Mayor's Welcome

Dear Friends,

Welcome to our new web site. To learn more about Cottleville, we invite you to explore the links on this website. You may email me with your questions or comments.

Sincerely,
Don Yarber
Mayor, City of Cottleville

   
      
      
      

 

Transportation Development Districts

A transportation development district (“TDD”) is a separate political subdivision that may be created to fund, promote, plan, design , construct, improve, maintain and operate one or more transportation-related projects or to assist in such activity. A TDD can finance any transportation-related improvement, including any bridge, street, road, highway, access road, interchange, intersection, signing, signalization, parking lot, bus stop, station, garage, terminal, hanger, shelter, rest area, dock, wharf, lake or river port, airport, railroad, light rail, or other mass transit and any similar or related improvement or infrastructure. §§ 238.200 – 238.275 RSMO

A CID is different from a TDD. A TDD can only finance transportation-related improvements, while a CID can finance a wide-array of public improvements and services. A TDD can finance improvements that benefit the property within the boundaries; a CID generally cannot spend money on projects outside of its boundaries. TDD bonds can have a 40-year maturity, while CID bonds are generally limited to 20 years.