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 · 2026-09 edition · updated 2026-10-03 · 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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