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Pages 166-180

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From page 166...
... 142 This glossary provides definitions for a variety of technical terms that appear in the guide. Some are specific to JD, TOD, or transit systems.
From page 167...
... Glossary of Terms 143   Area Median Income (AMI)
From page 168...
... 144 Guide to Joint Development for Public Transportation Agencies As of the closing, the joint development agreement is generally superseded, in whole or in part, by the ground lease, deed of sale, or other conveyance instrument. The closing occurs on the closing date, the contractual deadline for which may be called the outside closing date.
From page 169...
... Glossary of Terms 145   Developer solicitation. A developer solicitation is the open and competitive process by which a transit agency invites potential developers to submit qualifications and/or proposals for one or more JD projects.
From page 170...
... 146 Guide to Joint Development for Public Transportation Agencies agencies, but other forms of charters and authorizations that serve an equivalent function in some cases. Examples include joint powers agreements; interstate compacts; county, city, or regional government charters; and sections of a state transportation or public utility code.
From page 171...
... Glossary of Terms 147   neighborhoods or work destinations that might function, at least in part, as TOD if a relatively short gap could be bridged. Force majeure.
From page 172...
... 148 Guide to Joint Development for Public Transportation Agencies Incidental use. Incidental use is a defined term in the FTA Joint Development Guidance.
From page 173...
... Glossary of Terms 149   funding, and they benefit from joint development by deriving revenues, increased ridership, or transit improvements. Joint development agreement (JDA)
From page 174...
... 150 Guide to Joint Development for Public Transportation Agencies use but the district is integrated by a walkable, interconnected public realm. Mixed-use development is a foundational characteristic of TOD.
From page 175...
... Glossary of Terms 151   of a future capital event. In the case of the transit agency forming a joint venture or LLC in combination with the developer, the agency's participation is defined in the JV or LLC agreement.
From page 176...
... 152 Guide to Joint Development for Public Transportation Agencies selection can progress directly to detailed contract negotiations. The issuance of an RFP may be the second stage of a two-step RFQ/RFP process, in which qualified developers were first identified through the RFQ and are the only developers to receive the RFP.
From page 177...
... Glossary of Terms 153   different times, a condition often called "dovetailing." Shared parking enables the combined parking needs of a mixed-use development to be satisfied with fewer physical spaces and, consequently, less land consumption or less cost. Shared parking is formalized in many TOD zoning provisions.
From page 178...
... 154 Guide to Joint Development for Public Transportation Agencies The significance of street-running transit services for JD is that they have fewer off-street stations (or off-street transit property in general) available for joint development.
From page 179...
... Glossary of Terms 155   address some or all of the following: massing and density; allowable uses (promoting mixeduse development and discouraging stand-alone, automobile-intensive uses) ; a pedestrianfriendly urban form; and appropriate parking ratios.
From page 180...
... 156 Guide to Joint Development for Public Transportation Agencies Workforce housing. Workforce housing is a broad term, usually meant to describe affordable housing targeted to households in the middle or upper-middle range of Area Median Income (roughly speaking, from 80% to 120%)

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