Value Capture Strategies: Joint Development & Use Right-Of-Way Agreements
The Federal Highway Administration EDC-5 Value Capture Implementation Team will host a virtual peer exchange on the topic of Joint Development & Use Right-Of-Way Agreements on October 22nd, 2020 at 1:00pm-3:00pm ET. There is no cost to participate but the space is limited. You must register to reserve your connection/space. Click here to register for the event!
States and locals across the country are facing the same challenges. Revenues are continuing to decline or diminish and budgets are shrinking while transportation improvements needs and demands grow. The traditional means of funding and delivering transportation services is no longer adequate, jeopardizing the path to tomorrow’s economy. One potential source of new revenue and cost savings that has gained recent attention is value extraction from underutilized publicly owned property.
The most common joint development arrangements are Right-Of-Way Use Agreements including air space development including ground leases, cost sharing arrangements, and incentive agreements. Featured experts from state and local authorities who have successfully implemented Value Capture Joint Development Strategies share their experiences in leveraging underutilized right of way to generate on-going revenue sources.
Is your state or local entity looking for non-traditional ways to generate non-tax and non-toll revenue to help pay for operating and maintenance expenses?
Join the Value Capture Virtual Peer Exchange on October 22nd, 2020 at 1:00pm-3:00pm ET to interact with leading peer state & local experts.
TARGET AUDIENCE: Metropolitan and Rural Planning/Programming Organization, States, Cities, Counties, Townships, and Tribal Transportation Professionals. Anyone involved in development or administration of the Value Capture Program Elements.
Note: Account registration is required.