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27-76-409. Agreements to construct, maintain, and operate transportation projects.
Arkansas Code — all titles (historical 2020) · legal_authorities
27-76-409. Agreements to construct, maintain, and operate transportation projects.
(a)(1) A regional mobility authority may enter into an agreement with a governmental entity.
(2) For purposes of this section, a governmental entity may include:
(A) The federal government;
(B) A state of the United States;
(C) Another governmental entity;
(D) A political subdivision of another governmental entity; or
(E) A toll road corporation owned or operated by any governmental entity.
(b)(1) A regional mobility authority may enter into an agreement to allow a public or private entity to:
(A) Study the feasibility of a transportation project; or
(B) Design, construct, maintain, or repair a transportation project.
(2) A regional mobility authority and one (1) or more entities described under subsection (a) of this section may enter into a joint agreement to study the feasibility of a transportation project or to acquire, design, finance, construct, maintain, repair, operate, extend, or expand a transportation project.
(3) 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.
(c)(1) A regional mobility authority has broad discretion to negotiate provisions in a development agreement through which a governmental entity or private entity may contribute resources or improvements to a project.
(2) The development agreement may include provisions relating to:
(A) The design, financing, and construction of a transportation project in accordance with standards adopted by the regional mobility authority; and
(B) Professional and consulting services to be rendered under standards adopted by the regional mobility authority in connectio
Source: Arkansas Code — historical release 78 (November 6, 2020) · 27-76-409
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:27-76-409
Source file: gov.ar.code.title.27.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 5cea4cbfb161f4bc2f1f93547d0f48d658a9d4d5a838efb5e87fc5545ca5dff7
Source location: content.xml paragraph 26084
Stored source content
27-76-409. Agreements to construct, maintain, and operate transportation projects.
(a)(1) A regional mobility authority may enter into an agreement with a governmental entity.
(2) For purposes of this section, a governmental entity may include:
(A) The federal government;
(B) A state of the United States;
(C) Another governmental entity;
(D) A political subdivision of another governmental entity; or
(E) A toll road corporation owned or operated by any governmental entity.
(b)(1) A regional mobility authority may enter into an agreement to allow a public or private entity to:
(A) Study the feasibility of a transportation project; or
(B) Design, construct, maintain, or repair a transportation project.
(2) A regional mobility authority and one (1) or more entities described under subsection (a) of this section may enter into a joint agreement to study the feasibility of a transportation project or to acquire, design, finance, construct, maintain, repair, operate, extend, or expand a transportation project.
(3) 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.
(c)(1) A regional mobility authority has broad discretion to negotiate provisions in a development agreement through which a governmental entity or private entity may contribute resources or improvements to a project.
(2) The development agreement may include provisions relating to:
(A) The design, financing, and construction of a transportation project in accordance with standards adopted by the regional mobility authority; and
(B) Professional and consulting services to be rendered under standards adopted by the regional mobility authority in connection with a transportation project.
(d) A regional mobility authority shall not incur a financial obligation on behalf of or guarantee the obligations of a governmental entity or a private entity that constructs, maintains, or operates a transportation project.
(e) A regional mobility authority or a county or municipality that is a member of a regional mobility authority is not liable for any financial or other obligation of a transportation project solely because a governmental entity or a private entity constructs or finances part of a transportation project.
(f) A regional mobility authority shall not directly provide water, wastewater, natural gas, petroleum pipeline, electric transmission, electric distribution, telecommunications, information, or cable television services.
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