Orange County NC Website
At least four aspects of the Orange County Transit Plan remain: <br />1. The proposed plan includes a cost share scenario for the light rail between Orange and <br />Durham counties (Attachment 1). According to this yet unadopted scenario, Orange <br />County will be responsible for the portion of light rail within Orange County if approved. The <br />proposal also includes being responsible for segments and stations within Durham County <br />that fall within the Town of Chapel Hill boundaries. The exact additional costs beyond the <br />Orange County boundary are being calculated. <br />2. The Board review and comments on the Orange County Bus and Rail Investment Plan draft <br />(i.e. Financial Plan); and decision to set a date for a future meeting. <br />3. Cadence of decision points and/or issues for Orange County related to the Mobility Bill 148 <br />legislation and specifically Article 43 NC105.510.6 which include references to: <br />• FINANCIAL PLAN (this plan is also voted upon by the Metropolitan Planning <br />Organization (MPO), TTA); <br />• INTERLOCAL AGREEMENT; and <br />• %Z cent sales tax REFERENDUM aspects (Attachments 2 and 3). <br />4. Decision timeline by the Board of various stages of the financial plan approval and whether <br />to proceed or not with the '/ sales tax referendum this year to fund the financial plan <br />(Attachment 4). <br />FINANCIAL IMPACT: There is no financial impact associated with receiving the report. The <br />financial impact associated with the Orange County Transit Plan represents amulti-million <br />dollar investment over the next 20+ years. <br />RECOMMENDATION(S): The Manager recommends the Board: <br />1. Set a timetable for approval of the financial paan subject to Orange County countywide public <br />outreach and input. <br />2. Proceed with a decision regarding the public transit'/2 cent sales. tax: <br />Option A - To Proceed to a referendum this November 2011 <br />(Vote on Referendum Resolution at June 21, 2011 BOCC Meeting) <br />(Board of Elections Deadline: August 22, 2011) <br />Option B -Vote to not proceed to a November 2011 referendum and set a date later this <br />year for discussion of a new timetable <br />3. Authorize staff to continue working on elements of an interlocal agreement that would <br />implement the financial plan and bring back a draft later this year. <br />