227.630. Powers of private partners. - Missouri Statutes

Powers of private partners.

227.630. The private partner shall have the following powers:

(1) To contract with a federal agency, a state or its agencies andpolitical subdivisions, the commission, a local or regional transportationauthority, a corporation, a partnership, or any person to finance, develop,and/or operate the project;

(2) To lease or acquire any right to use or finance, develop, and/oroperate the project with the length of any term to be established in thecomprehensive agreement;

(3) Upon completion of the project, to collect user fees inconnection with the use of the project by the traveling public or thedirect beneficiaries of the project. The private partner, however, shallnot have the authority to collect user fees in connection with the use ofthe project from motor carriers. As used in this subdivision, the term"motor carrier" shall mean any person engaged in the transportation ofproperty, passengers, or both, for compensation or hire, over the publicroads of this state by motor vehicle. The term motor carrier shall includecommon carriers, private carriers, interstate carriers, and intrastatecarriers. The collection and enforcement of such user fees shall beconsistent with sections 227.660 and 227.666;

(4) To borrow money for project purposes at such rates or interest asthe private partner may determine; and

(5) Any other powers delegated to such private partner in thecomprehensive agreement with the commission.

(L. 2006 H.B. 1380, A.L. 2009 H.B. 683)