| For further information contact: |
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| If you would like additional information about the SIB program or if you would like to discuss a potential project, please contact Steven Greenfield, Coordinator of the SIB program, at the address and telephone number below: |
| Vermont SIB Program Coordinator: |
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Steve
Greenfield Vermont Economic Development Authority |
| Vermont Agency of Transportation Contact: |
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Karen
Songhurst Vermont Agency of Transportation |
| General Information about SIBs: |
| Information on the Federal SIB initiative, as well
as other innovative transportation financing measures, may be found at:
http://www.fhwa.dot.gov/innovativefinance/index.htm
Information on the Vermont SIB statute:
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| A wide range of transportation activities is
eligible for SIB funding. Listed below are eligible activities, as defined in Federal
statute.
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TITLE 23 Eligible Activities The term "construction" means the supervising, inspecting, actual building, and all expenses incidental to the construction or reconstruction of a highway, including locating, surveying, and mapping (including the establishment of temporary and permanent geodetic markers in accordance with specifications of the National Oceanic and Atmospheric Administration in the Department of Commerce) resurfacing, restoration, and rehabilitation, acquisition of rights-of-way, relocation assistance, elimination of hazards of railway grade crossings, elimination of roadside obstacles, acquisition of replacement housing sites, acquisition and rehabilitation, relocation, and construction of replacement housing, and improvements which directly facilitate and control traffic flow, such as grade separation of intersections, widening of lanes, channelization of traffic, traffic control systems, and passenger loading and unloading areas. The term also includes capital improvements which directly facilitate an effective vehicle weight enforcement program, such as scales (fixed and portable), scale pits, scale installation, and scale houses and also includes costs incurred by the State in performing Federal-aid project related audits which directly benefit the Federal-aid highway program. The term "highway" includes roads, streets, and parkways, and also includes rights-of-way, bridges, railroad-highway crossings, tunnels, drainage structures, signs, guardrails, and protective structures, in connection with highways. It further includes that portion of any interstate or international bridge or tunnel and the approaches thereto, the cost of which is assumed by a State highway department including such facilities as may be required by the United States Customs and Immigration Services in connection with the operation of an international bridge or tunnel. The term "highway safety improvement project" means a project which corrects or improves high hazard locations, eliminates roadside obstacles, improves highway signing and pavement marking. The term "operational improvement" means a capital improvement for installation of traffic surveillance and control equipment, computerized signal systems, motorist information systems, integrated traffic control systems, incident management programs, and transportation demand management facilities, strategies, and programs and such other capital improvements to public roads as the Secretary may designate, by regulation; except that such term does not include resurfacing, restoring, or rehabilitating improvements, construction of additional lanes, interchanges, and grade separations, and construction of a new facility on a new location.
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TITLE 49 Eligible Activities "railroad" includes "transportation" includes "commuter bus operations" means short-haul regularly scheduled passenger service by motor vehicle in metropolitan and suburban areas, whether within or across the geographical boundaries of a State, and utilized primarily by passengers using reduced-fare, multiple-ride, or commutation tickets during morning and evening peak period operations.
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