Smith County Creates Transportation Reinvestment Zone to Expand Toll 49 Segments
December 2014 – As part of a project team retained by the North East Texas Regional Mobility Authority (NET RMA), TXP completed an economic, real estate, and property value assessment. TXP identified potential transportation reinvestment zones (TRZ) for the Toll 49 roadway project. The purpose of the analysis was to provide 25-year TRZ revenue forecasts that could be incorporated into the overall financing plan for the Toll 49 project. The Smith County Commissioners’ Court approved the TRZ on December 1, 2014.
Read an article about the study HERE.