Innovative Financing Techniques for America's Transit Systems

摘要

Transit systems are encouraged to review the innovative financing mechanisms211u001edocumented in this report. The innovative financing techniques covered in this 211u001ereport include: Certificates of Participation and Lease-Backed Bonds; Cross-211u001eBorder and Domestic Leases; Joint Development; Turnkey; and State Infrastructure 211u001eBanks. The handbook concludes with brief descriptions of financial transactions 211u001ethat were underway at the time of its preparation, for example, lease maintenance 211u001econtract (at the New Orleans Regional Transit Authority) which is allowed in 211u001eFTA's Final Leasing Regulations. A Japanese Leveraged Lease Sample Terms Sheet is 211u001edocumented in Appendix A, and the relationship between joint development and 211u001elivable communities is graphically portrayed in Appendix B of this handbook.