(a) Program call. The department may periodically publish
a notice in the Texas Register soliciting
proposals for award of transportation development credits under this
section.
(b) Proposal. An eligible entity may submit a proposal
for an eligible project in response to the notice published under
subsection (a) of this section. The proposal must include:
(1) a detailed description of the project and the need
for the project;
(2) a detailed explanation of how the award of credits
will expand the availability of funding for transportation projects,
considering the goals specified in §5.102 of this subchapter
(relating to Program Goals); and
(3) if the project is located within the planning area
of an MPO, evidence that the eligible entity obtained the concurrence
of the MPO before the entity submitted the proposal under this section.
(c) Additional information. The executive director
of the department or the executive director's designee may require
supplemental information to clarify the issues described in subsection
(b)(1) of this section.
(d) Award. The commission will award credits under
this section after considering the potential of the project to expand
the availability of funding for transportation projects, based on
the goals specified in §5.102 of this subchapter.
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