Sec. 370.317. AGREEMENTS WITH LOCAL GOVERNMENTS. (a) In this section, "local government" means a:
(1) county, municipality, special district, or other political subdivision of this state;
(2) local government corporation created under Subchapter D, Chapter 431; or
(3) combination of two or more entities described by Subdivision (1) or (2).
(b) A local government may enter into an agreement with an authority or a private entity under which the local government assists in the financing of the construction, maintenance, and operation of a turnpike project located in the government's jurisdiction in return for a percentage of the revenue from the project.
(c) A local government may use any revenue available for road purposes, including bond and tax proceeds, to provide financing under Subsection (b).
(d) Repealed by Acts 2011, 82nd Leg., R.S., Ch. 1279, Sec. 17, eff. June 17, 2011.
(e) Revenue received by a local government under an agreement under this section must be used for transportation purposes.
Added by Acts 2005, 79th Leg., Ch. 1297 (H.B. 2650), Sec. 2, eff. September 1, 2005.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 1279 (H.B. 1112), Sec. 17, eff. June 17, 2011.
Structure Texas Statutes
Subtitle G - Turnpikes and Toll Projects
Chapter 370 - Regional Mobility Authorities
Subchapter G. Participation in Financing, Construction, and Operation of Transportation Projects
Section 370.301. Department Contributions to Turnpike Projects
Section 370.302. Agreements to Construct, Maintain, and Operate Transportation Projects
Section 370.303. Agreements Between Authority and Governmental Entities
Section 370.304. Additional Agreements of Authority
Section 370.305. Comprehensive Development Agreements
Section 370.306. Process for Entering Into Comprehensive Development Agreements
Section 370.307. Confidentiality of Negotiations for Comprehensive Development Agreements
Section 370.308. Performance and Payment Security
Section 370.309. Ownership of Transportation Projects
Section 370.310. Liability for Private Obligations
Section 370.311. Terms of Private Participation
Section 370.312. Rules, Procedures, and Guidelines Governing Negotiating Process
Section 370.313. Participation on Certain Other Boards, Commissions, or Public Bodies