Regional Mobility Authorities
In 2001 the State Legislature authorized the creation of the Regional Mobility Authorities (RMAs). These authorities are designed as a means for individual or multiple counties to build, operate, and maintain local toll roads or other transportation projects. These authorities are authorized to issue bonds as well as designate local revenue sources to pay for the initial costs of the projects. The primary purpose for creating the RMAs was to reduce the time and bureaucratic "red tape" in the toll road building process.
Read more about this topic: Texas Tollways
Famous quotes containing the words mobility and/or authorities:
“One set of messages of the society we live in is: Consume. Grow. Do what you want. Amuse yourselves. The very working of this economic system, which has bestowed these unprecedented liberties, most cherished in the form of physical mobility and material prosperity, depends on encouraging people to defy limits.”
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