Texas Transportation Code

§ 284.064 — CONTRACT TO OPERATE

TN § 284.064Title 6. ROADWAYS · Part D. ROAD LAWS RELATING TO PARTICULAR COUNTIES · Ch. 284. CAUSEWAYS, BRIDGES, TUNNELS, TURNPIKES, FERRIES, AND HIGHWAYS IN CERTAIN COUNTIES · Art. C. CONSTRUCTION AND OPERATION

Statute text

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(a)A county may contract with another person for the person to operate all or part of a project under this chapter to the extent prescribed by the bond instrument.

(b)A contract made under this section must be for a specified period that does not extend beyond the date of maturity of the last maturing bond.

(c)A contract made under this section may not interfere with the right of a bondholder to require proper operation and maintenance of the facilities and the payments for the benefit of the bond as prescribed in the bond instrument.

(d)If a county enters into an agreement with a person that includes the collection by the person of tolls for the use of a project, the person shall submit to the county for approval:

(1)the methodology for:

(A)the setting of tolls; and

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Legislative history

Acts 2005, 79th Leg., Ch. 281 (H.B. 2702), Sec. 2.54, eff. June 14, 2005.