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DIVISION 17. TOLL FACILITIES AND RELATED MATTERS 30000-31490›CHAPTER 5. El Dorado County Toll Tunnel Authority Act 31100-31246›ARTICLE 10. Operation and Maintenance After Retirement of Bonds 31245-31246

§ 31245

California Streets and Highways Code · 2020-11 edition · updated 2026-10-04 · California

After all bonds issued pursuant to this chapter for the construction of the toll tunnel have been fully redeemed and paid, the authority shall either:

(a) Transfer the toll tunnel to the state for operation and maintenance as a state highway by the department, either free of tolls or at the rates of tolls adjusted so as to provide a fund of not to exceed the amount necessary for the proper maintenance, repair, and operation of the toll tunnel under economical management; or

(b) Operate and maintain the toll tunnel itself, either free of tolls or at rates of toll adjusted so as to provide a fund of not to exceed the amount necessary for the proper maintenance, repair, and operation of the toll tunnel under economical management.

(Added by Stats. 1968, Ch. 923.)

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