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TITLE 43TRANSPORTATION
PART 1TEXAS DEPARTMENT OF TRANSPORTATION
CHAPTER 21RIGHT OF WAY
SUBCHAPTER JLEASING OF HIGHWAY ASSETS FOR TRANSPORTATION FACILITY
RULE §21.309Payment

(a) The department will charge for the lease of right of way under this subchapter not less than fair market value, unless the commission authorizes an exception under Transportation Code, §202.052(d). The department may consider its costs in administering the agreement in establishing the amount to be paid for the lease.

(b) All payments received under this subchapter will be deposited into the state highway fund.


Source Note: The provisions of this §21.309 adopted to be effective January 6, 2011, 35 TexReg 11959

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