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2012 Statute

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68-2051.Definitions. As used in this act, the following words and terms shall have the following meanings, unless the context shall indicate another or different meaning or intent:

(a) The word "authority" shall mean the Kansas turnpike authority duly created by K.S.A. 68-2003, or, if said authority shall be abolished, the board, body or commission succeeding to the principal functions thereof or to whom the powers given by this act to the authority shall be given by law.

(b) The word "project" or the words "turnpike project" shall mean the modern express highway or any part or parts thereof constructed under the provisions of this act by the authority, including all bridges, tunnels, overpasses, underpasses, interchanges, entrance plazas, approaches, toll houses, service stations, and administration, storage and other buildings and facilities which the authority may deem necessary for the operation of the project, together with all property, rights, easements, and interests which may be acquired by the authority for the construction or the operation of the project.

(c) The word "cost" as applied to the turnpike project shall embrace the cost of construction, the cost of the acquisition of all land, rights-of-way, property, rights, easements and interests acquired by the authority for such construction, and the cost of demolishing or removing any buildings or structures on land so acquired, including the cost of acquiring any lands to which such buildings or structures may be moved, the cost of all machinery and equipment, financing charges, interest prior to and during construction, and, if deemed advisable by the authority, for a period of not exceeding two (2) years after completion of construction, the funding of a debt service reserve, cost of traffic estimates and of engineering and legal services, plans, specifications, surveys, estimates of costs and of revenues, other expenses necessary or incident to determining the feasibility or practicability of constructing the project, administrative expense, and such other expenses as may be necessary or incident to the construction of the project, the financing of such construction and the placing of the project in operation. The word "cost" may also include not in excess of forty thousand dollars ($40,000) to be used by the authority for paying fees and expenses of engineers for making traffic studies, surveys and estimates of cost and of revenues, legal fees and expenses and other expenses necessary or incident to determining the feasibility or practicability of constructing the project: Provided, That in the event revenue bonds are issued as provided for in this act all or any part of such forty thousand dollars ($40,000) shall be reimbursed to the state highway fund for any expenses paid from said fund for the purposes specified in K.S.A. 68-2067. Any obligation or expense hereafter incurred by the secretary of transportation with the approval of the authority for traffic surveys, borings, preparation of plans and specifications, and other engineering services in connection with the construction of the project shall be regarded as a part of the cost of the project and shall be reimbursed to the secretary out of the proceeds of the turnpike revenue bonds hereinafter authorized.

(d) The words "public highways" shall include all public highways, roads and streets in the state, whether maintained by the state or by any county, city, township or other political subdivision.

(e) The word "bonds" or the words "turnpike revenue bonds" shall mean the revenue bonds of the authority authorized under the provisions of this act.

(f) The word "owner" shall include all individuals, co-partnerships, associations or corporations having any title or interest in any property, rights, easements or interests authorized to be acquired by this act.

History: L. 1967, ch. 356, § 1; L. 1975, ch. 427, §186; Aug. 15.

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2020. Powered by KLISS. Rendered: 2020-07-02T01:36:38. Head Rev No: 345400