Texas Transportation Code - Section 91.0361. Certain Freight Railroad Projects
Legal Research Home >
Texas Lawyer > Transportation Code > Texas Transportation Code - Section 91.0361. Certain Freight Railroad Projects
§ 91.0361. CERTAIN FREIGHT RAILROAD PROJECTS. (a) If
sufficient funds from bonds sold to construct the Central Texas
turnpike project or from the Texas mobility fund are available, the
department may, and is strongly encouraged to, use the funds for
engineering, design, grading, and construction necessary to create
a grade-separated freight rail line capable of being safely
traveled by trains operating at not less than 80 miles per hour in
or adjacent to the State Highway 130 corridor.
(b) The department may, and is strongly encouraged to, enter
into negotiations with any Class I railroad concerning building and
operating a freight railroad in or adjacent to the State Highway 130
corridor. The department may explore with any Class I railroad the
possibility of operating the freight railroad line in or adjacent
to the State Highway 130 corridor as a revenue-producing
partnership that could benefit this state and the current holders
of bonds used in the financing of State Highway 130.
(c) This section may not be construed to allow any delay in
the current published schedule for the construction and completion
of State Highway 130.
Added by Acts 2003, 78th Leg., ch. 1325, § 4.01, eff. June 21,
2003.
Section: 91.007 91.031 91.032 91.033 91.034 91.035 91.036 91.0361 91.037 91.051 91.052 91.053 91.054 91.071 91.072
Last modified: August 10, 2007
|