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§ 371.003 — 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 371 - Comprehensive Development Agreements for Highway Toll Projectssub/
  8. Subchapter A - General Provisions/
  9. § 371.003
Texas Legal Code

§ 371.003

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Any determination of value, including best value, under applicable federal or state law for a comprehensive development agreement or other public-private partnership arrangement involving a toll project must take into consideration any factors the toll project entity determines appropriate, including factors related to:(1) oversight of the toll project;(2) maintenance and operations costs of the toll project;(3) the structure and rates of tolls;(4) economic development impacts of the toll project; and(5) social and environmental benefits and impacts of the toll project. Added by Acts 2011, 82nd Leg., R.S., Ch. 1196 (S.B. 19), Sec. 9, eff. June 17, 2011.