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OCR for page 62
TRACK 4
New Transportation Initiatives and
Demands on Financing
T
his section provides a synthesis of the presenta- that large projects such as MIC will have ebbs and
tions and discussions that ensued in Track 4. flows during implementation and offered as an example
This track comprised four individual panel ses- the large ebb that resulted from September 11, 2001
sions during each of which three or four presentations (9/11), for this particular project.
were made; in-depth discussion by the presenters and In identifying elements of success, Speer offered the
conference participants followed. The discussions following keys:
were facilitated by a designated discussant.
· Strong state leadership and commitment,
· Backing from the U.S. Department of Transporta-
SESSION 1: CHALLENGE OF INTERMODAL tion, and
PROJECTS: KEEPING THEM FROM · Solid commitment from project sponsors, in writing.
FALLING THROUGH THE CRACKS
OF FINANCING PROGRAMS
Financing Intermodal Connections: Bringing
Anne P. Canby, Cambridge Systematics, Inc. Down the Funding Silos for the I-95 Rail Study
(Moderator)
Christine Speer, Florida Department of Transportation John Gibson
John Gibson, CSX Transportation
Mortimer Downey, PB Consult John Gibson addressed the issue of financing inter-
modal projects and the need to bring down the funding
silos across modes. The basis of his presentation was
Financing Intermodal Centers: What Are the the Mid-Atlantic I-95 Rail Study.
Barriers and How Do We Knock Them Down? Gibson began his talk with a discussion of the relative
advantages of rail transport, including environmental,
Christine Speer cost, and traffic flow. Then he addressed the specifics of
the Mid-Atlantic I-95 Rail Study, which consisted of 71
Using the Miami Intermodal Center (MIC) project as an infrastructure projects with an estimated total cost of $6.2
example, Christine Speer addressed the issue of financ- billion. He described a three-phase program over 20 years.
ing intermodal centers and how to knock down barriers He noted his view that the 4.3-cent per gallon tax on
to such projects. She described a publicprivate part- diesel fuel for railroads should be repealed and
nership, including federal, state, local, and private fund- addressed what he saw as the discriminatory nature of
ing partners, to get the project on its way. She noted state property taxes.
50
