RV 2015: How to Start: Project Funding Lessons and Strategies by Mark Linsenmayer
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Where do you go for millions -- or billions -- of dollars? Securing federal and local funding for big transit projects can be overwhelming. Where do you even begin? Hear from leading strategists in three regions that found their pot of gold: Los Angeles, Salt Lake City and Washington's Maryland suburbs have billions of dollars of new rail projects, and their regions are reaping the benefits. Specially geared to regions who are just beginning to think about project funding, hear strategies for leveraging changes in agency governance, raising local revenue and maximizing its immediate impact, attracting federal investments, and using private investment to reduce upfront costs and achieve value over time. Moderator: Sean Libberton, Principal, WSP | Parsons Brinckerhoff, Inc., Washington, DC Henry Kay, Director, Transportation Planning, RK&K, Baltimore, Maryland Hal Johnson, AICP, Manager of Project Development, Utah Transit Authority, Salt Lake City, Utah Mark Linsenmayer, AICP, Director, Countywide Planning & Development, Metro, Los Angeles, California
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How does transit affect one of our most basic needs -- food? Access to quality, fresh produce or just basic groceries is an important function of transit. So is enriching the experience of public gathering spaces. Learn how communities in Atlanta, Dallas and Phoenix are using transit as a tool to respond to food deserts and improve access to quality groceries. Whether it's active transport, a food bus, or regulations that allow communities to promote food choices, hear how these cities are leading the way.
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Adelee Le Grand, AICP, Associate Vice President, AECOM, Atlanta, Georgia
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Donald Keuth, President, Phoenix Community Alliance, Phoenix, Arizona
RV 2015: Advocacy and Coalition Building: Fighting Transit Opposition by Mega...
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Take a high-level look at equitable transit-oriented development or ETOD, then dive into the nitty-gritty. Examine the administrative, regulatory and financial challenges of implementing ETOD. Hear about solutions employed across the country. Take home valuable and defensible examples of how organizations are engaging more to implement ETOD: Transit agencies, go ahead and set affordable-housing targets! Housing departments, speak to your transportation colleagues about shared interests! Learn to coordinate better for greater ETOD outcomes.
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Andrea Osgood, Director of Real Estate Development, Eden Housing, Hayward, California
Michael Spotts, Senior Policy Analyst, Enterprise Community Partners, Inc., Washington, DC
Luis Tamayo, Interim Chief Planner, City of Dallas, Texas
Amanda Rhein, Senior Director of Transit Oriented Development and Real Estate, Metropolitan Atlanta Rapid Transit Authority, Atlanta, Georgia
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Opposition to government investment in public transit systems is on the rise by Tea Party activists and others. What can we learn by dissecting the strategies used in political campaigns? What lessons can we take away to ensure transit remains viable in the years to come? Learn how to employ those tactics used in political movements -- from ballot measures to lobbying -- to develop strong communication and outreach strategies and build public support for transit.
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Hilary Reeves, Director of Strategic Advancement and Communications, Transit for Livable Communities, Saint Paul, Minnesota
Taiwo Jaiyeoba, Transit Principal, HDR, Atlanta, Georgia
Scott Haggerty, Supervisor, District 1, Alameda County, Board of Supervisors, Oakland, California
RV 2015: Financing Equitable TOD Shouldn't Make You Nervous by Amy Rowland
Does ETOD financing keep you awake at night? Transit orientation, appropriate parking ratios, structured parking and community desires for higher-quality products and public spaces around rail stations all add to the costs of completion and, in turn, can make financing more difficult to obtain. Adding affordable housing to the mix makes things even more difficult. But in an era of increasing income disparity, the importance of providing equitable housing near our transit systems looms large. Hear from developers about the financial tools they have used to ensure a wide range of financial accessibility to their transit-oriented projects. Seeing how the financial puzzle can be solved with insights and examples from people who have made it work. Then, get some sleep.
Moderator: Eric Rothman, President, HR&A Advisors, Inc., New York, New York
Ryan Tobin, Director of Real Estate Development, Denver Housing Authority, Denver, Colorado
Dan Lofgren, Principal, Cowboy Partners, Salt Lake City, Utah
Amy Rowland, Field Director, National Development Council, Salt Lake City, Utah
Sherman Roberts, President and Chief Executive Officer, City Wide Community Development Corporation, Dallas, Texas
RV 2015: E is for Equity: Exemplary Projects from Nonprofit Developers by Don...
Nonprofit developers have upped their game when it comes to equity TOD. They're building and planning some of the most ambitious ETOD projects across the country. Learn what they're doing and how they're doing it. Hear from leading practitioners about real-life challenges and opportunities inherent in the actual planning and building of ETOD projects -- best practices and cautionary tales. Take home new ideas on how you can do it better and at a greater scale in the future. The past year has been a busy one. Catch up on ETOD projects that will help build the collective capacity to create more great communities. This is not your father’s affordable housing.
Moderator: Mandy De Mayo, Executive Director, HousingWorks Austin, Austin, Texas
Mary Lawler, Executive Director, Avenue CDC, Houston, Texas
Donald Falk, Chief Executive Officer, Tenderloin Neighborhood Development Corporation, San Francisco, California
Sarah Vogl, Manager of Development, Adams County Housing Authority, Commerce City, Colorado
Kara Niles, Director, Fund Development and Communication, Avenue Community Development Corporation, Houston, Texas
TOD Redevelopment on the Grandest Scale by Tom Young
Redevelopment of older neighborhoods, brownfields and sprawling suburban areas is a reality across North America. These projects provide exciting test cases for large-scale TOD and integrated land use planning. Explore three large-scale TOD redevelopment projects that are transforming their communities. Hear about innovative sustainable development approaches being deployed: complete streets, reduced commercial and residential parking, custom zoning and integrated stormwater management. Study the design of high-quality public realms including urban agriculture areas, parks and open spaces. Take home tangible strategies for balancing the needs of a sustainable, multimodal transportation network with the needs of redevelopment.
Moderator: Steve Granson, Transit Project Manager, HDR, Chicago, Illinois
Katherine Youngbluth, AICP, Commercial Development Specialist, Real Estate Development Group, Arlington County Government, Arlington, Virginia
Tom Young, AICP, Associate - Community Development, Stantec Consulting Ltd., Edmonton, Alberta
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David Kirschner, Capital Projects Management Coordinator, Environmental Services, Arlington County, Arlington, Virginia
Rail~Volution 101 - Fundamentals: Principles and Practices
New to Rail~Volution? Need a picture of what Rail~Volution is all about? Ground yourself in the origins of the movement to build livable communities with transit. Find out where we're headed. Inspirational and practical, hear about the innovative ideas at the foundation of the movement. Listen as leaders in federal and state government, representatives from developer and foundation communities, as well as TOD and livability experts, share experiences. Dig deep. Ask questions. Join the discussion about making places better. You'll lay a foundation to build on throughout the conference -- and beyond!
Moderator: Lynn Peterson, Secretary, Department of Transportation, Washington State, Olympia, Washington
Earl Blumenauer, 3rd District, Oregon, United States Congress, Washington, DC
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Grace Crunican, General Manager, San Francisco Bay Area Rapid Transit District; Vice President, Board of Directors, Rail~Volution, Oakland, California
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TOD and Parking: Matching the Requirements to the Neighborhood by Karina Ricks
Parking is always a challenge for TOD projects and TOD districts. How do you explain parking requirements and results to commissions, councils and citizens? How do you move forward from the rigid standards in many city codes? Learn a systematic approach for matching parking requirements and transit to different kinds of neighborhoods. Hear how experiments in district-by-district requirements have fared. Explore ways to manage a wide range of parking in a TOD district. Issues, controversy and the consequences of changing parking policy to support TOD -- snag your spot for this lively conversation.
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Karina Ricks, AICP, Principal, Nelson\Nygaard Consulting Services, Washington, DC
Jason Wittenberg, AICP, Land Use, Design and Preservation Manager, Community Planning & Economic Development, City of Minneapolis, Minnesota
Meea Kang, President Domus Development, Rail~Volution Board of Directors, Irvine, California
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Where do wellness issues fit in the transit conversation? What is the link between how we build our cities and transportation networks, and the physical, social, mental and economic wellness of our communities? Participate in the discussion with health funders, community development professionals, health equity advocates and urban planners. Hear how they've leveraged new funding sources for critical investments. What are the politics, processes and mechanics of integrating health, wellness and health equity issues into the planning and design of livable communities? Learn new techniques and perspectives from health foundations, public policy advocates and urban designers and cities in the US (Phoenix, Dallas, Houston) and Canada.
Moderator: Elizabeth Sobel Blum, Senior Community Development Advisor, Federal Reserve Bank of Dallas, Texas
Antonio Gomez-Palacio, Principal, DIALOG, Toronto, Ontario
C.J. Hager, Director, Healthy Community Policies, St. Luke's Health Initiatives, Phoenix, Arizona
Niiobli Armah, IV, Managing Director, WE-COLLAB, Houston, Texas
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Extreme weather events, flooding and rising sea levels devastate communities, destroy or severely damage costly infrastructure, and introduce a strong element of uncertainty in current and future planning. This new normal spotlights how and where we build new -- or strengthen existing -- infrastructure and communities and the governance systems that manage and regulate these decisions and investments. Hear experts tackle these issues, from Hurricane Sandy to sea level rise in the Bay Area. What are the weak links in terms of existing infrastructure, cross-jurisdictional government response systems and disaster preparedness? Learn about state guidelines and legislation. Discuss how transportation agencies deal with major transit infrastructure challenges. Discover the role of natural systems in protecting critical transit infrastructure
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Projjal Dutta, AIA, LEED AP, Director, Sustainability Initiatives, Metropolitan Transportation Authority, New York, New York
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JR DeLaRosa, Special Assistant for Climate Change, California Natural Resources Agency, Sacramento, California
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Can bikeability and walkability transform socially and aesthetically deteriorating neighborhoods? How can bringing active transportation into the planning process bring more equity to a community? For more than two decades social activists and elected officials, alike, have teamed up to improve the quality of life for residents. Hear specific objectives and strategies from Houston, Minneapolis and Orlando. How did they improve access to jobs by creating pathways linking public transit? Or encourage active body motion -- and better health -- by providing alternatives to cars? Learn strategies to form alliances between nonprofit organizations, private enterprise, local governments and local residents. Dare to imagine creative ways to transform your own community.
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Brooke Bonnett, AICP, Director of Economic Development, City of Orlando, Orlando, Florida
Russ Adams, Executive Director, Alliance for Metropolitan Stability, Minneapolis, Minnesota
The Other TOD: Retaining Existing Development in a Corridor by Terry Benelli
Not everything good is new. Rail transit investments in urban corridors can mean opportunities for new development. But what about those businesses that already exist? Who's looking out for the development that is already a valuable component in a community's character? Mitigating construction impacts along a corridor requires a unique set of tools and plenty of creativity. Learn strategies to help existing development survive the impacts of the construction phase. Hear how to assist businesses that might be financially constrained. Get an inside view of programs that focused on existing development during and after construction of urban rail projects in Phoenix and Minneapolis communities.
Moderator: Bob Post, Vice President, Director of Transportation, AECOM, Portland, Oregon
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Learn about the leading examples of transit fare and pass programs available or in development for the lowest-income residents of three regions: Pittsburgh, Denver and Seattle. Explore the details of the programs. Gain fresh perspectives on how the programs came to fruition. Understand the roles of a range of partners -- public, nonprofit, philanthropic and others -- in implementing these efforts. Practical experience to bring back to your own system.
Moderator: Dace West, Executive Director, Mile High Connects, Denver, Colorado
Zoe Williams, Transit Organizer, 9to5 Colorado, Denver, Colorado
Chris Arkills, Transportation Policy Advisor, King County, Seattle, Washington
Molly Nichols, Community Organizer, Pittsburghers for Public Transit, Pittsburgh, Pennsylvania
RV 2015: Pecha Kucha by Jacob Splan
Pecha Kucha Slam
Your day isn't over until you Pecha Kucha! Fast-paced is an understatement. 20 slides x 20 seconds each per topic. It's a favorite, so get there early. Grab a drink and hold on - the ideas and fun will be flying!
Emcee: Art Pearce, Division Manager, Policy, Planning and Projects, Bureau of Transportation, City of Portland, Oregon
Cara Lee, Communications Manager, Richardson, Richter & Associates, Inc., Saint Paul, Minnesota
Christina Morrison, Senior Planner, BRT/Small Starts Project Office, Metro Transit, Saint Paul, Minnesota
Ashley Ver Burg, Senior Strategic Communications Specialist, HDR, Saint Paul, Minnesota
Kirk Hovenkotter, Program Analyst, TransitCenter, New York, New York
Kari Turner, Principal, PIVOT Architecture PC, Eugene, Oregon
Alex Dupey, AICP, Director of Planning Services, MIG, Inc., Portland, Oregon
Max Richter, Associate, Perkins + Will, Vancouver, British Columbia
Derek Benedict, Project Manager - Transit Rail, AECOM, Austin, Texas
Joseph Kopser, Chief Executive Officer, RideScout, Austin, Texas
Dan Reed, Planner, Nelson/Nygaard Consulting Associates, Washington, DC
Jacob Splan, Construction and Engineering Planner, Utah Transit Authority, Salt Lake City, Utah
Claudia Preciado, Transportation Planner, Remix, San Francisco, California
Heidi Guenin, MURP, MPH, Executive Director, Sustainable Transportation Council, Portland, Oregon
GB Arrington, Principal, GB place making, Portland, Oregon
RV 2015: Food: How Transit is Improving Choices by Donald Keuth
How does transit affect one of our most basic needs -- food? Access to quality, fresh produce or just basic groceries is an important function of transit. So is enriching the experience of public gathering spaces. Learn how communities in Atlanta, Dallas and Phoenix are using transit as a tool to respond to food deserts and improve access to quality groceries. Whether it's active transport, a food bus, or regulations that allow communities to promote food choices, hear how these cities are leading the way.
Moderator: James Cromar, AICP, Director of Planning, Broward Metropolitan Planning Organization, Fort Lauderdale, Florida
Adelee Le Grand, AICP, Associate Vice President, AECOM, Atlanta, Georgia
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Recently uploaded
how to sell pi coins in all Africa Countries.
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
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The European Unemployment Puzzle: implications from population aging
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
when will pi network coin be available on crypto exchange.
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
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In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
一比一原版BCU毕业证伯明翰城市大学毕业证成绩单如何办理
BCU毕业证原版定制【微信：176555708】【伯明翰城市大学毕业证成绩单-学位证】【微信：176555708】（留信学历认证永久存档查询）采用学校原版纸张、特殊工艺完全按照原版一比一制作（包括：隐形水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠，文字图案浮雕，激光镭射，紫外荧光，温感，复印防伪）行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备，十五年致力于帮助留学生解决难题，业务范围有加拿大、英国、澳洲、韩国、美国、新加坡，新西兰等学历材料，包您满意。
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三.真实教育部学历学位认证（教育部存档！教育部留服网站永久可查）
四.办理各国各大学文凭(一对一专业服务,可全程监控跟踪进度)
如果您处于以下几种情况：
◇在校期间，因各种原因未能顺利毕业……拿不到官方毕业证【微信：176555708】
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◇回国时间很长，忘记办理；
◇回国马上就要找工作，办给用人单位看；
◇企事业单位必须要求办理的
◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分→ 【关于价格问题（保证一手价格）
我们所定的价格是非常合理的，而且我们现在做得单子大多数都是代理和回头客户介绍的所以一般现在有新的单子 我给客户的都是第一手的代理价格，因为我想坦诚对待大家 不想跟大家在价格方面浪费时间
对于老客户或者被老客户介绍过来的朋友，我们都会适当给一些优惠。
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
选择实体注册公司办理，更放心，更安全！我们的承诺：可来公司面谈，可签订合同，会陪同客户一起到教育部认证窗口递交认证材料，客户在教育部官方认证查询网站查询到认证通过结果后付款，不成功不收费！
学历顾问：微信：176555708
BYD SWOT Analysis and In-Depth Insights 2024.pptx
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
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what is a pi whale and how to access one.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
What website can I sell pi coins securely.
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
where can I find a legit pi merchant online
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
how can i use my minded pi coins I need some funds.
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
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This strategic move aims to redefine and elevate the banking experience for customers.
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when will pi network coin be available on crypto exchange.
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how can i use my minded pi coins I need some funds.
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RV 2015: How to Start: Project Funding Lessons and Strategies by Mark Linsenmayer
- 1. How to Start: Project Funding Lessons & Strategies LA Metro Funding Commitments Inventory October 27, 2015 RAIL~VOLUTION
- 2. Los Angeles County: County with the Largest Economy in the United States • 88 incorporated cities • Large Area › Total area of 10,574 square kilometers › Larger than the states of Rhode Island and Delaware combined • Large Population › 10 million people in LA County; 17.6 million in surrounding counties › More people than 42 states • Diverse › More than 40% foreign-born › Over 220 languages spoken • 17th largest economy in the world 2
- 3. For Los Angeles County, Metro is… 3 The Regional Planner • Long Range Plan • Capital Plan • Corridor Plans/Environmental Clearance The Regional Builder/Funder • Rail and Bus • Highway • Major Roads The Regional Operator • Metro Buses: 2,228 vehicles covering 1,433 square miles and 183 routes • Metro Rail: 88 miles, 6 lines, 80 stations • Bus Ridership Week Day: 1,058,021
- 4. Transit Project Construction Cost: $8.5 B Includes $4.6 B in borrowing
- 5. Highway Project Construction Cost: $5.5 B Includes $1.5 B in borrowing Note: Costs include prior expenditures.
- 6. Sources: Local, State & Federal (SRTP 2015 – 2024) $84.8 Billion Countywide Sources Metro-Controlled Sources $54.5 Billion
- 7. Uses: Transportation Public Investments by Mode: Countywide and Metro Controlled Spending Forecast Countywide Uses FY 2015 – FY 2024 Metro Controlled Uses FY 2015 – FY 2024 $84.8 Billion Total FY 2015 – FY 2024 $54.5 Billion Total FY 2015 – FY 2024 * Includes safety net program, agency-wide capital, and regulatory oversight.
- 8. Improving Capital Program Firewalls: 58% Operating Eligible & 25% Capital Only (FY 2015 - FY 2024) Prop A Prop C Measure R TDA But Combined Sales Tax is 58% Ops Eligible: (millions) $32.1 B Sales Tax Firewalls Improving Over Time: SRTP Planned Debt Service Uses less than 6% ($1,867 M) of Eligible Funds (Used for Ops) (Used for Capital) Sum = 58% Capital Cap or Ops Operations Local Return
- 9. Operating Eligible Bond Funds Critical to Capital Program $1,867 M (6%) SRTP Planned Debt Service Uses 6% of Eligible Funds (Debt service for FY 2015 to FY 2024) This 6% = $6.6 B in bond proceeds (FY 2015 to FY 2024)
- 10. Borrowing Key to Transformative Plan Prop A & C Bonds * Excludes Beginning Balances
- 11. Metro’s Transformative Financial Strategy… • Capital improvement program exceeds $14 B – Transit & Highway • Almost all under construction • Borrowing brings in $6.6 B • Debt capacity maximized – $1.5 B subordinate federal loans critical to success » America Fast Forward Legislation Transit Improvements Highway Improvements
- 12. Leads to Transformative Results: Travel demand forecasted to increase by 6% • Transit boardings increase to 2.6 M per day o a 13% increase from 2.3 M in 2014 • Rail transit track miles increase by 31% o Complementary bus service stays level • Greenhouse gas emissions reduced by 9% o Surpasses the Air Resources Board per capita passenger vehicle target of 8% in 2020 • Highway lane-miles increase by only 1.1% o High Occupancy Vehicle Lanes o Freeway speed reductions mitigated, but can’t increase without pricing o 2014 = 27.8 MPH o 2024 = 25.8 MPH