§ 33.1-299. General grant of powers
The Board is hereby authorized and empowered:
(a) To construct, maintain, repair and operate turnpike projects at such locations within the Commonwealth as may be determined by the Board and approved by the Governor; provided, however, the Board shall have no power to fix, charge or collect tolls for transit over any existing free public highway;
(a1) To designate any project constructed under the provisions of this article as a portion of one of the systems of state highways and to assign an appropriate number therefor;
(b) To issue turnpike revenue bonds of the Commonwealth payable solely from the toll and revenues pledged for their payment, including any other funds made available to the Board for the purpose of paying the cost of any turnpike project, all as provided in this article;
(c) To fix and revise from time to time and charge and collect tolls for transit over each turnpike project constructed by it;
(d) To establish rules and regulations for the use of any such turnpike project;
(e) To acquire, hold and dispose of real and personal property in the exercise of its powers and the performance of its duties under this article;
(f) To designate the locations, and establish, limit and control such points of ingress to and egress from each turnpike project as may be necessary or desirable in the judgment of the Board to insure the proper operation and maintenance of such project, and to prohibit entrance to such project from any point or points not so designated;
(g) To make and enter into all contracts and agreements necessary or incidental to the performance of its duties and the execution of its powers under this article;
(h) To employ, in its own discretion and without further approval, consulting engineers, attorneys, accountants, construction and financial experts, superintendents, managers, and such other employees and agents as may be necessary in its judgment, and to fix their compensation;
(i) To receive and accept from any federal agency grants for or in aid of the construction of any turnpike project, and to receive and accept aid or contributions from any source of either money, property, labor or other things of value, to be held, used and applied only for the purposes for which such grants and contributions may be made; and
(j) To do all acts and things necessary or convenient to carry out the powers expressly granted in this article.
(Code 1950, § 33-255.4; 1952, c. 223; 1954, c. 520; 1962, c. 552; 1970, c. 322.)
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