2013 Kentucky Revised Statutes CHAPTER 175 - TURNPIKE AUTHORITY 175.580 Maintenance of turnpike -- Restoration of private property -- Donation of property by county or city -- Annual report of turnpike activities -- Audits -- Prohibition of interest of department or authority personnel.
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175.580 Maintenance of turnpike -- Restoration of private property -- Donation
of property by county or city -- Annual report of turnpike activities -Audits -- Prohibition of interest of department or authority personnel.
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Except as otherwise provided in the agreement or lease relating thereto, each
turnpike project when constructed and opened to traffic shall be maintained
and kept in good condition and repair by the department under the terms and
provisions of the agreement or lease, and shall be operated and maintained by
such force of tolltakers, and other operating and maintenance employees, as
the department may in its discretion employ, and the department shall not be
reimbursed for the cost thereof unless expressly otherwise provided in the
agreement or lease.
All private property damaged or destroyed in carrying out the powers granted
by this chapter shall be restored or repaired and placed in its original condition
as nearly as practicable or adequate compensation made therefor out of funds
provided under the authority of this chapter.
All counties, cities, towns and other political subdivisions and all public
agencies and commissions of the Commonwealth, notwithstanding any
contrary provision of law, may lease, lend, grant or convey to the authority at its
request, upon such terms and conditions as the proper authorities of the
counties, cities, towns, political subdivisions, agencies or commissions of the
Commonwealth deem reasonable and fair and without the necessity for any
advertisement, order of court or other action or formality, other than the regular
and formal action of the authorities concerned, any real property which is
necessary or convenient to the effectuation of the authorized purposes of the
authority, including public roads and other real property already devoted to
public use.
On or before January 30 in each year the authority shall make an annual report
of its activities for the preceding year to the Governor and to the General
Assembly. Each such report shall set forth a complete operating and financial
statement covering its operations during the year. The authority shall cause an
audit of its books and accounts to be made at least once in each year by
certified public accountants and the cost thereof may be treated as a part of the
cost of construction or operation of the project. Such audits are public records
within meaning of KRS 61.870(2).
No officer or employee of the authority or of the department shall have any
interest, direct or indirect, in the sale or purchase of any bonds authorized by
this chapter. Violation of this provision shall be punishable by a fine of not more
than one thousand dollars ($1,000) or by imprisonment for not more than one
(1) year, or both.
Effective:July 15, 1980
History: Amended 1980 Ky. Acts ch. 188, sec. 131, effective July 15, 1980. -Amended 1966 Ky. Acts ch. 255, sec. 161. -- Created 1960 Ky. Acts ch. 173,
sec. 18.
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