Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 43. TRANSPORTATION |
PART 1. TEXAS DEPARTMENT OF TRANSPORTATION |
CHAPTER 27. TOLL PROJECTS |
SUBCHAPTER E. FINANCIAL ASSISTANCE FOR TOLL FACILITIES |
SECTION 27.52. Available Financial Assistance
Latest version.
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(a) The commission may provide financial assistance under this subchapter for any combination of the following purposes relating to the development, acquisition, construction, maintenance, and operation of a toll facility: (1) development costs; (2) preparation of project plans, specifications, and engineer's estimate; (3) construction, including right of way acquisition and utility relocation; (4) operation; (5) maintenance; and (6) necessary or incidental administrative, legal, and other expenses. (b) The commission may provide financial assistance under this subchapter for which repayment is not required only to a toll project entity as authorized under Transportation Code, §372.002(d). Source Note: The provisions of this §27.52 adopted to be effective August 15, 2002, 27 TexReg 7178; amended to be effective May 16, 2018, 43 TexReg 3122