A VALUE CAPTURE POLICY. VOLUME I. INTRODUCTION
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. The 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 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.
- Paper copy also available in set of 4 reports as PB-244 100-SET, PC$17.00.
Rice Center for Community Design and ResearchHouston, TX United States 77001
Department of TransportationOffice of University Research, 1200 New Jersey Avenue, SE
Washington, DC United States 20590
- Sharpe, C P
- Callies, D L
- Montgomery, S N
- Publication Date: 1974-11-1
- Pagination: 101 p.
- 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;
- Accession Number: 00092299
- Record Type: Publication
- Source Agency: National Technical Information Service
- Report/Paper Numbers: Tech. Rpt., DOT/TST-75/82
- Contract Numbers: DOT-OS-40007
- Files: NTIS, TRIS, USDOT
- Created Date: Nov 5 1981 12:00AM