Public-Private Deals Can Provide Billions For Infrastructure

Chicago and Indiana have made billions by partnering with private financers on infrastructure assets. Attorneys David Narefsky and John Schmidt explain how California can reap similar benefits.
February 25, 2006, 11am PST | Chris Steins | @urbaninsight
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Public-private financing is emerging as one of the most innovative and efficient ways to pay for and maintain major public infrastructure projects. Few people understand these partnerships better than David Narefsky and John Schmidt, both of Meyer, Brown, Rowe, and Maw LLP. They helped broker what are, to date, the two largest public-private deals in the country -- the Chicago Skyway and the Indiana Toll Road -- which have garnered billions for their public clients.

Metro Investment Report interviews with Mr. Narefsky and Mr. Schmidt about both the finer points of public-private financing and its potential to support California’s ambitious investment plans, and provides a contrasting point of view to a recent article by William Fulton in the California Planning and Development Report, "How To Make Massive Infrastructure Improvements With No Money".

Thanks to David Abel

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Published on Thursday, February 23, 2006 in The Metro Investment Report
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