KRS 177.560: Preliminary expenses of turnpike project.
Where this section sits in the code
- KRS Chapter 177
The department is hereby authorized in its discretion to expend such moneys as may be
necessary for the study of any turnpike project or projects and to use its engineering and
other forces and employ consulting engineers and traffic engineers for the purp ose of
effecting such study, and to pay for such additional engineering and traffic and other
expert studies as it may deem expedient. All such expenses incurred by the department
prior to the issuance of turnpike revenue bonds under the provisions of KRS 177.390 to
177.570 shall be paid by the department and charged to the appropriate turnpike project
or projects, and the department shall keep proper records and accounts showing each
amount so charged. Upon the sale of turnpike revenue bonds for any turnpi ke project or
projects, the funds so expended by the department in connection with such project or
projects may be reimbursed to the department from the proceeds of such bonds if
provision to that effect is made in the proceedings or trust agreement under which such
bonds are issued.
Collected 2026-09-05T20:51:29Z. Source file · JSON