68-20,120. Secretary of transportation, feasibility of new toll projects; factors to be considered; funding; construction of toll project or turnpike project. In addition to other powers and duties granted to the secretary of transportation:
(a) (1) The secretary of transportation may study the feasibility of constructing a new toll project or turnpike project or designating existing highways or any portion of such highways as a toll project or turnpike project.
(2) The study of the feasibility of such toll project or turnpike project shall include, but not be limited to:
(A) The total cost of such project;
(B) a determination of the funding of such projects, including the use of one or a combination of public funds, private funds or toll revenues;
(C) a determination of the duration of the collection of tolls on such projects and if such projects are to become toll-free, a projected date when such projects would become toll-free; and
(D) such other data deemed necessary by the secretary for a determination of the project's feasibility.
(b) After conducting the feasibility study under subsection (a) and if such feasibility study provides a favorable result, the secretary of transportation may recommend the construction of a new toll project or turnpike project or the designation of an existing highway or any portion of such highway as a toll project or turnpike project.
History: L. 1996, ch. 192, § 1; L. 2010, ch. 156, § 22; June 3.
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