Page:United States Statutes at Large Volume 105 Part 3.djvu/127

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PUBLIC LAW 102-240—DEC. 18, 1991 105 STAT. 2011 (ee) GowANUS EXPRESSWAY CORRIDOR IMPROVEMENTS.—T here is authorized to be appropriated $200,000,000 to carry out improvements to the Gowanus Expressway Corridor in Brooklyn, New York. (ff) 1-287 CROSS WESTCHESTER EXPRESSWAY HIGH OCCUPANCY VE- HICLE LANE PROJECT. —There is authorized to be appropriated $200,000,000 to construct High Occupancy Vehicle Lanes on the Cross Westchester Expressway in Westchester County, New York. (gg) OAK POINT LINK FREIGHT ACCESS PROJECT.—There is authorized to be appropriated $150,000,000 to complete the construction of the Oak Point Link in the Harlem River in New York City, New York. (hh) OPERATIONAL IMPROVEMENTS, FRANKLIN DELANO ROOSEVELT DRIVE. —There is authorized to be appropriated $50,000,000 to carry out operational and safety improvements to the Franklin Delano Roosevelt Drive in New York City, New York. SEC. 1070. MODIFICATIONS OF NIAGARA FALLS BRIDGE COMMISSION CHARTER. (a) PAYMENT OP COSTS.— (1) IN GENERAL.— Section 4 of the joint resolution entitled "Joint resolution creating the Niagara Falls Bridge Commission and authorizing said Commission and its successors to construct, maintain, and operate a bridge across the Niagara River at or near the city of Niagara Falls, New York", approved June 16, 1938, as amended (hereinafter in this section referred to as the "Joint Resolution"), is amended to read as follows: 52 Stat. 768. "SEC. 4. The Commission is authorized to issue its obligations to provide funds for the acquisition or construction of bridges (provided the same is authorized by Act or Joint Resolution of Congress of the United States), and the repair, renovation and expansion of the same, working capital and other expenditures and deposits convenient to carrying out the Commission's purposes. The terms of the obligations shall be determined by resolution of the Commission (subject to such agreements with bondholders as may then exist), including provisions regarding rates of interest (either fixed or variable), contracts for credit support, risk management, liquidity or other financial arrangements, security or provision for payment of the obligations and such contracts (including the general obligation of the Commission and the pledge of all or any particular revenues or proceeds of obligations of the Commission). The obligations shall be sold at public or private sale at such prices above or below par as the Commission shall determine. As used herein 'bridges' includes approaches thereto, land, easements and functionally related appurtenances.". (2) EXISTING CONTRACTUAL RIGHTS.— The amendments made by paragraph (1) shall be subject to the contractual rights of the holders of any of the bonds of the Niagara Falls Bridge Commission which are outstanding as of the date of the enactment of this section. (b) REPAYMENTS.— Section 5 of the Joint Resolution is amended— 52 Stat. 769. (1) in the first sentence— (A) by striking "a fund" and "a sinking fund" each place such terms appear and inserting "funds", (B) by striking "herein provided" and inserting "provided by resolution", (C) by striking "bonds" and inserting "obligations,", and