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URBAN TRANSIT COST RECOVERY FEASIBILITY STUDY

Award Information

Agency:
Department of Transportation
Branch:
N/A
Award ID:
6907
Program Year/Program:
1987 / SBIR
Agency Tracking Number:
6907
Solicitation Year:
N/A
Solicitation Topic Code:
N/A
Solicitation Number:
N/A
Small Business Information
Williams-kuebelbeck & Assc Inc
316 Pennsylvania Se #400 Washington, DC 20003
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Woman-Owned: No
Minority-Owned: No
HUBZone-Owned: No
 
Phase 1
Fiscal Year: 1987
Title: URBAN TRANSIT COST RECOVERY FEASIBILITY STUDY
Agency: DOT
Contract: N/A
Award Amount: $48,000.00
 

Abstract:

URBAN TRANSIT IMPROVEMENTS ENHANCE THE VALUE OF THE PROPERTY THEY SERVE. TRADITIONAL URBAN TRANSIT FINANCING TECHNIQUES NEGLECT THIS POTENTIAL SOURCE OF REVENUE. BENEFIT ASSESSMENT DISTRICTS AND IMPACT MITIGATION FEES, BASED ON CONCEPTS ORIGINALLY DEVISED FOR MINOR IMPROVEMENTS (EG. SIDEWALKS), HAVE BEEN APPLIED EXPERIMENTALLY TO URBAN TRANSIT, BUT DO NOT GENERATE THE MAJOR FUNDING URBAN TRANSIT REQUIRES. A MORE ROBUST URBAN TRANSIT FINANCING APPROACH WHICH CAPTURES ENHANCED REAL ESTATE VALUES IS SORELY NEEDED. THE FEDERAL COST RECOVERY DISTRICT CONCEPT, DEVELOPED BY THE PROPOSED PRINCIPAL INVESTIGATOR AND FIRST APPLIED TO FEDERAL WATER RESOURCES DEVELOPMENT PROJECTS UNDER SEC. 916(A) OF THE WATER RESOURCES DEVELOPMENT ACT OF 1986, IS SUCH AN APPROACH. THIS STUDY WOULD EVALUATE THE APPLICABILITY OF THE FEDERAL COST RECOVERY DISTRICT CONCEPT TO URBAN TRANSIT FINANCING, RECOMMEND APPROPRIATE MODIFICATIONS TO MEET THE ECONOMIC, LEGAL AND INSTITUTIONAL NEEDS OF URBAN TRANSIT, AND IDENTIFY POTENTIAL DEMONSTRATION SITES.

Principal Investigator:

James l kuebelbeck
PRINCIPAL

Business Contact:

Small Business Information at Submission:

Williams-kuebelbeck & Assc Inc
316 Pennsylvania Se #400 Washington, DC 20003

EIN/Tax ID:
DUNS: N/A
Number of Employees: N/A
Woman-Owned: No
Minority-Owned: No
HUBZone-Owned: No