North
Texas Tollway Authority (NTTA)
The
North Texas Tollway Authority (NTTA)
is organized under Chapter 366 of the Transportation Code as a
political subdivision of the State of Texas is empowered
to acquire, construct, maintain, repair and operate turnpike
projects; to raise capital for construction projects through the
issuance of Turnpike Revenue Bonds; and to collect tolls to
operate, maintain and pay debt service on those projects.
The NTTA operates nearly 51 miles of toll roads in North Texas and
has over 700 employees.
The NTTA serves Dallas,
Collin, Denton and
Tarrant counties and is
governed by a seven-member Board of Directors. Each of the four
counties within the service area of the NTTA appoints a member.
Two members are appointed on a rotating basis by those counties
in which an operating NTTA toll road is located. The Governor of
Texas appoints one member from a county adjacent to the NTTA's
four-county service area. The members of the Board of Directors
serve staggered, two-year terms, and
no member may be an
elected official. From their membership, the directors
elect a Chair and Vice Chair.