Texas Transportation Code
§ 366.302 — AGREEMENTS TO CONSTRUCT, MAINTAIN, AND OPERATE TURNPIKE PROJECTS
TN § 366.302Title 6. ROADWAYS · Part G. TURNPIKES AND TOLL PROJECTS · Ch. 366. REGIONAL TOLLWAY AUTHORITIES · Art. G. AID FOR REGIONAL TURNPIKE PROJECTS
Statute text
View on source(a)An authority may enter into an agreement with a public or private entity, including a toll road corporation, the United States, a state of the United States, the United Mexican States, a state of the United Mexican States, a local governmental entity, or another political subdivision, to permit the entity, jointly with the authority, to study the feasibility of a turnpike project or system or to acquire, design, finance, construct, maintain, repair, operate, extend, or expand a turnpike project or system.
(b)An authority has broad discretion to negotiate provisions in a development agreement with a private entity. The provisions may include provisions relating to:
(1)the design, financing, construction, maintenance, and operation of a turnpike project or system in accordance with standards adopted by the authority; and
(2)professional and consulting services to be rendered under standards adopted by the authority in connection with a turnpike project or system.
(c)An authority may not incur a financial obligation on behalf of, or otherwise guarantee the obligations of, a private entity that constructs, maintains, or operates a turnpike project or system.
(d)An authority or a county in an authority is not liable for any financial or other obligation of a turnpike project solely because a private entity constructs, finances, or operates any part of a turnpike project or system.
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Legislative history
Acts 2005, 79th Leg., Ch. 281 (H.B. 2702), Sec. 2.67, eff. June 14, 2005.