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. |