Tax Increment Financing Reinvestment Zone Number Three

Tax Increment Financing Reinvestment Zone Number Three (TIF Zone 3) has been proposed in order to support Cotton Belt Corridor Regional Rail Project construction and development.  It is Plano’s intent to consider creating a new tax increment financing reinvestment zone that would dedicate to the Cotton Belt project 50% of collected real property tax increments. 

Review the draft Preliminary Project Plan and Financing Plan here.