A VALUE CAPTURE POLICY. VOLUME II. LEGAL ELEMENT

A case study in Houston, is examined from both a public and private viewpoint across three issue areas. These are: legal, community enhancement, and financial. This report is one of a set of 4. The four volumes consist of an introduction, (Volume 1) a legal element, (Volume 2) a community enhancement element, (Volume 3) and a financial element, (Volume 4). Contained in these four volumes is a description of the concept, evaluation of legal issues and precedents related to supplemental condemnation, monetary transfers, intergovernmental cooperation and air rights/sub-surface development; community design issues and examples related to mobility, social relationships, services impacts and provisions, employment opportunities and environmental impacts; and finance concerns as to forms and attributes of both capitalization and income realization as well as public - private ventures in Value Capture Policy. In the case study example, 20% to 40% of the transit system's capital costs, including interest on borrowed capital, can be defrayed through Value Capture Policy.

• Supplemental Notes:
  • Paper copy also available in set of 4 reports as PB-244 100-SET, PC$17.00.
• Corporate Authors:

  Rice Center for Community Design and Research

  Houston, TX  United States  77001

  Department of Transportation

  1200 New Jersey Avenue, SE
  Washington, DC  United States  20590
• Authors:
  • Sharpe, C P
  • Callies, D L
  • Montgomery, S N
• Publication Date: 1974-11-1

Media Info

• Pagination: 74 p.

Subject/Index Terms

• TRT Terms: Analysis; Case studies; City planning; Communities; Cost engineering; Costs; Development; Environmental impacts; Finance; Financing; Land use; Legal factors; Level of service; Mobility; Policy; Present value; Rapid transit; Real estate development; Regional planning; Revenues; Social impacts; Transportation planning; Urban development; Urban transit; Urban transportation; Value capture
• Uncontrolled Terms: Cost analysis; Financial planning; Financial sources; Services; Value
• Geographic Terms: Houston (Texas)
• Old TRIS Terms: Community consequences
• Subject Areas: Economics; Environment; Finance; Highways; Law; Operations and Traffic Management; Passenger Transportation; Policy; Public Transportation; Railroads; Society;

Filing Info

• Accession Number: 00092300
• Record Type: Publication
• Source Agency: National Technical Information Service
• Report/Paper Numbers: Tech. Rpt., DOT/TST-75/83
• Contract Numbers: DOT-OS-40007
• Files: NTIS, TRIS, USDOT
• Created Date: Nov 5 1981 12:00AM