175.440 Authority may undertake turnpike projects pursuant to agreement with department. - Kentucky Statutes

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175.440 Authority may undertake turnpike projects pursuant to agreement with department. In order to provide for the construction of modern express highways or superhighways
embodying safety devices (including, when determined by the authority and the
department to be feasible and necessary, center division, ample shoulder widths,
longsight distances, two (2) or more lanes in each direction and grade separations at
intersections with other highways and railroads and other appurtenances), and thereby to
facilitate vehicular traffic, remove many of the present handicaps and hazards on the
congested highways in the Commonwealth, and promote the agricultural and industrial
development of the Commonwealth, the authority is hereby authorized and empowered,
under and pursuant to the terms and provisions of a written agreement or agreements with
the department as hereinafter provided, to construct, maintain, repair and operate turnpike
projects, to lease such projects to the department, and to issue revenue bonds of the
authority to finance such projects. Effective: March 25, 1960
History: Created 1960 Ky. Acts ch. 173, sec. 4, effective March 25, 1960.