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of the authority for the calendar year that begins after the | | adjournment of that regular session and shall present to each | | regular session of the Legislature for informational purposes a | | statement of the revenues necessary for capital expenditures and | | reserves and to meet the requirements of any resolution authorizing | | bonds of the authority during that calendar year, including debt | | service and the maintenance of reserves for debt service and | | reserve maintenance.__The authority may only pay operating expenses | | in accordance with allocations approved by the Legislature or as | | necessary to satisfy the requirements of any resolution authorizing | | bonds of the authority.__The operating surplus must be transferred | | to the department and expended in accordance with allocations | | approved by the Legislature. |
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| | | §1992.__Obligations of authority |
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| | | 1.__General. All expenses incurred in carrying out this | | chapter must be paid solely from funds provided under this | | chapter and liability or obligation may not be incurred under | | this chapter beyond the extent to which money has been provided | | under this chapter. |
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| | | 2.__Contracts for construction or reconstruction. All | | contracts and agreements relating to the construction or | | reconstruction of the East-West Highway and the construction or | | reconstruction of connecting tunnels and bridges, overpasses, | | underpasses, interchanges and toll facilities must be approved by | | the department and the East-West Highway and connecting tunnels | | and bridges, overpasses, underpasses, interchanges and barriers | | must be constructed or reconstructed under the supervision of the | | department. |
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| | | Contractors and subcontractors on all authority construction and | | reconstruction projects must be equal opportunity employers and, | | in connection with contracts in excess of $250,000, also pursue | | in good faith affirmative action programs designed to remedy | | underrepresentation of minorities, women and persons with | | disabilities.__The authority may by rule provide for the | | enforcement of this requirement.__To the extent practical, the | | authority may use program and technical information developed by | | and available through the department to carry out this | | subsection. |
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| | | All authority construction and reconstruction projects are | | governed by the prevailing wage provisions in Title 26, chapter | | 15. |
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| | | 3.__Bonds not to be pledges of State. Highway revenue bonds | | issued under this chapter, including any notes or other evidences | | of indebtedness or obligations defined to be bonds under this | | chapter, are not a debt of the State or a pledge of the faith and |
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