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Texas Transportation Code - TRANSP § 228.0031. Agreements with Local Governments

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) In this section, “local government” means a:

(1) county, municipality, special district, or other political subdivision of this state;

(2) local government corporation created under Subchapter D, Chapter 431;  1or

(3) combination of two or more entities described by Subdivision (1) or (2).

(b) A local government may enter into an agreement with the department or a private entity under which the local government assists in the financing of the construction, maintenance, and operation of a turnpike project located in the government's jurisdiction in return for a percentage of the revenue from the project.

(c) A local government may use any revenue available for road purposes, including bond and tax proceeds, to provide financing under Subsection (b).

(d) An agreement under this section between a local government and a private entity must be approved by the department.

(e) Revenue received by a local government under an agreement under this section must be used for transportation purposes.

1 V.T.C.A., Transportation Code § 431.101 et seq.
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Cite this article: FindLaw.com - Texas Transportation Code - TRANSP § 228.0031. Agreements with Local Governments - last updated January 01, 2024 | https://codes.findlaw.com/tx/transportation-code/transp-sect-228-0031/

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