of daily tolls collected on such bridges shall be kept by the authority, or its successors or assigns, and shall be available for the information of all interested persons." Approved August 30, 1957. • • • -" -

�