Minnesota § 160.87 - TOLL FACILITY COST RECOVERY
Full text of Minnesota Minnesota Statutes § 160.87 — TOLL FACILITY COST RECOVERY, with citation guidance and answers to common questions.
§ 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:
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 160.87
What does Minnesota Statutes § 160.87 cover?
Section 160.87 ("TOLL FACILITY COST RECOVERY") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Minnesota § 160.87?
A common citation format is "Minnesota Statutes § 160.87" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Minnesota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.
How does Minnesota § 160.87 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.