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Toll Equity Loan Agreement

The new toll road will be built in four phases: Phase 1: a node with SH 183 and service roads from the North Carrier Parkway to I-20, built by TxDOT (open); Phase 2: two toll lanes in each direction from SH 183 to the Egyptian track, built by TxDOT (open); Phase 3: Road Services and a third toll road in each direction from Conflans Road to North Carrier Parkway, built by TxDOT (open); And Phase 4: Two tolls in each direction of North Carrier Two tolls in each direction from the North Carrier Parkway to I-20 with intersections at I-30 and I-20 (I-20 open). All important connections to Chisholm Trail Parkway are complete. The group`s commitments are not obligations of the Texas Department of Transportation (TxDOT) or the Texas Transportation Commission. Series 2013B, 2013E, 2016, 2018A, 2018B and 2020B outstanding commitments are supported by a toll capital credit agreement (TELA) between the company and TxDOT. This means that TxDOT has committed to provide a loan for certain project costs, certain operating and maintenance costs, and some higher maintenance costs if project revenues are not sufficient for these purposes and if THE debt services of TELA-supported obligations are sufficient. TxDOT`s telA advances are subject to the legislature and certain other restrictions. As co-financial advisor, Estrada Hinojosa – Company supported the North Texas Tollway Authority (NTTA) in the issuance of $2.5 billion in system refunding revenue and bonds, Series 2017A and 2017B. The transaction repaid all obligations of the special project system, including a TIFIA loan and debt selected by Tollway System. The Grand Parkway Systems toll bonds issued by Grand Parkway Transportation Corporation (Corporation) are shown in the table below. TelA agreement: In 2008, NTTA and TxDOT entered into a toll equity loan agreement (TELA) under which TxDOT NTTA provided a toll capital loan to provide financial support under Credit Support.


Maxi Mini Warehouse

46670 Continental Dr. Chesterfield, MI 48047 1/4 mile east of I-94, exit 241