1. (a) In accordance with Transportation Code, Sections 361.101 and 362.051, the RMA must request final commission approval of the project. The RMA must obtain approval after receiving approval of each environmental review under §26.41(c) of this subchapter and before final designation of the project as a turnpike project and before construction of the project begins.

2. (b) To secure approval under this section, the RMA shall submit the following information to the executive director:

   1. (1) an updated summary of the anticipated financing plan for purposes of seeking the approval described in subsection (c)(2) of this section; and
   2. (2) a report identifying relocations or reconstruction to state highway system facilities anticipated in connection with the proposed project.

3. (c) In deciding whether to grant approval under this section, the commission will consider whether:

   1. (1) the project may be effectively integrated into the state highway system; and
   2. (2) the department is able to construct any connecting roads necessary for the project to generate sufficient revenue to pay the debt incurred for its construction.

Source Note:The provisions of this §26.43 adopted to be effective July 18, 2002, 27 TexReg 6354.