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Private Funding for Roads

Private Funding for Roads

The dearth of public funds for new highways has forced local governments to pursue private funding for road construction. This report defines and discusses four popular financing mechanisms: development agreements, traffic impact fees, special assessment districts, and private-sector initatives such as toll roads. For each financing method, it addresses issues of legality, implementation, and administration and looks at possible pros and cons. Includes appendices that outline sample acts and ordinances for impact fees and development agreements.
ISBN10: 1611900484
ISBN13: 9781611900484
Number Of Pages: 30
Publication Date: 19901001
Publisher: National Book Network
Binding: Paperback
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SKU: 9781611900484
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