181.040 Tolls may be charged -- Use of tolls to retire bonds.
70 words·~1 min read·
/ky/chapter-181/181-040A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In lieu of levying a tax for the retirement of such bonds any such county may, in its discretion, collect tolls for the use of the bridge or tunnel, and all tolls collected, after payment of the necessary cost of collection and maintenance, shall be paid to the county treasurer, and shall be kept in a separate fund and used solely for paying the principal and interest on the bonds.