Download as PDF
148.241 Compact for Falls of the Ohio Interstate Park.
The Falls of the Ohio Interstate Park Compact is hereby enacted into law and
entered into by this state with the state of Indiana, in the form substantially as
follows:
FALLS OF THE OHIO INTERSTATE PARK COMPACT
ARTICLE I.
The State of Indiana and the Commonwealth of Kentucky agree to create, develop
and operate an interstate park to be known as Falls of the Ohio Interstate Park,
which shall be located along the Ohio River at the Falls of the Ohio and on adjacent
areas in Clark and Floyd Counties, Indiana, and Jefferson County, Kentucky. Said
park shall be of such area and of such character as may be determined by the
commission created by this compact.
ARTICLE II.
There is hereby created The Falls of the Ohio Interstate Park Commission, which
shall be a body corporate with the powers and duties set forth herein and such
additional powers as may be conferred upon it by subsequent action of the
appropriate authorities of Indiana and Kentucky. The commission shall consist of
three commissioners from each of the two states, each of whom shall be a citizen of
the state he shall represent. Members of the commission shall be appointed by the
Governor. Vacancies shall be filled by the Governor for the unexpired term. The term
of one of the first commissioners appointed shall be for two years, the term of
another for three years, and the term of the third for four years. Their successors
shall be appointed for terms of four years each. Each commissioner shall hold office
until his successor is appointed and qualified. An officer or employee of the state, a
political subdivision or the United States government may be appointed a
commissioner under this compact.
ARTICLE III.
The commission created herein shall be a joint corporate instrumentality of both the
State of Indiana and the Commonwealth of Kentucky for the purpose of effecting the
objects of this compact, and shall be deemed to be performing governmental
functions of the two states in the performance of its duties hereunder. The
commission shall have power to sue and be sued, to contract and be contracted
with, to use a common seal and to make and adopt suitable bylaws, rules and
regulations. The commission shall have the authority to acquire by gift, purchase or
otherwise real estate and other property, and to dispose of such real estate and
other property. Each state agrees that it will exercise the right of eminent domain to
acquire property located within each state required by the commission to effectuate
the purposes of this compact.
ARTICLE IV.
The commission shall select from among its members a chairman and a vice
chairman, and may select from among its members a secretary and treasurer or
may designate other persons to fill these positions. It may appoint, and at its
pleasure remove or discharge, such officers and legal, clerical, expert and other
assistants and employees as may be required to carry the provisions of this compact
into effect, and shall fix and determine their duties, qualifications and compensation.
It may establish and maintain one or more offices for the transaction of its business,
and may meet at any time or place. A majority of the commissioners present shall
constitute a quorum for the transaction of business. The commissioners shall serve
without compensation, but shall be paid their expenses incurred in and incident to
the performance of their duties. They shall take the oath of office required of officers
of their respective states.
ARTICLE V.
Each state agrees that the officers and departments of each will be authorized to do
all things falling within their respective jurisdictions necessary or incidental to the
carrying out of the compact in every particular. The commission shall be entitled to
the services of any state officer or agency in the same manner as any other
department or agency of this state. The commission shall keep accurate records,
showing in full its receipts and disbursements, and said records shall be open at any
reasonable time to the inspection of such representative of the two states as may be
duly constituted for that purpose. The commission shall submit annually and at other
times as required such reports as may be required by the laws of each state or by
the Governor thereof.
ARTICLE VI.
The cost of acquiring land and other property required in the development and
operation of the Falls of the Ohio Interstate Park and constructing, maintaining and
operating improvements and facilities therein and equipping same may be defrayed
by funds received from appropriations, gifts, the use of money received as fees or
charges for the use of said park and facilities, or by the issuance of revenue bonds,
or by a combination of such sources of funds. The commission may charge for
admission to said park, or make other charges deemed appropriate by it and shall
have the use of funds so received for park purposes. The commission is authorized
to issue revenue bonds, which shall not be obligations of either state, pursuant to
procedures which shall be in substantial compliance with the provisions of laws of
either or both states governing the issuance of revenue bonds by governmental
agencies.
ARTICLE VII.
All money, securities and other property, real and personal, received by way of gift
or otherwise or revenue received from its operations may be retained by the
commission and used for the development, maintenance and operation of the park
or for other park purposes.
The commission shall not pledge the credit of either state except by and with the
authority of the General Assembly thereof.
ARTICLE VIII.
This compact may be amended from time to time by the concurrent action of the two
states parties hereto.
The compact approved herein shall become effective upon ratification and approval
of the compact by the General Assembly of the State of Indiana and upon approval
of this compact by the Congress of the United States.
History: Created 1968 Ky. Acts ch. 8, sec. 1.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.