Sec. 228.013. DETERMINATION OF FINANCIAL TERMS FOR CERTAIN TOLL PROJECTS. (a) This section applies only to a proposed department toll project in which a private entity has a financial interest in the project's performance and for which: (1) funds dedicated to or controlled by a region will be used; (2) right-of-way is provided by a municipality or county; or (3) revenues dedicated to or controlled by a municipality or county will be used. (b) The distribution of a project's financial risk, the method of financing for a project, and the tolling structure and methodology must be determined by a committee consisting of the following members: (1) a representative of the department; (2) a representative of any local toll project entity, as defined by Section 371.001 , for the area in which the project is located; (3) a representative of the applicable metropolitan planning organization; and (4) a representative of each municipality or county that has provided revenue or right-of-way as described by Subsection (a).
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