Kentucky Revised Statutes (Last Updated: May 10, 2014) |
TITLE XV. ROADS, WATERWAYS, AND AVIATION |
CHAPTER 175B. KENTUCKY PUBLIC TRANSPORTATION INFRASTRUCTURE AUTHORITY |
005. Purpose of chapter. |
010. Definitions for chapter. |
015. Kentucky Public Transportation Infrastructure Authority -- Members -- Meetings -- Records -- Administrative regulations -- Model procurement code compliance. |
020. Purpose of state authority -- Participation as a developing or issuing authority -- Oversight function -- Legislative ratification required for certain actions. |
025. Powers and duties of developing authority and issuing authority -- Project development restrictions. |
030. Projects connecting Kentucky and Indiana -- Bi-state authority -- Formation -- Members -- Bi-state agreement -- Financial plan -- Legislative findings and declarations. |
045. Required standards for completed projects. |
050. Permitted construction activities -- Permitted entry upon lands, waters, and premises for necessary construction work -- Administrative regulations concerning public utility facilities. |
055. Agreements for use of project authority lands. |
060. Issuance of project revenue bonds -- Use of bond proceeds. |
065. Project revenue bonds not a debt or pledge of faith and credit of the Commonwealth or its subdivisions -- Statement on face of bonds. |
070. Project revenue bonds may be secured by trust agreement -- Permissible provisions. |
075. Moneys received under chapter are trust funds -- Permitted investment of project revenue bond proceeds. |
080. Operation and maintenance of projects constitute performance of essential governmental functions -- Tax-free status of projects and project revenue bonds. |
085. Project revenue bonds are authorized investment securities. |
090. Maintenance and repair of projects -- Restoration of or compensation for damaged private property -- Permitted leases. |
095. Evaluation of project condition prior to bond retirement -- Evaluation of tolls upon transfer of ownership -- Transfer of funds -- Actions required prior to and upon bond retirement. |
100. Annual report by state authority -- Annual audit of state authority. |
105. Conflict of interest for officers or employees of an authority. |
110. Indemnification from liability for an authority's board members, officers, and employees. |
115. Project planning or work done prior to establishment of an authority. |