(a) A comprehensive development agreement is an agreement with a private entity that, at a minimum, provides for the design and construction of a transportation project, that may provide for the financing, acquisition, maintenance, or operation of a transportation project, and that entitles the private entity to:
(1) a leasehold interest in the transportation project; or
(2) the right to operate or retain revenue from the operation of the transportation project.
(b) An authority may negotiate provisions relating to professional and consulting services provided in connection with a comprehensive development agreement.
(c) Except as provided by this chapter, an authority's authority to enter into a comprehensive development agreement expires on August 31, 2011.