Sec. 21. (a) Whenever the authority shall construct or acquire a bridge under authority of section 2 of this chapter, and a substantial part of the cost of such construction or acquisition is contributed by:
(1) the government of the United States or any agency thereof;
(2) another state;
(3) any agency or authority existing under the laws of any other state; or
(4) any political or municipal subdivision thereof or any public corporation thereof;
then the authority is authorized to pay the share of the entire cost of such purchase or acquisition to be borne by it or by the state of Indiana from the Indiana interstate bridge fund. Any such bridge may be operated as a free bridge without the imposition of any tolls for the use thereof and no reimbursement need be made to the fund.
(b) The authority is authorized to enter into such contracts and agreements as it may deem necessary and proper in relation to the construction or acquisition of any such bridge with:
(1) the government of the United States or any agency thereof; or
(2) any other state, state agency or authority, or political or municipal subdivision or public corporation;
which shall so contribute to the cost of the construction or acquisition of any such bridge. Title to any such bridge shall be taken in the name of the state of Indiana and it shall be maintained by the authority.
Formerly: Acts 1939, c.79, s.13d; Acts 1947, c.340, s.4. As amended by Acts 1980, P.L.74, SEC.277; P.L.109-1983, SEC.48.
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