Volume 173, Page 128 View pdf image (33K) |
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128 MARYLAND MANUAL
The Commission's fifty percent share of the Motor Vehicle Revenue Fund (registration fees) is dedicated for maintenance of the State Highway System. It is necessary, however, to transfer funds from those funds available for construction to supplement the Maintenance Fund. The 1967 General Assembly has authorized transfer not in ex- cess of $12,000,000. _ The Commission is also empowered to assist the several counties of the State in financing the construction, reconstruction and certain major repairs of county roads through the issuance by the Commis- sion of County Highway Construction Bonds (Code 1957, 1964 Repl. Vol., Art. 89B, sec. 211), secured by the pledge of certain of the State revenues allocated to the participating counties. Pursuant to the Act, the Commission is empowered to issue one series of its bonds in each year for a period of fourteen years, beginning July 1, 1954, on behalf of any of the several counties of the State, which indicate a desire to participate. The authority is granted subject to the limitation that at no time shall there be outstanding, under such authority, in excess of $50,000,000 face amount of bonds. Appropriations—1967 Special Funds (including Federal Aid): Sinking Fund Provision—State Highway Construction Bonds - - „ - „ $ 28,601,010 Construction of Primary and Secondary Highways— State System -- - -- 61,110,005 Maintenance of Highways—State System . 16,647,610 Enforcement of Motor Vehicle Weight-and-Size Limitations - - - _ . - 545,020 County and Municipality Funds „ - 57,496,857 Total - - $164,400,502 Appropriations—1968 Special Funds (including Federal Aid): Sinking Fund Provision—State Highway Construction Bonds - - - - - $ 31,815,293 Construction of Primary and Secondary Highways— State System -- - - ---. 73,733,660 Maintenance of Highways—State System - 18,130,326 Enforcement of Motor Vehicle Weight-and-Size Limitations - - 156,448 County and Municipality Funds - - . 49,914,230 Total -- --„ $173,749,957 Staff: 4,273. JOHN F. KENNEDY MEMORIAL HIGHWAY Thomas N. Kay, Administrator Joseph R. Hartman, Chief Maintenance Officer Administration Building (Perryville) 21903 Telephone: 575-6919 The State Roads Commission operates and maintains the John F. Kennedy Memorial Highway (formerly the Northeastern Express- way) which was constructed with revenue bond proceeds authorized by Chapter I, Act of the Special Session of 1956 (Code 1957, 1964 Repl. Vol., Art. 89B, sees. 141-162A). This toll road, which is a part of the Interstate Route 95, was opened to traffic on November 14, 1963. Its 42 miles extend from the |
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Volume 173, Page 128 View pdf image (33K) |
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