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CONTENTS I. Introduction, 3 A. What Is an Intermodal Facility?, 4 II. The Federal Policy Supporting the Development of Intermodal Facilities, 4 A. Intermodal Transportation Policy Generally, 4 B. Intermodal Transportation Policy for Airports, 5 III. The Funding of Airport Intermodal Facilities, 5 A. The Airport Improvement Program, 6 B. The Passenger Facility Charge Program, 6 C. Airport Bonds, 8 D. Airport Revenue, 8 IV. The Sources of Non-Airport Funding for Intermodal Facilities, 8 A. Value Capture, 9 B. Public-Private Partnerships (P3), 9 C. Federal Loan and Grant Programs, 9 V. FAA Guidance on Funding Intermodal Facilities at Airports, 10 A. 1999 Revenue Policy, 11 B. FAA Order 5500.1, 11 C. 2004 Notice of Policy, 12 D. Bulletin No. 1 â 2006/2007, 14 E. Notice of Proposed Policy Amendment (May 3 and 10, 2016), 15 VI. Case Studies: The Development of Intermodal Facilities at Airports, 18 A. The John F. Kennedy Airport AirTrain, 18 B. The SFO/BART, 22 C. The MSP Metro Light Rail System, 25 D. PDX Max Light Rail System Spur, 27 E. The Washington Dulles Metro Silver Line Extension, 29 VII. Summary of Commentary Regarding Intermodal Developments at Airports and Conclusion, 31