CHAPTER 15. BISTATE PURCHASE OF WABASH RIVER BRIDGE
IC 8-16-15
Chapter 15. Bistate Purchase of Wabash River Bridge
IC 8-16-15-1
Authority
Sec. 1. Subject to the provisions of this chapter, the department is
hereby authorized and empowered to enter into negotiations with the
proper authority having control of the state highways of the state of
Illinois, and with the owners of the bridge which spans the Wabash
River and over which State Highway No. 66 passes from this state
into the state of Illinois, for the purpose of acquiring the ownership
of and title to such bridge, jointly, by the state of Illinois and the
state of Indiana.
(Formerly: Acts 1937, c.160, s.1.) As amended by Acts 1980, P.L.74,
SEC.294.
IC 8-16-15-2
Purchase price
Sec. 2. If the proper authorities of the state of Illinois are
empowered by the laws of the state of Illinois to enter into such
negotiations, and if the department and the authority having charge
of the state highways of the state of Illinois can agree with the
owners of such bridge on the purchase-price of such bridge, then and
in that event the department is hereby authorized and empowered to
acquire the ownership of and the title to such bridge, jointly, with the
state of Illinois, to pay not to exceed fifty percent (50%) of the
purchase-price agreed upon, out of any funds appropriated to the
department which might otherwise be used for the construction of
bridges, and to enter into such agreements with the proper authorities
of the state of Illinois as may be fair and equitable for the repair,
maintenance and upkeep of such bridge, and to expend such amounts
of money as may be necessary to maintain such bridge.
(Formerly: Acts 1937, c.160, s.2.) As amended by Acts 1980, P.L.74,
SEC.295.