Section 30684 Of Article 3. San Pedro-terminal Island Bridge From California Streets And Highways Code >> Division 17. >> Chapter 2. >> Article 3.
30684
. After all bonds issued for the construction of the toll
bridge and all bonds issued for refunding of the bonds and for
additions, betterments, and extensions to the toll bridge, including
new and additional approaches thereto, have been fully redeemed and
paid, the commission shall continue to collect tolls and other
revenues for the use of the toll bridge for the purpose of repaying
the respective accounts from which money has been transferred
pursuant to Section 30682. The amount so repaid to any such account
shall be returned to the particular portion of the account from which
it was transferred and shall be apportioned or allocated from the
account and expended as if the transfer had not been made.
Upon repayment of all the accounts, the bridge shall thereafter be
maintained and operated free of tolls or the rate of tolls shall
thereafter be so adjusted as to provide a fund of not to exceed the
amount necessary for the proper operation, maintenance, and insurance
of the toll bridge under economical management.