Texas § 366.401 COMPREHENSIVE DEVELOPMENT AGREEMENTS.

Texas Statutes

§ 366.401 — COMPREHENSIVE DEVELOPMENT AGREEMENTS.

Texas § 366.401

Code TNTransportation Code

This text of Texas § 366.401 (COMPREHENSIVE DEVELOPMENT AGREEMENTS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Transportation Code Code Ann. § 366.401 (2026).

Text

Sec. 366.401. COMPREHENSIVE DEVELOPMENT AGREEMENTS.

(a)An authority may use a comprehensive development agreement with a private entity to design, develop, finance, construct, maintain, repair, operate, extend, or expand a turnpike project.

(b)A comprehensive development agreement is an agreement with a private entity that, at a minimum, provides for the design, construction, rehabilitation, expansion, or improvement of a turnpike project and may also provide for the financing, acquisition, maintenance, or operation of a turnpike project.

(c)An authority may negotiate provisions relating to professional and consulting services provided in connection with a comprehensive development agreement.

(d)An authority may authorize the investment of public and private money, including debt and e

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Sec. 366.401. COMPREHENSIVE DEVELOPMENT AGREEMENTS. (a) An authority may use a comprehensive development agreement with a private entity to design, develop, finance, construct, maintain, repair, operate, extend, or expand a turnpike project.
(b) A comprehensive development agreement is an agreement with a private entity that, at a minimum, provides for the design, construction, rehabilitation, expansion, or improvement of a turnpike project and may also provide for the financing, acquisition, maintenance, or operation of a turnpike project.
(c) An authority may negotiate provisions relating to professional and consulting services provided in connection with a comprehensive development agreement.
(d) An authority may authorize the investment of public and private money, including debt and equity participation, to finance a function described by this section.