KRS 175B.005: Purpose of chapter.

(1) The purpose of this chapter is to establish a structure for the construction,

operation, financing, and oversight of significant transportation projects within

the Commonwealth and between the Commonwealth and any state adjoining

the Commonwealth. To accomplish this purpose, the Kentucky Public

Transportation Infrastructure Authority is established by KRS 175B.015 to

review, approve, and monitor all projects eligible for construction and financing

under this chapter and, if necessary, to assist with the operation, financing, and

management of projects.

(2) All projects approved by the Kentucky Public Transportation Infrastructure

Authority may be operated, managed, constructed, and financed entirely or in

part only by:

(a) A bi-state authority as provided in KRS 175B.030;

(b) A project authority as provided in KRS 175B.035;

(c) A public-private partnership as provided in KRS 175B.030 and 175B.037;

or

(d) A state authority as provided in KRS 175B.020, 175B.030, and 175B.037.