An Act to authorize the Burt County Bridge Commission, a public body politic and corporate in the county of Burt and State of Nebraska, to refund the outstanding revenue bonds of said Burt County Bridge Commission heretofore issued to finance the cost of the construction of a bridge, together with the necessary approaches and appurtenances therefore, from a point located in the city of Decatur, Burt County, Nebr., across the Missouri River to a point located in Monona County, Iowa
PL 89-328 (H.R.5026), enacted 11/07/1965

1218 
PUBLIC LAW 89-328-NOV. 7, 1965 
[79 STAT. 
November 7^ 1965 
[H. R. 5026] 
Public Law 89-328 
AN ACT 
To authorize the Burt County Bridge Commission, a public body politic and 
corporate in the county of Burt and State of Nebraska, to refund the out-
standing revenue bonds of said Burt County Bridge Commission heretofore 
issued to finance the cost of the construction of a bridge, together with, the 
necessary approaches and appurtenances therefor, from a point located in the 
city of Decatur, Burt County, Nebraska, across the Missouri River to a point 
located in Monona County, Iowa. 
Burt County 
Bridge Commis-
sion, Nebr. 
Refund of rev-
enue bonds, au-
thorization. 
Tolls, operation, 
and maintenance. 
Records. 
Audit report. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America 
in Congress assembled^ That the Burt 
County Bridge Commission, a public body politic and corporate in the 
county of Burt and State of Nebraska, be, and is hereby, authorized 
to refund the outstanding revenue bonds of said Burt County Bridge 
Commission heretofore issued to finance the cost of the construction 
of a bridge, together with the necessary approaches and appurtenances 
therefor, from a point located in the city of Decatur, Burt County, 
Nebraska, across the Missouri River to a point located in Monona 
County, Iowa. 
SEC. 2. There is hereby conferred upon said Burt County Bridge 
Commission, all such authority, rights, and powers as are necessary or 
required to enable said Burt County Bridge Commission to issue its 
refunding revenue obligations for the purpose of refunding and 
refinancing said outstanding revenue bonds, including the payment of 
reasonable financing costs and expenses in connection with such refund-
ing and refinancing. 
Said obligations are, in order of priority, as 
follows: 2,000 series A bonds of par value of $500 each, total value of 
$1,000,000, bearing interest at 4 per centum per annum, due August 1, 
1985, and redeemable at 100 per centum of par value and accrued 
interest on any interest payment date; 2,000 non-interest-bearing notes 
in the amount of $375 each, total value of $750,000 due not later than 
August 1, 2004; and 2,000 series B bonds of par value of $500 each, 
total value of $1,000,000, bearing no interest, and principal due not 
later than August 1, 2004. 
SEC. 3. In fixing the rates of tolls to be charged for the use of such 
bridge, the same shall be so adjusted as to provide a fund sufficient to 
pay for the reasonable cost of maintaining, repairing, and operating 
said bridge and its approaches, under economical management, and 
to provide a sinking fund sufficient to amortize said refunding revenue 
obligations. 
After a sinking fund sufficient for such amortization 
shall have been so provided, but in any event not later than August 1, 
2004, such bridge shall thereafter be maintained and operated free of 
tolls. An accurate record of the cost of such refunding and refinanc-
ing, the cost of maintaining, repairing, and operating said bridge and 
of the daily tolls collected, shall be kept and shall be available for the 
information of all persons interested. The Commission shall provide 
the Secretary of Commerce with a copy of its semiannual audit i-eport, 
which shall be subject to review by the Secretary, and who, if he deems 
necessary, may undertake on-site audits of the Conmiission's i-ecords 
at no expense to tlie Ownmission. 
Approved November 7, 1965.