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Texas Special District Local Laws Code - SDLL § 8200.053. Reimbursement for Road Project

Current as of April 14, 2021 | Updated by FindLaw Staff

(a) The district may:

(1) reimburse a private person for money spent to construct a road or road facility that is dedicated or otherwise transferred to public use;  or

(2) purchase a road or road facility constructed by a private person.

(b) The amount paid for the reimbursement or for the purchase of a road or road facility under Subsection (a) may:

(1) include all construction costs, including engineering, legal, financing, and other expenses incident to the construction;  or

(2) be at a price not to exceed the replacement cost of the road or road facility as determined by the board.

(c) The reimbursement or purchase of a road or road facility may be paid for with proceeds from the sale of the district's bonds or from any other money available to the district.

(d) The district may enter into an agreement to use the proceeds of a subsequent bond sale to reimburse a private person under this section.  The agreement may provide the terms under which the road or road facility is to be dedicated or transferred for the benefit of the public.

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Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 8200.053. Reimbursement for Road Project - last updated April 14, 2021 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-8200-053.html

Read this complete Texas Special District Local Laws Code - SDLL § 8200.053. Reimbursement for Road Project on Westlaw

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

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