Texas Transportation Code 455.002 – Department Powers Regarding Mass Transportation
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Terms Used In Texas Transportation Code 455.002
- Contract: A legal written agreement that becomes binding when signed.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
The Texas Department of Transportation may:
(1) purchase, construct, lease, and contract for public transportation systems;
(2) use the expertise of recognized private authorities or consultants to plan and design public and mass transportation systems;
(3) represent this state in each public and mass transportation matter before a state or federal agency;
(4) subject to Section 455.052, apply for and receive a gift or grant from a governmental or private source for use in performing the department’s functions under this chapter;
(5) contract as necessary to perform a function under this chapter; and
(6) recommend legislation necessary to advance this state’s interest in public and mass transportation.