Bill Summaries: H950 (2015-2016 Session)

Tracking:
  • 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

© 2022 School of Government The University of North Carolina at Chapel Hill

This work is copyrighted and subject to "fair use" as permitted by federal copyright law. No portion of this publication may be reproduced or transmitted in any form or by any means without the express written permission of the publisher. Distribution by third parties is prohibited. Prohibited distribution includes, but is not limited to, posting, e-mailing, faxing, archiving in a public database, installing on intranets or servers, and redistributing via a computer network or in printed form. Unauthorized use or reproduction may result in legal action against the unauthorized user.