Arkansas § 27-76-409 Agreements to construct, maintain, and operate transportation projects

Arkansas Statutes

§ 27-76-409 — Agreements to construct, maintain, and operate transportation projects

Arkansas § 27-76-409

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This text of Arkansas § 27-76-409 (Agreements to construct, maintain, and operate transportation projects) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 27-76-409 (2026).

Text

(a)(1) A regional mobility authority may enter into an agreement with a governmental entity.

(2)For purposes of this section, a governmental entity may include:

(A)The United States Government;

(B)A state of the United States;

(C)Another governmental entity;

(D)A political subdivision of another governmental entity; or (E) A toll road corporation owned or operated by any governmental entity.

(b)(1) A regional mobility authority may enter into an agreement to allow a public or private entity to:

(A)Study the feasibility of a transportation project; or (B) Design, construct, maintain, or repair a transportation project.

(2)A regional mobility authority and one (1) or more entities described under subsection (a) of this section may enter into a joint agreement to study the feasibilit

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(a) (1) A regional mobility authority may enter into an agreement with a governmental entity. (2) For purposes of this section, a governmental entity may include: (A) The United States Government; (B) A state of the United States; (C) Another governmental entity; (D) A political subdivision of another governmental entity; or (E) A toll road corporation owned or operated by any governmental entity. (b) (1) A regional mobility authority may enter into an agreement to allow a public or private entity to: (A) Study the feasibility of a transportation project; or (B) Design, construct, maintain, or repair a transportation project. (2) A regional mobility authority and one (1) or more entities described under subsection (a) of this section may enter into a joint agreement to study the feasibility of a transportation project or to acquire, design, finance, construct, maintain, repair, operate, extend, or expand a transportation project. (3) A regional mobility authority shall not sell a toll facility project to a private entity or enter into a lease for a toll facility or a concession agreement related to a toll facility. (c) (1) A regional mobility authority has broad discretion to negotiate provisions in a development agreement through which a governmental entity or private entity may contribute resources or improvements to a project. (2) The development agreement may include provisions relating to: (A) The design, financing, and construction of a transportation project in accordance with standards adopted by the regional mobility authority; and (B) Professional and consulting services to be rendered under standards adopted by the regional mobility authority in connection with a transportation project. (d) A regional mobility authority shall not incur a financial obligation on behalf of or guarantee the obligations of a governmental entity or a private entity that constructs, maintains, or operates a transportation project. (e) A regional mobility authority or a county or municipality that is a member of a regional mobility authority is not liable for any financial or other obligation of a transportation project solely because a governmental entity or a private entity constructs or finances part of a transportation project. (f) A regional mobility authority shall not directly provide water, wastewater, natural gas, petroleum pipeline, electric transmission, electric distribution, telecommunications, information, or cable television services.