|
3340 ARTICLE 89B
or unless the interest rate of the revenue refunding bonds shall be at least
one-fourth of one per centum less than the interest rate borne by the
revenue bonds to be refunded.
1937, ch. 356, sec. 119.
137. (Bridge Supervisory Committee.) There is hereby created a
committee to be known as the "Bridge Supervisory Committee," consist-
ing of seven members. Richard F. Cleveland, Abel Wolman, Enos S.
Stockbridge, Albanus Phillips, S. Scott Beck, David J. Lewis and John
B. Gray, Jr., are hereby appointed members of said Committee to hold
office until the expiration of four years from June 1, 1937, and until their
successors are appointed and qualify. Upon the expiration of the terms of
such members, their successors shall be appointed by the Governor with
the approval of the Board of Public Works for the term of four years. Any
person appointed to fill a vacancy shall serve only for the unexpired term
and any member of the Committee shall be eligible for reappointment.
The Committee shall elect one of its members as Chairman and shall also
elect a Secretary who may or may not be a member of the Committee.
The Committee shall make necessary rules and regulations for its own
government. Each member of the Committee shall be reimbursed for
necessary expenses incurred in the performance of his duties. All such
expenses shall be paid by the State Roads Commission and charged to
the particular projects on account of which such services are performed
and such expenses incurred, and the State Roads Commission shall keep
proper records and accounts showing each amount so charged to each
project.
1937, ch. 356, sec. 120.
138. (Definitions.) As used in this sub-title, the following words and
terms shall have the following meanings:
(a) The word "Commission" shall mean the State Roads Commission,
or, if said Commission shall be abolished, any board, commission or officer
succeeding to. the principal functions thereof or upon whom the powers
given by this svib-title to said Commission shall be given by law.
(b) The word "owner" shall include all individuals, incorporated com-
panies, co-partnerships, societies or associations having any title or inter-
est in any property, rights, easements or franchises authorized to be
acquired by this sub-title.
(c) The word "bridge" or "tunnel" shall be deemed to include not only
the bridge or tunnel and the structures connected therewith and the ap-
proaches thereto, but also all property, rights, easements and franchises
relating thereto and deemed necessary or convenient for the construction
or the operation thereof, and may include elevated or depressed highways
connecting such bridge or tunnel with a state road.
(d) The word "project" shall include any bridge or tunnel, the con-
struction of which is authorized under the provisions of this sub-title.
(e) The term "cost of project," as applied to a bridge or to a tunnel,
shall embrace the cost of construction, the cost of all lands, properties,
rights, easements and franchises acquired, the cost of all machinery and
equipment, financing charges, interest prior to and during construction
and for one year after completion of construction, cost of traffic estimates
and of engineering and of legal expenses, plans, specifications, surveys,
|
 |