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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 She described a publicprivate part- diesel fuel for railroads should be repealed and nership, including federal, state, local, and private fund- addressed what he saw as the discriminatory nature of ing partners, to get the project on its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