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

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