There is a definition for this. It's called socialism. The companies are nominally privately owned, but under strict control of government.
so‧cial‧ism /ˈsoʊʃəˌlɪzəm/ Pronunciation Key - Show Spelled Pronunciation[soh-shuh-liz-uhm] Pronunciation Key - Show IPA Pronunciation
1. | a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole. |
2. | procedure or practice in accordance with this theory. |
3. | (in Marxist theory) the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles. And no, I'm not doing the hyperbole thing here either... |
In fact, I can imagine the howls if this was purely a private project. Think Kelo.
Your #1:
control the means and production (of the roads)
Vesting of ownership in the community