Chapter 464. Granting the consent of Congress to the State Highway Commission of Arkansas to construct, maintain, and operate a toll bridge across the White River at or near Cotter, Arkansas

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Chap. 464: Granting the consent of Congress to the State Highway Commission of Arkansas to construct, maintain, and operate a toll bridge across the White River at or near Cotter, Arkansas. Chapter 464 45 Stat. 470 1928-05-01 United States Government Publishing Office text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Digitization Vendor 2025-01-24 70 1 public Chapter 464.— An Act Granting the consent of Congress to the State Highway Commission of Arkansas to construct, maintain, and operate a toll bridge across the White River at or near Cotter, Arkansas.

May 1, 1928.[[H. R. 11583](/us/bill/70/hr/11583).][[Public, No. 329](/us/pl/70/329).] *Be it enacted, by the Senate and House of Representatives of the United States of America in Congress assembled,* That the consent White River.Arkansas may bridge, at Cotter.of Congress is hereby granted to the State Highway Commission of Arkansas to construct, maintain, and operate a bridge and approaches thereto across White River, at a point suitable to the interests Construction.Vol. 34, p. 84.of navigation, at or near Cotter, Arkansas, in accordance with the provisions of the Act entitled “An Act to regulate the construction of bridges over navigable waters,” approved March 23, 1906, and subject to the conditions and limitations contained in this Act.

Rates applied to operation, sinking fund, etc. Sec. 2. If tolls are charged for the use of such bridge, the rates of toll shall be so adjusted as to provide a fund sufficient

(1)to pay the reasonable cost of maintaining, repairing, and operating the bridge and its approaches; (2j the interest on borrowed money necessarily required and financing charges necessarily incurred in connection with the construction of the bridge and its approaches; Maturity of bonds limited, etc.and

(3)to provide a sinking fund sufficient to retire the bonds issued and sold in connection with such original construction. All revenues received from the bridge shall be applied to the foregoing purposes, and no bonds issued in connection with the construction of the bridge and its approaches shall be made to mature later than twenty years after the date of issue thereof. Maintenance as free bridge on retirement of bonds. After a fund sufficient to retire such bonds in accordance with their provisions shall have been so provided, the bridge shall thereafter Record of expenditures, receipts, etc.be maintained and operated as a free highway bridge upon which no tolls shall be charged. An accurate and itemized record of the original cost of the bridge and its approaches, the expenditures for maintaining, repairing, and operating the same, the interest charges paid, and the tolls charged and the daily revenues received from the bridge, shall be kept by the State Highway Commission of Arkansas, and shall be available at all reasonable times for the information of all persons interested. Amendment. Sec. 3. The right to alter, amend, or repeal this Act is hereby expressly reserved. Approved, May 1, 1928.

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Granting the consent of Congress to the State Highway Commission of Arkansas to construct, maintain, and operate a toll bridge across the White River at or near Cotter, Arkansas
Chapter 464

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Chapter 464

Granting the consent of Congress to the State Highway Commission of Arkansas to construct, maintain, and operate a toll bridge across the White River at or near Cotter, Arkansas

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