Kentucky Statutes 175B.005 – Purpose of chapter
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(1) The purpose of this chapter is to establish a structure for the construction, operation, financing, and oversight of significant transportation projects within the Commonwealth and between the Commonwealth and any state adjoining the Commonwealth. To accomplish this purpose, the Kentucky Public Transportation Infrastructure Authority is established by KRS § 175B.015 to review, approve, and monitor all projects eligible for construction and financing under this chapter and, if necessary, to assist with the operation, financing, and management of projects.
(2) All projects approved by the Kentucky Public Transportation Infrastructure Authority may be operated, managed, constructed, and financed entirely or in part only by:
(a) A bi-state authority as provided in KRS § 175B.030; (b) A project authority as provided in KRS § 175B.035;
(c) A public-private partnership as provided in KRS § 175B.030 and KRS § 175B.037;
or
(d) A state authority as provided in KRS § 175B.020, 175B.030, and 175B.037.
Effective:April 8, 2016
History: Amended 2016 Ky. Acts ch. 67, sec. 6, effective April 8, 2016. — Created
2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 75, effective June 26, 2009.
(2) All projects approved by the Kentucky Public Transportation Infrastructure Authority may be operated, managed, constructed, and financed entirely or in part only by:
Terms Used In Kentucky Statutes 175B.005
- Authority: means the state authority, or a bi-state authority, or a project authority, unless the specific use requires that it apply only to the state authority, or a bi-state authority, or a project authority. See Kentucky Statutes 175B.010
- Bi-state authority: means an authority created under KRS §. See Kentucky Statutes 175B.010
- Commonwealth: means the Commonwealth of Kentucky. See Kentucky Statutes 175B.010
- Oversight: Committee review of the activities of a Federal agency or program.
- Project: includes all bridges, tollhouses, garages, and other buildings and facilities which the authority deems necessary for the operation of the project, together with all property, rights, easements, and interests which may be acquired by the authority or by the Commonwealth for the construction and operation of a project. See Kentucky Statutes 175B.010
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
- State authority: means the Kentucky Public Transportation Infrastructure
Authority created under KRS §. See Kentucky Statutes 175B.010
(a) A bi-state authority as provided in KRS § 175B.030; (b) A project authority as provided in KRS § 175B.035;
(c) A public-private partnership as provided in KRS § 175B.030 and KRS § 175B.037;
or
(d) A state authority as provided in KRS § 175B.020, 175B.030, and 175B.037.
Effective:April 8, 2016
History: Amended 2016 Ky. Acts ch. 67, sec. 6, effective April 8, 2016. — Created
2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 75, effective June 26, 2009.