Authorizes the city of Chester, Illinois, to reconstruct, repair, or improve an existing toll bridge across the Mississippi River at or near such city. Authorizes the city to refund the outstanding bonds of an issue of revenue bonds previously issued for such reconstruction and to acquire property as necessary. Authorizes the city to charge tolls for transit over such bridge, for a period not to exceed 30 years, to: (1) provide a fund sufficient to pay the cost of maintaining, repairing, and operating such bridge; and (2) provide a sinking fund sufficient to amortize the cost of such bridge, the cost of refunding outstanding bonds, and financing costs.
Introduced in House
Introduced in House
Referred to House Committee on Public Works and Transportation.
Executive Comment Requested from DOT, OMB.
Referred to Subcommittee on Water Resources.
Executive Comment Received From DOT.
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