§ 14-320-115. Lien of bonds — Tax levy — Default
(a) All bonds issued by the board of commissioners shall be secured by a lien on all lands, railroads, and tramroads in the district. The board of commissioners shall be required to levy a tax annually and to collect the tax under the provisions of this chapter so long as it is necessary and required […]
§ 14-320-116. Revenue bonds — Tax levy when tolls insufficient
(a) If the board of commissioners shall have ascertained that the construction, maintenance, and operation of the interstate bridge can be financed in whole or in part by the issuance of revenue bonds payable from the tolls so charged and collected, then the board of commissioners is given and granted the full power and authority […]
§ 14-320-117. Applicability of federal law
All interstate bridges shall be constructed under the terms and provisions of the “General Bridge Act of 1946” and any act amendatory thereto.
§ 14-320-118. Tolls — Transfer of bridge to state
(a) The board of commissioners is granted the right and power to construct, operate, and maintain the bridge as a toll bridge. It shall have the power to fix and determine, subject to the terms and provisions of the General Bridge Act, the tolls to be charged for transit over the bridge for motor-propelled vehicles, […]
§ 14-320-119. Contracts with federal government, highway commission, local governments, or other states
(a) For the purpose of carrying into effect the objects and purposes of this chapter, the board of commissioners shall have full power and authority to: (1) Negotiate and enter into contracts with the federal government or any of its agencies, the State Highway Commission, or the state highway commission of any adjoining state where […]
§ 14-320-120. Acquisition of real property — Eminent domain
(a) The board of commissioners acting for and on behalf of the district shall have the right, power, and authority to purchase, hold, and possess real estate necessary for the purposes for which the district was organized. In addition thereto, the district organized under this chapter shall have the right of eminent domain. (b) If […]
§ 14-321-101. Scope
This chapter shall apply to all improvement districts created for the construction of a free viaduct connecting with a bridge over a navigable river.
§ 14-321-102. Commissioners
In all viaduct districts described in § 14-321-101, commissioners shall be elected in the manner provided by the laws applying to such districts respectively.
§ 14-321-103. Limitations on bond issue — Interest
(a) In all the viaduct improvement districts described in § 14-321-101, limitations on bonds that may be issued by a district shall not apply to interest on any bonds or borrowed money. (b) If bonds are issued before the construction work is completed, limitations on the issuance of bonds to a part of the total […]
§ 14-321-104. Bonds sold for less than par when carrying lower interest rate
If any viaduct improvement district described in § 14-321-101, where it is or may be provided by law that the interest on bonds issued by the district shall not exceed six percent (6%) per annum, nor the bonds be sold for less than par, bonds bearing a lower rate of interest may be issued by […]