Purpose
To reflect the agreement between TxDOT and a local toll project
entity regarding a transportation project that will connect to either
the state highway system or to a TxDOT rail facility, or that is
to be part of the state highway system;
To reflect the Texas Transportation Commission’s approval
of the lease, sale, or transfer of a toll project or system, including
a non-tolled state highway or a segment of a non-tolled state highway converted
to a toll project to a governmental entity that has the authority
to operate a tolled highway or a local government corporation; or
To allow TxDOT to participate, by grant or by loan, in the
cost of the acquisition, construction, maintenance, or operation
of a toll facility of a public or private entity, subject to the
limitations on providing grants in state law.