Sunday, December 10, 2006

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Proposition 1B - 2007's $20 Billion for transporation projects

SCAG page 18

Big transportation changes are coming to SoCal based on the passage of Proposition 1B in November 2006. With $20 Billion now available for transportation projects, SCAG is looking at ways to spend some of that money in Southern California.

Concepts that are getting their attention include:

* Design-build and design-sequencing procurement to enable expedited project delivery
* Local ballot initiatives to fund local transportation projects with local sales tax measures
* Expanded use of public/private partnerships and other innovative financing mechanisms
*Provisions for transit oriented development "TOD" taht generate revenue and integrate housing planniing with transportation planning

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