that the region has the opportunity to consider all aspects of a unique infrastructure development for the region that would, as planned, pay for itself in additional revenues generated from new development along the freight and commuter rail corridor.

They are being introduced to the concept of value capture, which is the formula that will be utlized in order to generate far in excess of the $226 million that will be required to repay private investment in the corridor. At a recent joint meeting of the Red Line Task Force and the Metropolitan Transit Commission, consultants said new value capture revenue are estimated, by one of the companies that may invest in the project and would be assuming all of the financial risk, will generate in excess of $1 billion in revenue above and beyond what will be required to pay back the industrial revenue bonds that would be used to build the 25-mile line from downtown Charlotte to Mooresville.