Chapter 101. Granting the consent of Congress to the city of Louisville, Kentucky, to construct a bridge across the Ohio River at or near said city
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CHAP. 101.— An Act Granting the consent of Congress to the city of Louisville, Kentucky, to construct a bridge across the Ohio River at or near said city.April 2, 1926. [[H. R. 9599](/us/bill/69/hr/9599).] [[Public, No. 88](/us/pl/69/88).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*,Ohio River.Louisville, Ky., may bridge. That the consent of Congress is hereby granted to the city of Louisville, Kentucky, or to any board or boards, commission or commissions, which may be duly created or established for the purpose, to construct, maintain, and operate a highway or combined highway and railway bridge 233and approaches thereto across the Ohio River at a point suitable toLocation. the interests of navigation, extending from some point between Third and Twelfth Streets in the city of Louisville, Kentucky, across saidConstruction. river to a point opposite on the Indiana shore, in accordance with the pro visions of the Act entitled “An Act to regulate the constructionVol. 34, p. 84.*Post*, p. 1379. of bridges over navigable waters,” approved March 23, 1906, and subject to the conditions and limitations contained in this Act.
The construction of such bridge shall not be commenced, nor shallApproval of traffic capacity required. any alterations in such bridge be made either before or after its completion, until plans and specifications for such construction or alteration shall have been submitted to the Secretary of War and the Chief of Engineers and approved by them as being adequate from the standpoint of Ute volume and weight of traffic which will pass over it. Sec. 2. There is hereby conferred upon the said city of LouisvilleRight to condemn real estate for location, etc. or such board or boards, commission or commissions, all such rights and powers to enter upon lands and to acquire, condemn, appropriate, occupy, possess, and use real estate and other property needed for the location, construction, operation, and maintenance of such bridge and its approaches and terminals as are possessed by bridge corporations for bridge purposes in the States in which such real estate and other property are located upon making proper compensation therefor, to be ascertained according to the laws of such States; and the proceedings thereof may be the same as in the condemnation and expropriation of property in such States.
Sec. 3. The said city of Louisville, board or boards, commissionTolls authorized. or commissions, is hereby authorized to fix and charge tolls for transit over such bridge and the rates so fixed shall be the legal rates until changed by the Secretary of War under the authority containedVol. 34, p. 85. in such Act of March 23, 1906. Sec. 4. In fixing the rates of tolls to be charged for the use ofRates of tolls to provide for operation, return of investment, and sinking fund. such bridge, the same shall be so adjusted as to provide as far as possible a sufficient fund to pay for the cost of maintaining, repairing, and operating the bridge and its approaches, to pay an adequate return on the investment, and to provide a sinking fund sufficient to amortize the cost of the bridge and approaches within a period of not to exceed thirty years from the completion thereof.
After a sinking fund sufficient to pay the cost of constructing theMaintenance as free bridge, etc., subsequently. bridge and its approaches shall have been provided, such bridge shall thereafter be maintained and operated free of tolls, or the rates of toll shall be so adjusted as to provide a fund of not to exceed the amount necessary for the proper care, maintenance, and operation of the bridge and its approaches. Sec. 5. The right to alter, amend, or repeal this Act is herebyAmendment. expressly reserved.
Approved, April 2, 1926.