Sec. 6903.161. CONTRACTS FOR TOLL BRIDGES OR FERRY SERVICE. (a) The board may contract with a responsible person for:
(1) the construction and operation of a toll bridge over the district's water; or
(2) ferry service on or over the district's water.
(b) The period of a contract under Subsection (a) may not exceed:
(1) 20 years under Subsection (a)(1); or
(2) 10 years under Subsection (a)(2).
(c) The contract under Subsection (a) may:
(1) set reasonable compensation to be charged for service by the facility;
(2) require from the contracting person an adequate bond payable to the district in an amount and conditioned as the board considers to be required; and
(3) provide for forfeiture of the particular franchise if the license holder fails to render adequate public service.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.06, eff. April 1, 2009.
Last modified: September 28, 2016