Kentucky Statutes 175.670 – Authorization to contract for and lease resource recovery road projects — Bonds
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In order to provide for the construction of resource recovery road projects, the authority is hereby authorized and empowered under and pursuant to the terms and provisions of a written agreement or agreements with the cabinet to construct, finance, maintain, repair and operate resource recovery road projects, to lease such projects to the cabinet, and to issue resource recovery road revenue bonds of the authority to finance such projects. In the planning, construction and financing of any resource recovery road project, the authority and the cabinet shall, subject to the provisions of KRS § 175.640 to KRS § 175.690, have and use all authority, procedures and rights provided by the provisions of KRS § 175.410 to
175.990, inclusive.
History: Created 1976 Ky. Acts ch. 259, sec. 4.
175.990, inclusive.
Terms Used In Kentucky Statutes 175.670
- agreement: shall mean a written agreement, made by and between the authority and the department under the provisions of KRS §. See Kentucky Statutes 175.410
- authority: shall mean the Turnpike Authority of Kentucky. See Kentucky Statutes 175.410
History: Created 1976 Ky. Acts ch. 259, sec. 4.