A HYPOTHETICAL CASE: VALUE CAPTURE/JOINT DEVELOPMENT TECHNIQUES TO REDUCE THE PUBLIC COSTS OF PUBLIC IMPROVEMENTS

This article illustrates the use of value capture/joint development techniques by applying them to the hypothetical case of a city of 1,500,000 which must together with certain affected suburban areas and the state, set about devising a method of raising the $120,000,000 local share of the costs for a proposed fifteen-mile fixed-guideway rapid transit system. Among the considerations addressed are: the choice of government agency to run the system and the legal problems associated with acquiring land for transit stations and leasing to the private sector that portion of the land not needed for current operations.

  • Supplemental Notes:
    • Reprinted from the Urban Law Annual, Volume 16 (1979).
  • Corporate Authors:

    Washington University, St Louis

    School of Law
    St Louis, MO  United States  63130
  • Authors:
    • Callies, D L
  • Publication Date: 1979

Media Info

  • Pagination: p. 155-192
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00300743
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Nov 7 1981 12:00AM