AUTHOR'S / SPONSOR'S STATEMENT OF INTENT
S.B. 1709 allows the Cameron County Regional Mobility Authority (authority) to enter into public private partnerships to create a parkway in Cameron County. Allowing the authority to enter into a public private partnership will help get the project completed as soon as possible.
As proposed, S.B. 1709 amends current law relating to certain comprehensive development agreements of regional mobility authorities.
RULEMAKING AUTHORITY
This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency.
SECTION BY SECTION ANALYSIS
SECTION 1. Amends Subchapter G, Chapter 370, Transportation Code, by adding Section 370.3051, as follows:
Sec. 370.3051. LIMITED AUTHORITY FOR CERTAIN PROJECTS USING COMPREHENSIVE DEVELOPMENT AGREEMENTS. Authorizes an authority, notwithstanding Sections 370.305(d) (relating to the authority to enter into a comprehensive development agreement expiring on August 31, 2009) and (f) (relating to the authority to enter into a comprehensive development agreement expiring on August 31, 2011), to enter into a comprehensive development agreement relating to the construction of the West Parkway from U.S. Highway 77/83 to the Brownsville and Matamoros Bridge.
SECTION 2. Effective date: upon passage or September 1, 2011.