MEMORANDUM OF AGREEMENT BETWEEN FEDERAL HIGHWAY ADMINISTRATIONMemorandum of Agreement • November 19th, 2009
Contract Type FiledNovember 19th, 2009(insert State name) Department of Transportation will issue bonds to accelerate the construction of specified Strategic Projects, such bonds being issued in anticipation of future federal funds being made available to reimburse the state for debt service costs including principal, interest and issuance costs. The federal legislation that enables reimbursement of such costs is included in Title 23, Sec. 122 (NHS Act Sec. 311).