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January 11, 2013

TEX Rail supporters seek special tax district for Cotton Belt


It's been a heck of a busy week, and I'm behind in blogging a few important items. One of them is this story I wrote for this past weekend about the effort to develop the TEX Rail Cotton Belt commuter rail line from southwest Fort Worth to Grapevine, DFW Airport and Plano. A private developer is preparing to submit a proposal to build much of the line with nontraditional funds, which would be repaid with proceeds from transit-oriented development at train stations and other property near the line. But to do that they'll have to ask the Legislature for a special tax district.

Photo: GrapevineTXonline


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