Sec. 223.202. LIMITATION ON DEPARTMENT FINANCIAL PARTICIPATION. The amount of money disbursed by the department from the state highway fund and the Texas mobility fund during a federal fiscal year to pay the costs under comprehensive development agreements may not exceed 40 percent of the obligation authority under the federal-aid highway program that is distributed to this state for that fiscal year.
Added by Acts 2005, 79th Leg., Ch. 281 (H.B. 2702), Sec. 2.21, eff. June 14, 2005.
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