• Cover and Introductory Materials
• Executive Summary
• Organization of This Report
• Chapter 1. Introduction
  • 1.1 TRZs as a Value Capture Technique
  • 1.2 TRZs and TIF Districts: Similarities and Differences
  • 1.3 Role of TRZs in Delivering Transportation Projects
• Chapter 2: Transportation Reinvestment Zone Basiccs
  • 2.1 Definitions
  • 2.2 Circumstances Motivating Creation of TRZs
  • 2.3 Legal Framework
    • 2.3.1 Legal Framework in Texas
    • 2.3.2 Legal Framework in Utah
• Chaper 3: Implementation of a Transportation Reinvestment Zone
  • 3.1 Initiation
  • 3.2 Zone Formation
    • 3.2.1 Determination of Zone Boundaries
    • 3.2.2 Provision of 60-Day Notice
    • 3.2.3 Refinement of TRZ Preliminary Analyses
  • 3.3 Public Hearing and Adoption
  • 3.4 Operation
  • 3.5 Termination
• Chaper 4: Use of Transportation Reinvestment Zones
  • 4.1 Local Jurisdictions That Can Use TRZs
  • 4.2 Type of Projects That Can Be Funded With TRZs
  • 4.3 TRZ Financing Methods
    • 4.3.1 Pay-As-You-Go
    • 4.3.2 Municipal Bond Financing
    • 4.3.3 State Infrastructure Bank (SIB)
    • 4.3.4 Other Financing Methods
• Chapter 5: Opportunities and Challenges of Transportation Reinvestment Zones
  • 5.1 Opportunities
    • 5.1.1 Political and Public Support
    • 5.1.2 Acceleration of Project Delivery
    • 5.1.3 Interagency Collaboration
    • 5.1.4 Promotion of Equity and Economic Efficiency
  • 5.2 Challenges
    • 5.2.1 Political and Public Support
    • 5.2.2 Revenue Uncertainty
    • 5.2.3 Legal Issues (for Texas Counties)
• Chapter 6: Case Study
  • 6.1 Background
  • 6.2 Project Finance
  • 6.3 Lessons Learned
• Chapter 7: Concluding Remarks
• Chapter 8: References
• Chapter 9: Appendix A: Active Texas TRZs
• Chapter 10: Appendix B: Texas Statutory Provisions Regarding TRZs
• Chapter 11: Appendix C: Utah Statutory Provisions Regarding TRZs
  • 11.1 Utah Code 11-13-227. Transportation reinvestment zones.
  • 11.2 Housing and Transit Reinvestment Zone Act
• Chapter 12: Glossary of Terms

FIGURES

• Figure 1. Relationships among TRZ elements.
• Figure 2. Texas TRZ implementation stages
• Figure 3. TRZ operation
• Figure 4. Local jurisdictions that can use TRZs
• Figure 5. The 2013 El Paso County CMP
• Figure 6. Map of Horizon City TRZ No. 2 and Eastlake Boulevard Extension Phase 2

TABLE

• Table 1. Eastlake Blvd. Ext. Phase 2 project: Estimated costs and funding sources
• Table 2. Eastlake Blvd. Ext. Phase 2 project: Actual costs and funding sources
• Table 3. Eastlake Blvd. Ext. Phase 2 project: Challenges and lessons learned
• Table 4. Active Texas TRZs (as of December 2020)