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§ 370.305 — Texas Law | CourtGPT
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  2. Laws/
  3. Texas/
  4. Transportation Code - Title 1 - General Provisions/
  5. Title 6 - Roadways/
  6. Subtitle G - Turnpikes and Toll Projects/
  7. Chapter 370 - Regional Mobility Authoritiessub/
  8. Subchapter G - Participation in Financing, Construction, and Operation of Transportation Projects/
  9. § 370.305
Texas Legal Code
(a) A comprehensive development agreement is an agreement with a private entity that, at a minimum, provides for the design and construction of a transportation project, that may provide for the financing, acquisition, maintenance, or operation of a transportation project, and that entitles the private entity to:(1) a leasehold interest in the transportation project; or(2) the right to operate or retain revenue from the operation of the transportation project.(b) An authority may negotiate provisions relating to professional and consulting services provided in connection with a comprehensive development agreement.(c) Except as provided by this chapter, an authority's authority to enter into a comprehensive development agreement expires on August 31, 2011. Added by Acts 2003, 78th Leg., ch. 1325, Sec. 2.01, eff. June 21, 2003.Amended by: Acts 2007, 80th Leg., R.S., Ch. 264 (S.B. 792), Sec. 4.02, eff. June 11, 2007.Acts 2011, 82nd Leg., R.S., Ch. 1345 (S.B. 1420), Sec. 37, eff. September 1, 2011.

§ 370.305

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