In lieu of levying a tax for the retirement of such bonds any such county may, in its discretion, collect tolls for the use of the bridge or tunnel, and all tolls collected, after payment of the necessary cost of collection and maintenance, shall be paid to the county treasurer, and shall be kept in a separate fund and used solely for paying the principal and interest on the bonds.
KRS 181.040
Tolls may be charged -- Use of tolls to retire bonds
Effective: October 1, 1942 History: Recodified 1942 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.