FOOTHILL CIRCULATION PHASING PLAN: AN INNOVATIVE PUBLIC-PRIVATE FINANCING STRATEGY

In an effort to alleviate the problems associated with past and future development, the Orange County Board of Supervisors and 13 of the county's major landowners have joined forces to create a program to finance the construction of regional roadways and infrastructure before additional development. This program, the Foothill Circulation Phasing Plan (FCPP), is an unprecedented $250 million public-private venture designed to help phase development with transportation improvements in southeast Orange County, California. The FCPP includes the improvement of 40 intersections and construction of 133 lane-miles of new roads. Development in the area is tied to roadway construction via building permit phasing, thereby guaranteeing that roads will be built first. The FCPP construction is being financed through a combination of Community Facilities District bonds secured by the landholdings of the participating landowners and a major thoroughfare and bridge fee program that generates funds from fees placed on new building permits. The program is divided into county construction and private construction projects with the majority of the design for both types of projects being completed by the private sector. The design and the construction projects are then acquired (purchased) by the county for their cost or value. The FCPP is a classic example of an extensive program with significant goals that can be accomplished in a short time frame when the public and private sectors work together to facilitate financing and expedite design, plan approvals, construction, and acquisition of the improvements.

• Record URL:
  http://onlinepubs.trb.org/Onlinepubs/trr/1991/1310/1310-001.pdf
• Record URL:
  https://scholar.google.com/scholar_lookup?title=FOOTHILL+CIRCULATION+PHASING+PLAN%3A+AN+INNOVATIVE+PUBLIC-PRIVATE+FINANCING+STRATEGY&author=D.+Irani&author=R.+Zapalac&author=E.+Hourigan&author=T.+Bazley&publication_year=1991
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/0309051193
• Supplemental Notes:
  • This paper appears in Transportation Research Record No. 1310, Construction Innovations 1991. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved
• Authors:
  • Irani, Daraius
  • Zapalac, Russell
  • Hourigan, E Vincent
  • Bazley, Timothy
• Publication Date: 1991

Media Info

• Features: Figures; References;
• Pagination: p. 1-8
• Monograph Title: Construction innovations 1991
• Serial:
  • Transportation Research Record
  • Issue Number: 1310
  • Publisher: Transportation Research Board
  • ISSN: 0361-1981

Subject/Index Terms

• TRT Terms: Bridge construction; Bridges; Construction; Financing; Governments; Improvements; Infrastructure; Intersections; Private enterprise; Road construction
• Geographic Terms: Orange County (California)
• Subject Areas: Bridges and other structures; Construction; Finance; Highways; I10: Economics and Administration; I50: Construction and Supervision of Construction;

Filing Info

• Accession Number: 00619244
• Record Type: Publication
• ISBN: 0309051193
• Files: TRIS, TRB
• Created Date: Feb 29 1992 12:00AM