|
to apply funds required to be expended by the developer as a |
| condition of a traffic movement permit to match federal funds and |
| finance debt to support advance construction as long as the |
| department uses those funds to complete a project that includes the |
| improvements the developer is required to make under the traffic |
| movement permit. The department would also be authorized to apply |
| the proceeds of tax increment financing derived from the |
| development project to match federal funds or support debt to |
| finance the cost of advance construction. |