Section 228.013 - Determination of Financial Terms for Certain Toll Projects(a) This section applies only to a proposed department toll project in which a private entity has a financial interest in the project's performance and for which: (1) funds dedicated to or controlled by a region will be used;(2) right-of-way is provided by a municipality or county; or(3) revenues dedicated to or controlled by a municipality or county will be used.(b) The distribution of a project's financial risk, the method of financing for a project, and the tolling structure and methodology must be determined by a committee consisting of the following members:(1) a representative of the department;(2) a representative of any local toll project entity, as defined by Section 371.001, for the area in which the project is located;(3) a representative of the applicable metropolitan planning organization; and(4) a representative of each municipality or county that has provided revenue or right-of-way as described by Subsection (a).Tex. Transp. Code § 228.013
Added by Acts 2011, 82nd Leg., R.S., Ch. 1345 (S.B. 1420), Sec. 36, eff. September 1, 2011.