TEXRail/Cotton Belt DFW Regional Rail plan demonstrates growing clout of NTX Council of Governments

Posted by    |    October 1st, 2012 at 5:15 am

Many people thought the TEX Rail/Cotton Belt project — a proposed commuter rail line stretching 62 miles from Fort Worth to Plano — would never get on track.

But the North Central Texas Council of Governments, along with its sister organization, the 43-member Regional Transportation Council, is flexing its muscles like a full-fledged regional government by dreaming up an unusual funding plan that includes state and federal tax revenue, borrowed funds and private investment.

If the council of governments succeeds, the TEX Rail/Cotton Belt project could not only connect distant parts of the Metroplex through public transit up to 30 years ahead of schedule but also bring in a major employer — a rail car and streetcar manufacturer — that could add hundreds of jobs to the region.

Read more at Fort Worth Star Telegram

Read more here: http://www.star-telegram.com/2012/09/30/4298641/rail-plan-demonstrates-growing.html#storylink=cpy