Texas Transportation Code

§ 366.004 — CONSTRUCTION COSTS DEFINED

TN § 366.004Title 6. ROADWAYS · Part G. TURNPIKES AND TOLL PROJECTS · Ch. 366. REGIONAL TOLLWAY AUTHORITIES · Art. A. GENERAL PROVISIONS

Statute text

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(a)The cost of acquisition, construction, improvement, extension, or expansion of a turnpike project or system under this chapter includes the cost of:

(1)the actual acquisition, construction, improvement, extension, or expansion of the turnpike project or system;

(2)the acquisition of real property, rights-of-way, property rights, easements, and other interests in real property;

(3)machinery and equipment;

(4)interest payable before, during, and after acquisition, construction, improvement, extension, or expansion as provided in the bond proceedings;

(5)traffic estimates, revenue estimates, engineering and legal services, plans, specifications, surveys, appraisals, construction cost estimates, and other expenses necessary or incidental to determining the feasibility of the construction, improvement, extension, or expansion;

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Legislative history

Acts 2005, 79th Leg., Ch. 281 (H.B. 2702), Sec. 2.57, eff. June 14, 2005.