TERMINATE AGREEMENT FOR TOLLING OF I-77.

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View NCGA Bill Details2015-2016 Session
House Bill 950 (Public) Filed Monday, April 25, 2016
AN ACT DIRECTING THE DEPARTMENT OF TRANSPORTATION TO TERMINATE THE COMPREHENSIVE AGREEMENT FOR THE I-77 HOT LANES PROJECT IN MECKLENBURG AND IREDELL COUNTIES.
Intro. by Cotham.
Status: Ref to the Com on Rules, Calendar, and Operations of the House, if favorable, Transportation, if favorable, Appropriations (House Action) (Apr 26 2016)

Bill History:

H 950

Bill Summaries:

  • Bill H 950 (2015-2016)
    Summary date: Apr 25 2016 - View Summary

    Requires the Department of Transportation (DOT) to terminate the Comprehensive Agreement for the I-77 HOT Lanes project in Mecklenburg and Iredell counties. Specifies that "Comprehensive Agreement" means the Comprehensive Agreement dated as of June 26, 2014, including any amendments made to the agreement as of the effective date of this act. The State is not relieved from paying damages or other monetary penalties owed from the early termination of the agreement. Provides that if damages or monetary penalties are owed by the state because of the cancellation, then DOT must pay the amounts from unobligated funds available to DOT. Effective July 1, 2016.

    Government, State Agencies, Department of Transportation, Transportation
    UNCODIFIED
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