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2 <br /> a. Revenues <br /> b. Operating and Capital costs <br /> c. Bus Services <br /> d. Funding levels to transit providers <br /> 12. Material changes in writing and approved by managers or other, <br /> 13. Term of Agreement. <br /> At its meeting on September 18, 2012, the BOCC provided staff with its final direction and <br /> requested that staff ineet to discuss associated revisions and return meeting with a final draft for <br /> consideration. <br /> Triangle Transit staff, specifically General Counsel Wib Gulley, have provided a draft of this <br /> agreement (Attachment 2) that has been reviewed and commented upon by all staff contacts <br /> provided at the beginning of this abstract. The most significant additions include adding the <br /> Durham-Chapel Hill-Carrboro Metropolitan Planning Organization as a "Party" to the Agreement <br /> and use of a portion of Plan funds to support existing bus services. <br /> Item number 7 of the draft Agreement continues to be the area of greatest contention with <br /> Chapel Hill Transit. County Manager Frank Clifton and Town of Chapel Hill Manager Roger <br /> Stancil discussed the proposed language for that particular area of the Agreement. The Town <br /> prefers to designate the '/2 cent local sales tax proceeds open for use in support of inflationary <br /> costs for existing Chapel Hill Transit operations. Generally, County, TTA and MPO staff believe <br /> that proposal contrary to the intent of the legislation and supplantation in concept. <br /> As framed, Item 7 within the draft implementation agreement does provide funding to support <br /> local transit operations by allocating the $7 local vehicle registration fee which is not prohibited <br /> by the legislation. <br /> For additional information on the Orange County Transit Plan and '/2-Cent Sales Tax Transit <br /> Referendum: http://www.co.orange.nc.us/planning/TransitPlan TaxRef.asp <br /> FINANCIAL IMPACT: None at this time. <br /> RECOMMENDATION(S): The Manager recommends the Board: <br /> 1. Approve the Bus and Rail Investment Plan and Interlocal Implementation Agreement; and <br /> 2. Authorize the Chair to sign on behalf of Orange County. <br />