{"data":{"id":"us-ky/krs-175.410","jurisdiction":"us-ky","citation":"KRS 175.410","heading":"Definitions.","body":"As used in this chapter, the following words shall have the following respective\nmeanings, unless another or different meaning or intent shall be clearly indicated by the\ncontext:\n(1) The word \"authority\" shall mean the Turnpike Authority of Kentucky;\n(2) The word \"department\" shall mean the Department of Highways, or, if said\ndepartment shall be abolished, the bureau, board, body or commission succeeding to\nthe principal functions thereof or to whom the powers given by KRS 177.390 to\n177.570 to the department shall be given by law;\n(3) The word \"project\" or the words \"turnpike project\" shall mean any express highway\nor superhighway or such part or parts thereof as may be constructed by the authority\nunder the provisions of this chapter, including all bridge s, tunnels, overpasses,\nunderpasses, interchanges, entrance plazas, approaches, connecting highways,\ntollhouses, service stations, garages, restaurants, and administration, storage and\nother buildings and facilities which the authority may deem necessary f or the\noperation of such project, together with all property, rights, easements and interests\nwhich may be acquired by the authority or by the department for the construction or\nthe operation of such project;\n(4) The word \"cost\" as applied to a turnpike pr oject shall embrace the cost of\nconstruction, the cost of the acquisition of all land, rights of way, property, rights,\neasements and interests acquired for such construction, the cost of demolishing or\nremoving any buildings or structures on land so acqui red, including the cost of\nacquiring any lands to which such buildings or structures may be moved, the cost of\nall machinery and equipment, financing charges, provision for working capital in\nsuch amount as the authority shall determine to be reasonable, i nterest prior to and\nduring construction and, if deemed advisable by the authority, for a period not\nexceeding two (2) years after completion of construction, cost of traffic estimates,\nengineering and legal expenses, cost of plans, specifications, surveys , estimates of\ncost and of revenues, other expenses as may be necessary or incident to determining\nthe feasibility or practicability of constructing any such project, administrative\nexpenses, and such other expense as may be necessary or incident to the\nconstruction of the project, the financing of such construction and the placing of the\nproject in operation. Any obligation or expense hereafter incurred for a turnpike\nproject by the authority or by the department on behalf of the authority, and any\nobligation or expense heretofore incurred by the department for any such turnpike\nproject, for traffic surveys, borings, preparation of plans and specifications,\nengineering, and other services in connection with the construction of a project may\nbe regarded as a  part of the cost of such project and may, if advanced by the\ndepartment, be reimbursed to it out of the proceeds of turnpike revenue bonds of the\nauthority;\n(5) The words \"public highways\" shall include all public highways, roads and streets in\nthe Commonwealth, whether maintained by the Commonwealth or by any county,\ncity, town or other political subdivision or agency;\n(6) The word \"bonds\" or the words \"revenue bonds\" or \"turnpike revenue bonds\" shall\nmean revenue bonds or revenue refunding bonds of the a uthority issued under the\nprovisions of this chapter;\n(7) The word \"owner\" shall include all individuals, copartnerships, associations, or\ncorporations having any title or interest in any property, rights, easements or\ninterests authorized by this chapter to be acquired;\n(8) The word \"agreement\" shall mean a written agreement, made by and between the\nauthority and the department under the provisions of KRS 175.460, providing for\nthe financing and constructing of one (1) or more turnpike projects by the authority;\n(9) The word \"lease\" shall mean a written lease made by the authority as lessor and the\ndepartment as lessee under the provisions of KRS 175.470, relating to one (1) or\nmore turnpike projects financed and constructed by the authority;\n(10) The word \"biennium\" or the words \"biennial period\" or \"biennial term\" shall mean\nthe two (2) year fiscal period of the Commonwealth, commencing on July 1 in each\neven-numbered year and ending on June 30 in the next ensuing even -numbered\nyear.","path":["KRS Chapter 175"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=5070","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:25Z","sha256":"caa4147ecf35de69d5444b5a64a22b543a661e37aa4c1fe035ab5f9d971bacaa","source_id":"us-ky","stale":false,"prev":"us-ky/krs-175.320","next":"us-ky/krs-175.420"},"notice":"GroundRules: Original legal text. Not legal advice."}
