Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
160.87 TOLL FACILITY COST RECOVERY.
Subdivision 1. Use of toll revenues. Toll revenues must be applied to repayment of
indebtedness incurred for the toll facility; payments to a road authority under the development
agreement or a related lease, management, or toll concession agreement; costs of operation
necessary to meet applicable standards of the road authority; and reasonable reserves for future
capital outlays. The enumeration of uses in this subdivision does not state priorities for the use of
these revenues.
Subd. 2. Residual toll revenues. Residual toll revenues after the payments specified in
subdivision 1 are made belong to the private operator.
Subd. 3. Continuation of tolls. After expiration of a lease for a BTO facility, or after title
has reverted for a BOT facility, the road authority may continue to charge tolls for the facility.
History: 1993 c 211 s 4
Subdivision 1. Use of toll revenues. Toll revenues must be applied to repayment of
indebtedness incurred for the toll facility; payments to a road authority under the development
agreement or a related lease, management, or toll concession agreement; costs of operation
necessary to meet applicable standards of the road authority; and reasonable reserves for future
capital outlays. The enumeration of uses in this subdivision does not state priorities for the use of
these revenues.
Subd. 2. Residual toll revenues. Residual toll revenues after the payments specified in
subdivision 1 are made belong to the private operator.
Subd. 3. Continuation of tolls. After expiration of a lease for a BTO facility, or after title
has reverted for a BOT facility, the road authority may continue to charge tolls for the facility.
History: 1993 c 211 s 4
Official Publication of the State of Minnesota
Revisor of Statutes