Sec. 284.063. CONTRACT FOR PROJECT CONSTRUCTION. (a) A county may enter into an agreement with a political subdivision or agency of this state to construct, acquire, improve, operate, and maintain a project under this chapter. The agreement may provide for title to the project to be in one party to the agreement or for joint ownership of the project.
(b) A county entering into an agreement under this section may issue bonds as provided by this chapter to pay all or a part of the cost of a project.
(c) An agreement entered into under this section, in addition to other terms, may:
(1) extend for any agreed period; and
(2) provide that the agreement continues in effect until bonds specified in the agreement and refunding bonds issued in lieu of those bonds are paid.
(d) A payment made under the agreement is an operating and maintenance expense of the project if the agreement so provides. Revenues derived from the operation of the project may be pledged to pay operating and maintenance expenses.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Subtitle D - Road Laws Relating to Particular Counties
Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties
Subchapter C. Construction and Operation
Section 284.061. Acquisition of Property
Section 284.0615. Declaration of Taking by Certain Counties
Section 284.063. Contract for Project Construction
Section 284.064. Contract to Operate
Section 284.065. Pooled Projects
Section 284.066. Operating Board
Section 284.0665. Compensation of Operating Board Members
Section 284.067. Projects Extending Into Other Counties
Section 284.068. Reconstruction of Closed or Relocated Nontoll Roads, Streets, or Highways
Section 284.069. Tolls and Charges
Section 284.070. Nonpayment of Toll; Offense
Section 284.0701. Administrative Costs; Notice; Offense
Section 284.0702. Prima Facie Evidence; Defense
Section 284.0703. Method of Sending Invoice or Notice
Section 284.071. Controlled Access to Toll Road
Section 284.072. Promotion of Toll Roads