§ 24-12-5 Power to construct, reconstruct,
renovate, acquire, maintain, repair, operate or manage projects or additional
facilities and to issue bonds. –
In order to facilitate vehicular traffic, remove many of the present handicaps
and hazards on the congested highways in the state, alleviate the barriers
caused by large bodies of water, and promote the agricultural and industrial
development of the state, the Rhode Island turnpike and bridge authority is
hereby authorized and empowered: to construct the Newport Bridge, the turnpike,
any portion thereof or any additional facility hereafter authorized to be
constructed; to acquire the Mount Hope Bridge and any additional facility
hereafter authorized to be acquired (except the Sakonnet River Bridge); to
maintain, construct, reconstruct, renovate, acquire, repair, operate or manage
any project or projects; and to issue bonds of the authority as provided in
this chapter to finance any project or projects; provided, however, that the
Mount Hope Bridge shall only be acquired as provided for by § 24-12-40A.
(P.L. 1954, ch. 3390, § 3; G.L. 1956, § 24-12-5; P.L. 1960, ch. 219,
§§ 1, 6; P.L. 1963, ch. 165, § 6; P.L. 1989, ch. 542, § 71;
P.L. 1997, ch. 30, art. 36, § 1.)