§ 450. Expenditure of moneys. 1. The moneys received by the state from the sale of bonds and/or notes pursuant to the Accelerated Capacity and Transportation Improvements of the Nineties Bond Act shall be expended pursuant to annual appropriations for accelerated capacity and transportation improvements and municipal bridge improvements as defined in this article. 2. […]
§ 454. Approval of municipal bridge improvements. When the funds for municipal bridge improvements are appropriated to the department, such improvements shall be undertaken only pursuant to contract with the commissioner entered into following submission to and approval by the commissioner of a municipal bridge improvements application therefor.
§ 455. Contracts for municipal bridge improvements. Any such contract between the commissioner and a municipality may include such provisions as may be agreed upon by the parties thereto and shall include, in substance, the following: 1. the municipal bridge improvements cost; 2. an agreement by the commissioner to pay to the municipality during the […]
§ 456. Maintenance of records. In connection with each contract, the commissioner and the municipality shall keep adequate records of the amount of the payment by the state, the amount of federal assistance, if any, received by the municipality for the municipal bridge improvements and of all moneys expended by the municipality for such improvements. […]
§ 457. Regional distribution of petroleum business tax obligations from the dedicated highway and bridge trust fund. For the period April first, nineteen hundred ninety-three through March thirty-first, nineteen hundred ninety-seven, the amount of three billion nine hundred seventy-five million dollars in projected obligations from the dedicated highway and bridge trust fund related to deposits […]
