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Although the lawsuit was dismissed in August 2011, Mr. Blanning said that the deal would cost twice the traditional method of building highways, in which Caltrans designs and finances a project and then requests bids for the work from construction companies.
To illustrate, assume that at the beginning of the year the firm finances a project by issuing either debt or equity, where the amount of financing equals ISSUE.
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County supervisors have proposed a fee on property owners that would raise $290 million a year to finance a project to mitigate runoff pollution.
"Self-financing a project like this can be a blessing and a frustration.
"Financing a project this size is not easy today," Mr. Naftali said.
And, if they wanted to finance a project, they would have to convince investors that it was worthwhile.
The new owner did not want to finance a project associated with hunting the world's largest mammals.
"There's no way to finance a project," said the researcher, Stephen R. Blank of the Urban Land Institute, a nonprofit group.
Here, there are no pre-disbursals or backfilling; if donors don't finance a project, it simply doesn't happen.
Occasionally they will finance a project with a female protagonist who is even better at being a man than a man.
A governmental committee has been working for more than a year on questions of financing a project, and the political and economic problems involved.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com