Section 16 Missouri Transportation Corporation Act

• Library: Urban Development Subdivisions, and Annexations (2011 Ed.)

In an example of statutory intergovernmental cooperation, the MTCA (Missouri Transportation Corporation Act), §§ 238.300–238.367, RSMo 2000, authorizes the formation of private, nonprofit, tax-exempt transportation corporations to promote and develop public transportation projects and facilities. Created to ease burdens on the MHTC, the MTCA envisions cooperation between local municipalities or counties, the transportation corporation, and the MHTC in efficiently and innovatively developing or improving and funding transportation facilities and systems.

As specified in § 238.307.1, RSMo 2000, a transportation corporation...