Private Funding for Roads

Download or read book Private Funding for Roads written by Laurence J. Meisner and published by . This book was released on 1990 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The death 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 ordinces for impact fees and development agreements.