To provide for the construction, reconstruction, and relocation of economic development road projects, the authority is hereby authorized and empowered, subject to the limitations contained in a branch budget bill as defined in KRS § 48.010, under and pursuant to the terms and provisions of a written agreement or agreements with the cabinet, to construct, reconstruct, relocate, finance, and operate economic development road projects, to lease such projects to the cabinet, and to issue economic development road revenue bonds or notes of the authority to finance such projects. In the planning, construction, and financing of any economic development road project, the authority and the cabinet shall, subject to the provisions of KRS § 175.750 to KRS § 175.810, have and use all authority, procedures, and rights provided by the provisions of KRS § 175.410 to KRS § 175.690, inclusive.
Effective: June 25, 2009
History: Amended 2009 Ky. Acts ch. 78, sec. 39, effective June 25, 2009. — Amended
1994 Ky. Acts ch. 387, sec. 27, effective July 15, 1994. — Amended 1990 Ky. Acts ch. 502, sec. 1, effective April 11, 1990; and ch. 507, sec. 24, effective July 13, 1990.
— Amended 1982 Ky. Acts ch. 450, sec. 74, effective July 1, 1983. — Created 1980
Ky. Acts ch. 393, sec. 4, effective July 15, 1980.