160.84 DEFINITIONS.
344 words·~2 min read·
/mn/chapter-160/160-84A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
160.84 DEFINITIONS.
§
Subdivision 1. Scope.
The terms used in sections 160.84 to 160.98 have the meanings given them in this section and section 160.02 .
§
Subd. 2. BOT facility.
"BOT facility" means a build-operate-transfer toll facility developed, financed, designed, constructed, improved, rehabilitated, and operated by a private operator who holds title to the facility subject to a development agreement providing that title will be transferred to the road authority on expiration of an agreed term.
§
Subd. 3. BTO facility.
"BTO facility" means a build-transfer-operate toll facility developed, financed, designed, constructed, improved, or rehabilitated by a private operator who:
(1)transfers any interest it may have in the toll facility to the road authority before operation begins; and
(2)operates the toll facility for an agreed term under a lease, management, or toll concession agreement.
§
Subd. 4. Commissioner.
"Commissioner" means the commissioner of the Minnesota Department of Transportation.
§
Subd. 5. Development agreement.
"Development agreement" means a written agreement between a road authority and a private operator that provides for the development, financing, design, construction, improvement, rehabilitation, ownership, and operation of a toll facility.
§
Subd. 6. Metropolitan area.
"Metropolitan area" has the meaning given it in section 473.121, subdivision 2 .
§
Subd. 7. Private operator.
"Private operator" means an individual, corporation, partnership, cooperative or unincorporated association, joint venture, or consortium that develops, finances, designs, constructs, improves, rehabilitates, owns, or operates a toll facility subject to sections 160.84 to 160.92 .
§
Subd. 8. Road authority.
"Road authority" has the meaning given it in section 160.02, subdivision 25 , and also refers to a joint powers authority formed under section 160.91 .
§
Subd. 9. Toll facility.
"Toll facility" means a bridge, causeway, or tunnel, and its approaches; a road, street, or highway; an appurtenant building, structure, or other improvement; land lying within applicable rights-of-way; and other appurtenant rights or hereditaments that together comprise a project for which a road authority or private operator is authorized to develop, finance, design, operate, and impose tolls under sections 160.84 to 160.92 .