A VALUE CAPTURE POLICY. VOLUME IV. FINANCIAL 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 for the Department of Transportation. 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 for both capitalization and income realization as well as the total potential for new public and private revenue which can be produced by joint 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

  Office of University Research, 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: 155 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: 00092302
• Record Type: Publication
• Source Agency: National Technical Information Service
• Report/Paper Numbers: Tech. Rpt., DOT/TST-75/85
• Contract Numbers: DOT-OS-40007
• Files: NTIS, TRIS, USDOT
• Created Date: Nov 5 1981 12:00AM