Texas Government Code 791.028 – Contracts for Joint Payment of Road Construction and Improvements
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(a) In this section:
(1) “Highway project” means the acquisition, design, construction, improvement, or beautification of a state or local highway, turnpike, or road project.
(2) “Transportation corporation” means a corporation created under Chapter 431, Transportation Code.
(b) A local government may contract with another local government, a state agency, or a transportation corporation to pay jointly all or part of the costs of a highway project, including the cost of an easement or interest in land required for or beneficial to the project.
Terms Used In Texas Government Code 791.028
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(c) A local government and a transportation corporation, in accordance with a contract executed under this section, may:
(1) jointly undertake a highway project;
(2) acquire an easement, land, or an interest in land, in or outside a right-of-way of a highway project, as necessary for or beneficial to a highway project; or
(3) adjust utilities for the project.
(d) If a contract under this section provides for payments over a term of years, a local government may levy ad valorem taxes in an amount necessary to make the payments required by the contract as they become due.