Sec. 223.2012. NORTH TARRANT EXPRESS PROJECT PROVISIONS. (a) In this section, the North Tarrant Express project is the project described by Section 223.201(f)(3) entered into on June 23, 2009.
(b) The comprehensive development agreement for the North Tarrant Express project may provide for negotiating and entering into facility agreements for future phases or segments of the project at the times that the department considers advantageous to the department.
(c) The department is not required to use any further competitive procurement process to enter into one or more related facility agreements with the developer or an entity controlled by, to be controlled by, or to be under common control with the developer under the comprehensive development agreement for the North Tarrant Express project.
(d) A facility agreement for the North Tarrant Express project must terminate on or before June 22, 2061. A facility agreement may not be extended or renewed beyond that date.
(e) The department may include or negotiate any matter in a comprehensive development agreement for the North Tarrant Express project that the department considers advantageous to the department.
(f) The comprehensive development agreement for the North Tarrant Express project may provide the developer or an entity controlled by, to be controlled by, or to be under common control with the developer with a right of first negotiation under which the developer may elect to negotiate with the department and enter into one or more related facility agreements for future phases or segments of the project.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1345 (S.B. 1420), Sec. 32, eff. June 17, 2011.
Structure Texas Statutes
Subtitle B - State Highway System
Chapter 223 - Bids and Contracts for Highway Projects
Subchapter E. Comprehensive Development Agreements
Section 223.2011. Limited Authority for Certain Projects Using Comprehensive Development Agreements
Section 223.2012. North Tarrant Express Project Provisions
Section 223.2013. No Effect on Department Obligations
Section 223.202. Limitation on Department Financial Participation
Section 223.203. Process for Entering Into Comprehensive Development Agreements
Section 223.204. Confidentiality of Information
Section 223.205. Performance and Payment Security
Section 223.206. Ownership of Highway
Section 223.207. Liability for Private Obligations
Section 223.208. Terms of Private Participation
Section 223.209. Rules, Procedures, and Guidelines Governing Selection and Negotiating Process