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40-17-359
Section 40-17-359 Distribution and use of proceeds. (a) For the purpose of this section, the
following terms shall have the meanings ascribed below: (1) BASE ANNUAL COUNTY DISTRIBUTION.
Five hundred fifty thousand dollars ($550,000). (2) COST OF COLLECTION. The amounts from the
proceeds of the highway gasoline tax that may be appropriated by the Legislature to the department
for its operating expenses. (3) COUNTY. Each county in the state. (4) FISCAL YEAR. The fiscal
year of the state. (5) DEPARTMENT OF TRANSPORTATION. The Department of Transportation of the
state. (6) HIGHWAY GASOLINE TAX. Both of the following: a. The excise tax levied under subdivision
(1) of subsection (a) of Section 40-17-325, with the exception of those portions of the tax
levied on aviation fuel and marine gasoline. b. The excise tax levied by Sections 40-17-140
to 40-17-155, inclusive, except that portion of the tax imposed on diesel fuel. (7) LOCAL
SUBDIVISIONS' SHARES OF THE NET TAX PROCEEDS. The 55 percent...
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23-2-156
Section 23-2-156 Rules and regulations governing use of toll roads, etc.; violations; penalties;
law enforcement. (a) The authority is hereby authorized to promulgate reasonable rules and
regulations with respect to the use of any toll road, bridge, or tunnel project. The rules
and regulations shall relate to vehicular speeds, loads, weights and sizes, safety devices,
rules of the road, and any other matters as may be necessary and proper to regulate traffic
in the interest of safety and the maximum convenience of the persons using the project. The
rules and regulations shall apply according to their terms to all sections of any toll road,
bridge, or tunnel project under the jurisdiction of the authority, and to its structures and
other appurtenances. Insofar as the rules and regulations may be inconsistent with the rules
and regulations of the department or with the laws of the state relating to offenses with
respect to highways, the rules and regulations promulgated by the authority...
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23-2-161
Section 23-2-161 Study of proposed projects; reimbursement of funds; indebtedness. The department
is hereby authorized, subject to the approval of the Governor, to expend funds from any available
source as may be necessary for the study of any proposed toll road, bridge, or tunnel project
authorized under this article and to use its engineering and other forces, including consulting
engineers and traffic engineers, for the purpose of effecting the study. All expenses incurred
by the department prior to the issuance of revenue bonds under the provisions of this article
shall be paid by the department and charged to the appropriate project or projects and the
department shall keep proper records and accounts showing each amount so charged. Upon the
sale of toll road, bridge, or tunnel revenue bonds for a toll road, bridge, or tunnel project,
the funds so expended by the department in connection with a project shall be reimbursed by
the authority to the department from the proceeds of...
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23-2-148
Section 23-2-148 Refunding bonds; purposes. The authority may provide by resolution for the
issuance of refunding bonds for the purpose of refunding any bonds then outstanding which
shall have been issued under the provisions of this article, including the payment of any
redemption premium thereon and any interest accrued or to accrue to the date of redemption
of such bonds, and, if deemed advisable by the authority, for the additional purpose of constructing
improvements, extensions or enlargements of the toll road, bridge or tunnel project or projects
in connection with which the bonds to be refunded shall have been issued. The authority is
further authorized to provide by resolution for the issuance of its bonds for the combined
purpose of: (1) Refunding any bonds then outstanding which shall have been issued under the
provisions of this article, including the payment of any redemption premium thereof and any
interest accrued or to accrue to the date of redemption of such bonds; and...
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23-2-147
Section 23-2-147 Bonds; issuance; forms; procedures, etc. (a) The authority is hereby authorized
to provide by resolution for the issuance of bonds of the authority for any of its corporate
purposes, including the refunding of its bonds. The principal of and the interest on any issue
of such bonds shall be payable solely from, and be secured by a pledge of, tolls and other
revenues of all or any part of the toll road, bridge, or tunnel project financed in whole
or in part with the proceeds of such issue or with the proceeds of bonds refunded or to be
refunded by such issue. The proceeds of any such bonds may be used or pledged for the payment
or security of the principal or of the interest on bonds, and for the establishment of any
or all reserves for such payment or security, or for other corporate purposes as the authority
may authorize in the resolution authorizing the issuance of bonds or in the trust agreement
securing the same. (b) The bonds of each issue shall be dated; shall...
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23-1-432
Section 23-1-432 (This section terminates April 26, 2018, if no revenue is created.) Use of
funds by department; reporting requirements. (a) The monies allocated to the department from
the fund shall at all times be segregated and kept separate from other federal or state road
and bridge funds allocated to the department. Monies from the fund shall only be expended
for the maintenance, improvement, replacement, and construction of roads and bridges within
the state, including the payment of any debt associated with a road or bridge project or as
matching funds for any federally-funded road or bridge projects. The department shall not
use monies from the fund for any of the following purposes except in accordance with generally
accepted accounting principles for job cost accounting or federal cost allocation regulations:
(1) Salaries, benefits, or any other form of compensation for state or contract employees.
(2) The purchase, lease, or maintenance of equipment. (3) The maintenance or...
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23-8-8
Section 23-8-8 Deposit and use of funds; audit; annual plan. (a) The monies paid to counties
or municipalities pursuant to Section 40-17-371 shall be deposited into a separate fund maintained
by the county or municipality and expended only for one or more of the following: (1) The
maintenance, improvement, replacement, and construction of roads and bridges maintained by
a qualified county. (2) The maintenance, improvement, replacement, and construction of roads
and bridges maintained by a qualified municipality. (3) As matching funds for federal road
or bridge projects. (4) The payment of any debt associated with a road or bridge project.
(5) For a joint road or bridge project with one or more adjoining counties pursuant to any
agreement executed under the authority of state law. (6) For a joint road or bridge project
with one or more municipalities pursuant to any agreement executed under the authority of
state law. (7) For a joint road or bridge project with one or more counties and...
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23-1-9
Section 23-1-9 Elimination of railroad grade crossings. Whenever the funds of the state are
being expended for the construction, maintenance, or repair of a public highway, the State
Department of Transportation shall have the power and authority to compel all railways operating
in this state to construct viaducts, tunnels, underpasses, or bridges to the full extent of
the width of the right-of-way and over the tracks as owned or operated by any railway when,
in the judgment of the State Department of Transportation, such viaducts, tunnels, underpasses,
or bridges are necessary for the safety of the general public and whereby a dangerous grade
crossing is eliminated. The State Department of Transportation may appropriate out of the
funds credited to the State Department of Transportation for the construction and maintenance
of highways an amount not to exceed 50 percent of the cost to construct said viaducts, tunnels,
underpasses, or bridges to the full extent of the width of the...
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23-1-313
Section 23-1-313 Bonds and notes - Disposition of proceeds from sale. The authority shall pay
out of the proceeds from the sale of the obligations authorized by this article all expenses
that the board of directors may deem necessary and advantageous in connection with the sale
and issuance thereof. The proceeds from the issue of any obligations authorized by this article,
(i) except the proceeds of bonds which were issued to pay principal and interest of temporary
bonds or notes and in anticipation of which such temporary bonds or notes shall have been
issued, and (ii) except the proceeds of refunding bonds issued to refund any outstanding obligation,
remaining after paying the expenses of their sale and issuance, shall be deposited in the
State Treasury, shall be credited to the Road and Bridge Fund and shall be subject to be withdrawn
by the authority, upon the approval of the State Department of Transportation and the Governor,
but only for the purpose of paying the federal share...
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16-18A-2
Section 16-18A-2 Definitions. As used in this chapter, the following words and terms shall
have the following meanings unless the context clearly indicates otherwise: (1) AUTHORITY.
The Private Colleges and Universities Facilities Authority created by this chapter and any
successor or successors thereto. Any change in name or composition of the authority shall
in no way affect the vested rights of any person under the provisions of this chapter. (2)
PROJECT. A structure or structures available for use as a dormitory or other student housing
facility, a dining hall, student union, administration building, academic building, library,
laboratory, research facility, classroom, athletic facility, health care facility, maintenance,
storage or utility facility and other structures or facilities related thereto or required
or useful for the instruction of students or the conducting of research or the operation of
an institution of higher education, whether proposed, under construction or...
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