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2014-10-07
article
Notice of Issuance of Final Circular: Guidance on Joint Development
Notices
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D09002ee1bdc3d184
United States
Department of Transportation
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United States Government Agency or Subagency
United States
Federal Transit Administration
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org
United States Government Agency or Subagency
The Federal Transit Administration (FTA) has issued and placed in the docket and on its Web site final Agency guidance, in the form of a circular, on joint development. This circular provides guidance to recipients of FTA financial assistance on how to use FTA funds or FTA- funded real property, for joint development. This circular: (1) Defines the term ``joint development''; (2) explains how a joint development project can qualify for FTA assistance; (3) describes the legal requirements applicable to the acquisition, use, and disposition of real property acquired with FTA assistance; (4) outlines the most common crosscutting requirements applicable to FTA-assisted joint developments; and (5) describes FTA's process for reviewing a joint development project proposal. This circular incorporates provisions of the Moving Ahead for Progress in the 21st Century Act (MAP-21), Public Law 112-141 (2012), advances the goals of 49 U.S.C. 5315 by informing FTA recipients of opportunities for private sector participation in public transportation projects, and includes the most current guidance for the Federal public transportation program. This final circular is the result of the notice issued by FTA that appeared in the Federal Register on March 6, 2013, entitled ``Joint Development: Proposed Circular''.
79 FR 50728
https://www.govinfo.gov/app/details/FR-2014-08-25/2014-20097
2014-20097
fr25au14-118
4910-57-P
Docket No. FTA-2013-0013
https://www.govinfo.gov/app/details/FR-2014-08-25/2014-20097
https://www.govinfo.gov/content/pkg/FR-2014-08-25/html/2014-20097.htm
https://www.govinfo.gov/content/pkg/FR-2014-08-25/pdf/2014-20097.pdf
6 p.
50728
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79 FR 50728
Notice of Issuance of Final Circular: Guidance on Joint Development; Federal Register Vol. 79, Issue
NOTICE
2014-20097
DEPARTMENT OF TRANSPORTATION
Federal Transit Administration
2014-10-01
Docket No. FTA-2013-0013
4910-57-P
2014-20097
Notice--Issuance of Joint Development Circular.
The Federal Transit Administration (FTA) has issued and placed in the docket and on its Web site final Agency guidance, in the form of a circular, on joint development. This circular provides guidance to recipients of FTA financial assistance on how to use FTA funds or FTA- funded real property, for joint development. This circular: (1) Defines the term ``joint development''; (2) explains how a joint development project can qualify for FTA assistance; (3) describes the legal requirements applicable to the acquisition, use, and disposition of real property acquired with FTA assistance; (4) outlines the most common crosscutting requirements applicable to FTA-assisted joint developments; and (5) describes FTA's process for reviewing a joint development project proposal. This circular incorporates provisions of the Moving Ahead for Progress in the 21st Century Act (MAP-21), Public Law 112-141 (2012), advances the goals of 49 U.S.C. 5315 by informing FTA recipients of opportunities for private sector participation in public transportation projects, and includes the most current guidance for the Federal public transportation program. This final circular is the result of the notice issued by FTA that appeared in the Federal Register on March 6, 2013, entitled ``Joint Development: Proposed Circular''.
The effective date of the circular is October 1, 2014. Projects for which sponsors have executed joint development agreements with third parties before October 1, 2014 will be considered according to FTA's existing guidance and statements of policy.
For legal questions, contact Christopher T. Hall, Office of Chief Counsel, Federal Transit Administration, 1200 New Jersey Avenue Southeast, Room E54-413, Washington, DC 20590-0001. For policy questions, contact Sharon Pugh, Office of Budget and Policy, Federal Transit Administration, 1200 New Jersey Avenue Southeast, Room E52-322, Washington, DC 20590-0001. For program questions, contact the appropriate FTA Regional Office.
Guidance:
Joint Development Circular
,
http://www.fta.dot.gov/about/13716.html
www.fta.dot.gov/
www.regulations.gov
Federal Register
Vol. 79, no. 164
Office of the Federal Register, National Archives and Records Administration
2014-08-25
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309 p.
Table of Contents:
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GS 4.107:
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https://www.govinfo.gov/app/details/FR-2014-08-25
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https://www.govinfo.gov/app/details/FR-2014-08-25
https://www.govinfo.gov/content/pkg/FR-2014-08-25/pdf/FR-2014-08-25.pdf
https://www.govinfo.gov/content/pkg/FR-2014-08-25/xml/FR-2014-08-25.xml
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