Chapter 430. Granting the consent of Congress to the counties of Fayette and Washington, Pennsylvania, either jointly or severally, to construct, maintain, and operate a toll bridge across the Monongahela River, at or near Fayette City, Pennsylvania
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CHAP. 430.— An Act Granting the consent of Congress to the counties of Fayette and Washington, Pennsylvania, either jointly or severally, to construct, maintain, and operate a toll bridge across the Monongahela River, at or near Fayette City, Pennsylvania. March 3, 1931.[[S. 6232](/us/bill/71/s/6232).][[Public, No. 817](/us/pl/71/817).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, That the consent Monongahela River.Fayette and Washington Counties, Pa., may bridge, at Fayette City.of Congress is hereby granted to the county of Fayette, Pennsylvania, or its board of county commissioners, their successors or assigns, and/or to the county of Washington, Pennsylvania, or its board of county commissioners, their successors or assigns, to construct, maintain, and operate a bridge and approaches thereto across the Monongahela River, at a point suitable to the interests of navigation, at or near Fayette City, Pennsylvania, in accordance with Construction.Vol. 34, p. 84.the provisions of an 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.Toll rates applied to operation and sinking fund.
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 to pay the reasonable cost of maintaining, repairing, and operating the bridge and its approaches under economical management, and to provide a sinking fund sufficient to amortize the cost of the bridge and its approaches, including reasonable interest and financing cost, as soon as possible under reasonable charges, but within a period of not to exceed twenty-five years from the completion thereof.
After a sinking fund sufficient for such amortization shall Maintenance as free bridge after amortizing costs.have been so provided, such bridge shall thereafter be maintained and operated free of tolls, or the rates of toll shall thereafter be so adjusted as to provide a fund of not to exceed the amount necessary for the proper maintenance, repair, and operation of the bridge and its approaches, under economical management. An accurate Record of expenditures and receipts.record of the costs of the bridge and its approaches, the expenditures for maintaining, repairing, and operating the same, and of the daily tolls collected, shall be kept and shall be available for the information of all persons interested.
Sec. 3. The right to alter, amend, or repeal this Act is herebyAmendment, etc. expressly reserved. Approved, March 3, 1931.