North Dakota § 48-02.1-10 Cost recovery

North Dakota Statutes

§ 48-02.1-10 — Cost recovery

North Dakota § 48-02.1-10

Title 48Public Buildings

Ch. 48-02.1Infrastructure Development by Private Operators

This text of North Dakota § 48-02.1-10 (Cost recovery) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 48-02.1-10 (2026).

Text

Development agreements entered into under this chapter may authorize private operators of fee-based facilities to impose a fee-based charge for the use of the facility and must require that the fee revenues be applied:

1.To repayment of indebtedness incurred for the fee-based facility;

2.To lease or fee-based concessions payments, if any;

3.To costs associated with the operation, administration, and maintenance of the facility; and

4.To reasonable reserves for future capital outlays, if any. Residual fee revenues belong to the private operator, except for any royalties that may be payable to a public authority under the development agreement or a related fee-based concession agreement. After the expiration of any lease for a build, transfer, and operate facility, or after title has rev

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Development agreements entered into under this chapter may authorize private operators
of fee-based facilities to impose a fee-based charge for the use of the facility and must require
that the fee revenues be applied:
1. To repayment of indebtedness incurred for the fee-based facility;
2. To lease or fee-based concessions payments, if any;
3. To costs associated with the operation, administration, and maintenance of the facility;
and
4. To reasonable reserves for future capital outlays, if any.
Residual fee revenues belong to the private operator, except for any royalties that may be
payable to a public authority under the development agreement or a related fee-based
concession agreement. After the expiration of any lease for a build, transfer, and operate facility,
or after title has reverted for a build, operate, and transfer facility, the public authority may
continue to charge a fee for the use of the facility.