Louisville Loop Master Plan loopmasterplan_draft_041813sm_0 | Page 60

CRITERIA
Right-of-Way Availability
Agency Support
Public Support

IMPLEMENTATION

Connectivity to Destinations , Transportation , or Public Lands
Enhances Safety for Non-Motorized Travel
Constructability
Population Served w / in 1 Mile
DESCRIPTION
Louisville Metro or partnering agencies have title or rights of public access and use of the property
The project is supported by multiple agencies and has been identified as a feasible project
The surrounding neighborhoods and communities support development of the path segment . Alignments that have been identified as part of a public process should be prioritized .
Project provides transportation and recreational access to activity centers such as schools , employment and commercial districts , key transit stops or centers , parks and public lands .
The project provides safe use for all users , including people travelling along and across roadways , railroads , waterways , and other barriers .
Ease of implementation based on criteria such as intact right-ofway , feasibility of environmental permitting , probable costs , design constraints ( slope , floodplain , access , etc .)
Project will serve a significant population ( compared with overall per capita population ) within a mile of the preferred alignment .
Expansion of Existing System The path is an extension of an existing path . Source of Funding
Cost of Trail Facility Development
Funds have been committed to the project , other agencies or private sector groups , through partnerships , have committed funds in support of the project .
An estimate for the project has been completed and it has been determined that it is financially feasible to construct the path facility .
FUNDING OPTIONS
Multiple funding opportunities have driven progress on the Loop to date . The built sections of the Louisville Loop , including the RiverWalk and the Levee Trail , occurred in the 1990s through federal surface transportation program grants . Partnering agencies such as MSD , Metro Public Works , and the Kentucky Transportation Cabinet have also incorporated paths into their projects . As demonstrated in other communities , combining private dollars with funds from local , state , and federal resources is a model the Louisville Loop has followed . In the development of funds to support the entire Loop , it will be critical to consider all possible resources in the design , land acquisition , construction , operations ( programming and maintenance ) and management of the project . The following paragraphs provide a general overview of potential funding sources to sustain the Louisville Loop .
The largest source available for building trail and greenway systems around the country are Federal dollars available through the programs of the legislatively adopted Federal surface transportation bills . On July 6th , 2012 , President Obama signed into law the Moving Ahead for Progress in the 21st Century Act ( MAP-21 ) which sets the availability of long-range funding for surface transportation programs at over $ 105 billion for fiscal
60