Subdivision 1. Scope.
The terms used in sections
have the meanings
given them in this section and section
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
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
Subd. 8. Road authority.
"Road authority" has the meaning given it in section
, and also refers to a joint powers authority formed under section
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
History: 1993 c 211 s 1