§ 175.410 Definitions
§ 175.420 Legislative intent
§ 175.425 Purpose and status of turnpike authority
§ 175.430 Turnpike Authority of Kentucky — Composition — Meetings — Quorum — Corporate character
§ 175.440 Authority may undertake turnpike projects pursuant to agreement with department
§ 175.450 General powers of authority as to turnpike projects
§ 175.460 Contents of agreement between authority and department
§ 175.470 Leases between authority and department authorized — Contents
§ 175.480 Policing of projects
§ 175.490 Grade separations — Relocation or vacation of existing highways — Rights of access — Regulations as to public utility facilities on or along turnpike projects
§ 175.500 Turnpike revenue bonds of the authority
§ 175.505 Debt payment acceleration fund — Revenue source — Use to accelerate payment of turnpike authority debt
§ 175.510 Revenue bonds are not debt of Commonwealth
§ 175.520 Tolls for use of turnpikes — Contracts for utility and service facilities — Disposition of toll revenues
§ 175.525 Toll-road identification card — Exemptions from tolls
§ 175.530 Trust indenture to secure bonds — Rights and remedies of bondholders
§ 175.540 Trust funds
§ 175.550 Remedies of bondholders
§ 175.560 Turnpike properties and bonds are tax-exempt
§ 175.570 Status of turnpike bonds as investments
§ 175.580 Maintenance of turnpike — Restoration of private property — Donation of property by county or city — Annual report of turnpike activities — Audits — Prohibition of interest of department or authority personnel
§ 175.590 Acquisition of property — Condemnation — Possession — Special provisions for condemning railroad property
§ 175.605 Refunding bonds — Purposes — Factors to be taken into account — Investment of proceeds — Agreements and leases — Securing bonds
§ 175.610 Transfer of turnpike to highway system after retirement of bonds
§ 175.620 Preliminary expenses of turnpike project
§ 175.630 Additional and alternative nature of chapter
§ 175.640 Legislative findings
§ 175.650 Definitions for KRS 175.640 to 175.690
§ 175.660 Authority with respect to resource recovery road projects
§ 175.670 Authorization to contract for and lease resource recovery road projects — Bonds
§ 175.680 Revenue bonds
§ 175.690 Use of funds
§ 175.750 Legislative findings
§ 175.760 Definitions for KRS 175.750 to 175.810
§ 175.770 Power of turnpike authority to construct economic development road projects
§ 175.780 Power of turnpike authority to issue economic development road revenue bonds and notes
§ 175.790 Bonds secured solely by revenues derived from leasing project to cabinet — Tolls prohibited
§ 175.800 Funds credited to state transportation fund (road fund) to be used for lease rental payments
§ 175.810 Economic development road account — Transfer of funds to account
§ 175.990 Penalty

Terms Used In Kentucky Statutes > Chapter 175 - Turnpike Authority

  • Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
  • Adjourn: A motion to adjourn a legislative chamber or a committee, if passed, ends that day's session.
  • agreement: shall mean a written agreement, made by and between the authority and the department under the provisions of KRS §. See Kentucky Statutes 175.410
  • Amortization: Paying off a loan by regular installments.
  • Attorney: means attorney-at-law. See Kentucky Statutes 446.010
  • authority: shall mean the Turnpike Authority of Kentucky. See Kentucky Statutes 175.410
  • biennial term: shall mean the two (2) year fiscal period of the Commonwealth, commencing on July 1 in each even-numbered year and ending on June 30 in the next ensuing even-numbered year. See Kentucky Statutes 175.410
  • Biennium: means the two (2) year period commencing on July 1 in each even- numbered year and ending on June 30 in the ensuing even-numbered year. See Kentucky Statutes 446.010
  • City: includes town. See Kentucky Statutes 446.010
  • Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Dependent: A person dependent for support upon another.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Federal: refers to the United States. See Kentucky Statutes 446.010
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Joint committee: Committees including membership from both houses of teh legislature. Joint committees are usually established with narrow jurisdictions and normally lack authority to report legislation.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • lease: shall mean a written lease made by the authority as lessor and the department as lessee under the provisions of KRS §. See Kentucky Statutes 175.410
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • owner: shall include all individuals, copartnerships, associations, or corporations having any title or interest in any property, rights, easements or interests authorized by this chapter to be acquired. See Kentucky Statutes 175.410
  • Personal property: All property that is not real property.
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • public highways: shall include all public highways, roads and streets in the Commonwealth, whether maintained by the Commonwealth or by any county, city, town or other political subdivision or agency. See Kentucky Statutes 175.410
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Trustee: A person or institution holding and administering property in trust.
  • turnpike project: shall mean any express highway or superhighway or such part or parts thereof as may be constructed by the authority under the provisions of this chapter, including all bridges, tunnels, overpasses, underpasses, interchanges, entrance plazas, approaches, connecting highways, tollhouses, service stations, garages, restaurants, and administration, storage and other buildings and facilities which the authority may deem necessary for the operation of such project, together with all property, rights, easements and interests which may be acquired by the authority or by the department for the construction or the operation of such project. See Kentucky Statutes 175.410
  • Year: means calendar year. See Kentucky Statutes 446.010