Section 7: Economically Disadvantaged/Insolvent Utilities
Anchor: #i1003395Policy
Economically disadvantaged or insolvent utilities may own utility facilities located on a proposed highway project. Cooperatives or small communities may not be able to finance the adjustment of their facilities. They may not have a governing body to take responsibility for the facilities, or the means to prepare the required plans and estimates for any necessary adjustments. The TxDOT LPA Coordinator, with the aid of the TxDOT Utility Liaison, may help the utility prepare and execute an agreement for funding to make the necessary adjustments.
Another method to secure funding is through the Texas State Infrastructure Bank (SIB), which was created to improve, rehabilitate, and renovate transportation facilities. Information concerning SIB may be found in 43TAC, Part 1, Chapter 6.