Indiana § 8-16-1-26 Bridge constructed under chapter and crossing Wabash River

Indiana Statutes

§ 8-16-1-26 — Bridge constructed under chapter and crossing Wabash River

Indiana·Art. 16 BRIDGES AND TUNNELS·Ch. 1 Operation and Financing of State Bridges to Adjoining

(a)This section applies only to a bridge that:

(1)was constructed under this chapter; and

(2)crosses the Wabash River.

(b)Notwithstanding any other provisions of this chapter, a bridge subject to this section does not become a part of the system of state highways free of tolls or a tollway under IC 8-15-3 when bonds are retired and all funds fully reimbursed.

(c)Money collected for the use of a bridge subject to this section shall be allocated to the authority and used for the following purposes:

(1)Operation of the toll bridge facility.

(2)Maintenance of the toll bridge facility.

(3)A reserve fund for future toll bridges over the Ohio River to be located within the same county in which the bridge subject to this section is located.

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(a) This section applies only to a bridge that:
(1) was constructed under this chapter; and
(2) crosses the Wabash River.
(b) Notwithstanding any other provisions of this chapter, a bridge
subject to this section does not become a part of the system of state
highways free of tolls or a tollway under IC 8-15-3 when bonds are
retired and all funds fully reimbursed.
(c) Money collected for the use of a bridge subject to this section
shall be allocated to the authority and used for the following purposes:
(1) Operation of the toll bridge facility.
(2) Maintenance of the toll bridge facility.
(3) A reserve fund for future toll bridges over the Ohio River to
be located within the same county in which the bridge subject to
this section is located.

Indiana § 8-16-1-26 (Bridge constructed under chapter and crossing Wabash River) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.