Authority to contract

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  1. (a) A regional mobility authority created under this chapter may enter into agreements or contracts with a governmental entity or a private entity.

  2. (b) The types of agreements or contracts that a regional mobility authority may enter into under this chapter include without limitation:

    1. (1) Lease agreements;

    2. (2) Rental agreements;

    3. (3) Operating agreements;

    4. (4) Service agreements;

    5. (5) License agreements;

    6. (6) Promotional agreements;

    7. (7) Purchasing agreements; and

    8. (8) Public-private partnership agreements for transportation projects concerning rail, waterway, or trail.

  3. (c) The scope of agreements or contracts that a regional mobility authority may enter into under this chapter includes without limitation:

    1. (1) Rent, lease, or make property available for the benefit of users of a transportation project or a transportation system other than a public utility facility;

    2. (2) Plan, design, construct, operate, or maintain a transportation project on behalf of a governmental entity within the boundaries of the regional mobility authority; and

    3. (3) Acquire with the consent of a governmental entity or private entity a transportation project or transportation system from that entity and assume any debts, obligations, and liabilities of the entity relating to a transportation project or transportation system transferred to the regional mobility authority, provided that a regional mobility authority shall not acquire a transportation project or transportation system from another public or private entity that is completed or for which a construction notice to proceed has been issued to convert the transportation project or transportation system to a toll facility project.

  4. (d) A regional mobility authority shall not sell a toll facility project to a private entity or enter into a lease for a toll facility or a concession agreement related to a toll facility.


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