NON-TRADITIONAL FUNDING USED LOCAL INPUT

A project is planned in which those who will benefit from a new 50-mile highway component in an outer loop around Denver will pay for the construction and maintenance of the road, in proportion to the value they will receive from it. Also, the highway is being built before the area is developed, reducing costs and construction problems. This project, which uses no federal assistance or funding but relies on the cooperation of local government units, could be a model for innovative funding for other highway projects. Details of the unique financing structure are summarized. The three-source financing and the formula for fee assessment are described. Cost apportionment and user fees are also discussed.

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Filing Info

  • Accession Number: 00461837
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jan 31 1987 12:00AM