Sec. 373.006. TOLL PROJECT AGREEMENT. (a) Before initiating the primacy determination process under Subchapter B for a toll project, the department and the local toll project entity may enter into a toll project agreement that:
(1) identifies the responsibilities of each party for project-related activities, which may include the performance of environmental work and traffic and revenue studies; and
(2) includes an agreement that the primacy determination process under Subchapter B may be initiated earlier than as provided by Section 373.051.
(b) A toll project agreement may provide an alternative to the primacy determination process under Subchapter B for toll project development, including an alternative timeline for the development of toll project phases.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1196 (S.B. 19), Sec. 1, eff. June 17, 2011.
Structure Texas Statutes
Subtitle G - Turnpikes and Toll Projects
Chapter 373 - Toll Projects Located in Territory of Local Toll Project Entity
Subchapter A. General Provisions
Section 373.002. Applicability
Section 373.003. Project Owned in Perpetuity
Section 373.004. Governmental and Not Commercial Transactions
Section 373.005. Legal Challenges Concluded
Section 373.006. Toll Project Agreement
Section 373.007. Exercise of Primacy for Toll Project Phases