Kodiak National Turnpike Act (665): Difference between revisions
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Kodiak National Turnpike Act (665) (view source)
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=== Article 3 - Establishing KNTA Regulations and Restrictions ===
:3.1. A turnpike is defined as a toll road that is designed to take higher speeds of up to
:3.1.1. The KNTA may not operate on residential roads on or on roads with only two (2) lanes, one (1) lane in each direction with the exception of a toll bridge (see 3.2.1), or on existing roads that were constructed prior to passing of this bill.
:3.2. A Toll Bridge is a bridge that connects two (2) roads together over a gap or river.
:3.2.1. The KNTA may not operate existing bridges that are under
=== Article 4 - Governance ===
:4.1. The KNTA will be governed by the Turnpike Commission which is made up of
:4.2. The Turnpike Commission will vote with a majority vote on the toll rates for each road and adjust toll rates per inflation every two (2) years and also approve projects done by the KNTA.
=== Article 5 - KNTA Bonds ===
:5.1. The people of Kodiak will have the right to invest in KNTA bonds.
:5.2. The bonds can be bought with pension
:5.3. The Ministry of Transportation and the Turnpike Commission will be responsible for regulating bonds given to the KNTA.
''Proposed by
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