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175.440 Authority may undertake turnpike projects pursuant to agreement with department.

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175.440 Authority may undertake turnpike projects pursuant to agreement with department. In order to provide for the construction of modern express highways or superhighways <br>embodying safety devices (including, when determined by the authority and the <br>department to be feasible and necessary, center division, ample shoulder widths, <br>longsight distances, two (2) or more lanes in each direction and grade separations at <br>intersections with other highways and railroads and other appurtenances), and thereby to <br>facilitate vehicular traffic, remove many of the present handicaps and hazards on the <br>congested highways in the Commonwealth, and promote the agricultural and industrial <br>development of the Commonwealth, the authority is hereby authorized and empowered, <br>under and pursuant to the terms and provisions of a written agreement or agreements with <br>the department as hereinafter provided, to construct, maintain, repair and operate turnpike <br>projects, to lease such projects to the department, and to issue revenue bonds of the <br>authority to finance such projects. Effective: March 25, 1960 <br>History: Created 1960 Ky. Acts ch. 173, sec. 4, effective March 25, 1960.