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As town grew and developed, an space would be designated as the CBD where business and retail happened. In most circumstances, the CBD would be restricted to the oldest a part of the city or close to major transportation routes such as railroad or highway.
There will also be a tax credit for CBD tolls incurred by residents residing in the Central Business District incomes less than $60,000 a year. The announcement comes just six months after the Governor and the legislature adopted the MTA Reform and Traffic Mobility Act, legislation empowering TBTA to cut back congestion and enhance mobility within the City’s Central Business District. TBTA will work intently with TransCore and the City’s Department of Transportation to install the toll system and infrastructure that can scale back congestion and allow TBTA to generate web revenue adequate to fund $15 billion …