68-2045. Project to become part of state highway system after retirement of bonds, operation by secretary of transportation, continuation of tolls for other projects, when.
68-2045
68-2045. Project to become part of state highway system afterretirement of bonds, operation by secretary of transportation,continuation of tolls for other projects, when.Except as hereinafter provided in this section, when all bonds issuedunder the provisions of this act, in connection with any turnpikeproject and the interest thereon, shall have been paid or a sufficientamount for the payment of all such bonds and the interest thereon to thematurity thereof shall have been set aside in trust for the benefit ofthe bondholders, such project, if then in good condition and repair,shall become a part of the state highway system and shall thereafter bemaintained by the secretary of transportation.
The secretary of transportation, when such project becomes a part ofthe state highway system, shall have the same power as vested in theauthority by K.S.A. 68-2037, to fix, revise, charge andcollect tolls for the use of such turnpike project and to contract forthe use of any part thereof and to fix the terms, conditions, rents andrates of charges for such use; and such tolls, rents and rates ofcharges shall be sufficient to provide enough revenue to maintain,repair, operate, regulate and police such turnpike and to reimburse thesecretary of transportation, for the credit of the state highway fund,any amounts previously paid to the authority by the secretary pursuantto the provisions of K.S.A. 68-2033, and not theretoforereimbursed to the secretary.
History: L. 1957, ch. 368, § 16; L. 1975, ch. 427,§ 184; Aug. 15.