A contract of $60million was granted to U.S. Department of Transportation (DOT) for funding towards "nationally significant state projects that will demonstrate the feasibility and safety of MAGLEV technology" in 1999-2001. As per legislation, $15 million was sanctioned towards research and development of the transportation system, and proposal for the allotment of additional $950 million was planned. The states were asked to submit their expression of interests for the project, so that appropriate allotment of funds shall be carried, "After all states have completed planning activities, the DOT will provide assistance to one project for final design, engineering and construction" (Paul, 2007).
As per regulations discussed in Swift Rail Development Act for state high-speed rail expansion, "the DOT may provide financial assistance to a public agency or group of public agencies for high-speed rail corridor planning and high-speed rail technology improvements". It is specified that DOT will provide maximum 50 percent "publicly financed costs" (Paul, 2007). This allotment was subject to planning evaluation inclusive of "funds allocation, environmental assessments, feasibility studies, economic analysis, impact assessments, rail employment assessments, operational planning, route selection analysis and purchase of rights of way for high-speed service, preliminary engineering and design, identification of specific corridor improvements, preparation of financing plans and creation of public and private partnerships" (University of Alabama, 2007). The intent of the funding towards high-speed rail technology was to ensure "improvement, adaptation and integration of proven technologies for commercial application in high-speed rail service". The policy was with specific reference to Huntsville, four-county region comprising Limestone, Marshall, Madison, and Morgan counties. The Congress approved "total of $40 million for fiscal years 1998-2001 for corridor planning and $100 million for technology improvements" towards Alabama region.
Significance of Applied Proposal
The intent of this article is to assess the economic and transportation impacts of the Base Realignment and Closure (BRAC) 2005 transfers on Huntsville, four-county region comprising Limestone, Marshall, Madison, and Morgan counties. The study will assist in the development of strategies which shall "anticipate and mitigate adverse impacts on transportation and other infrastructure, as well as schools, parks, hospitals, etc". Several measures were undertaken to "maximize the economic benefits while maintaining a high quality of life in the region", and the incorporated Base Realignment and Closure. It is expected that the incorporation of the BRAC 2005 transfers "will provide a direct net gain of about 4,000 military and government civilian personnel with an average annual income of $70,000, more than double the $33,416 average for an Alabama worker in 2004". As plan the approved plan, "more than 3,600 housing units will be built at a cost of $617 million for these workers" and a $359 million military construction projects have been declared. It is estimated that the implementation of these projects will develop "one-time economic impacts on Alabama of $1.9 billion in output, $510 million in household earnings, and nearly