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ORANGE COUNTY BOARD OF COMMISSIONERS <br />HILLSBOROUGH BOARD OF COMMISSIONERS <br />JOINT MEETING <br />AGENDA ITEM ABSTRACT <br />Meeting Date: February 23, 2012 <br />SUBJECT: Joint Meeting Discussion Items <br />DEPARTMENT: County Manager/Town <br />Manager/Town <br />Planning /County <br />Planning /Asset <br />Management/County <br />Economic Development <br />ATTACHMENT(S): <br />As noted in "Background" section <br />PUBLIC HEARING: (Y /N) No <br />INFORMATION CONTACT: <br />Frank Clifton, 245 -2300; Eric Peterson, <br />732 -1270; Margaret Hauth, 732 -1270; <br />Craig Benedict, 245 -2592; Pam Jones, <br />245 -2650; Steve Brantley, 245 -2325; Greg <br />Wilder, 245 -2300 <br />PURPOSE: To discuss topics of mutual interest between the governing boards of Orange <br />County and the Town of Hillsborough. <br />BACKGROUND: <br />1. Trans it/Transportation <br />This subject area provides the opportunity for the two governing boards to discuss the following <br />items: <br />a) Orange County Transit Plan and Potential One -Half (1/2) Cent Sales Tax <br />Referendum <br />Session Law 2009 -527 (also known as House Bill 148) adopted in 2009 permits `Triangle' <br />counties (Wake, Durham and Orange) to consider a public referendum to implement a one -half <br />(%) cent sales tax to pay for development and implementation of the Triangle Regional Transit <br />Plan. Triangle Transit is the regional transit authority that will implement the financial plans of <br />the counties. A Locally Preferred Alternative (LPA), identifying corridor and technology, has <br />been approved by the Metropolitan Planning Organization (MPO). The regional plan includes <br />different elements; and in Orange County the draft includes bus services, Bus Rapid Transit <br />(BRT), and Light Rail Transit (LRT). In Durham and Wake counties, commuter rail is included. <br />The draft Orange County Transit Plan for bus and rail specifies revenues, costs, borrowing, <br />financial assumptions (inflation, sales tax growth) and timing of new /expanded bus and rail <br />services to 2035. The Plan may also include other capital facilities such as park and ride lots, <br />