Orange County NC Website
54 <br /> agreement dated May 15,2012 which allocates the shares of capital and operating expenses for <br /> the LRT rail project set forth in the Plan,and that Cost Sharing agreement is incorporated into <br /> this Agreement in full and as it may be amended from time to time by reference. <br /> 4. TTA agrees to provide reports to Orange and DCHC on the progress achieved <br /> toward implementation of the Plan and any substantial developments in revenues received, <br /> project or service cost experienced,or other pertinent factors under the Plan on an annual <br /> basis on or before November 1St of each year and as otherwise reasonably requested. <br /> 5. TTA shall work with the Chapel Hill Transit(CHT),Orange Public Transit("OPT"),and <br /> any other Orange County bus transit service provider named in the Plan to develop the process <br /> for distribution of funds for bus services each year on a quarterly basis or as otherwise agreed. <br /> For purposes of this Agreement the term"bus services"shall include both fixed route and <br /> demand response services. As is consistent with the revenues received and the other transit <br /> priorities under the Plan,TTA will provide estimated quarterly payments to the bus service <br /> providers for service provided with a reconciliation based upon actual expenses incurred by <br /> each provider on a subsequent quarterly basis or as otherwise agreed to. <br /> 6. All bus service providers receiving funding under the Plan will provide an annual <br /> financial report on existing bus services,their recommendations for new or continuing service <br /> priorities,their actual or expected costs and ridership information as reasonably requested to <br /> TTA on an annual basis or as otherwise agreed to. It shall be the responsibility of TTA to <br /> provide oversight of the new,enhanced or sustained bus services under the Plan to insure <br /> compliance with the Intermodal Act requirements. All other legal requirements under federal <br /> and state law shall be the responsibility of the respective bus service provider. TTA shall <br /> include a full descriptive report on bus services delivered under the Plan as a part of its annual <br /> reports to Orange and DCHC. <br /> � mo , � �ulf �VJI�".��.If�114;�-�.".�WVCIIIIII ��', <;��p��lf�u��lf`II" ";�n� �a�".�II".� Comment[]RS]:ChapelHillstaffcontinuesto <br /> l. ��Y�� IF"Ila��n �Ir��alla��.�tl�n<�tl a�llll fVal�na�ll�n5 f a�ti�.a���n tl <br /> �� d��n��,.'�'�IIII�WVCIIYn� �.V�.If`0.:�-�,. d"a����..;�o�r��r��';�6�JI0..�n �'6�JIYn�'�"�;�d.��.,I��II�, ���`��er��;�6�JI0.,.�n �'6�JIkn��;� d;� � �/�w,a!�Yn�'�"� ���`�'er�'�' objecttothis revised section 7_ The revised <br /> � �p � language grants Chapel Hill more funds derived <br /> ;�6JI0.';:�n'�'6�JI Yn�"�;�'d:�C.dI��. ��n��. 6JI;��.�'��"d:�n�:.;���. �6�JI;�,��:.If��110.';:��.'�'6�JI Yn�'�"�;�;��nd��llll ���. IIII I"Ifrlld���' d:�;�6�JI:V:V�If`d��'�'Yn��.WVC�6�JI;� from the$7 county registration tax to be used <br /> "� : � . .,�II kn �II<�0..�' for any transit system purpose_ However the <br /> tl �. <br /> '„ap":.If`�411Q;:p",.;a a!���L4p�,.d!�Yn�'�� �p�. �kn�� d' . p�.XII'a II dlfa��Yn;aII'd' ;a ,ad`p�'I"If'�tiap"',.If�411Q p�,'° ='Ilkn .VIIa!�Q';Tp�,.a�d d:lll"If'�p�,.�� d:�np�, <br /> :n� � :�n�' � • � • language limits%cent revenues to the support <br /> d'��"���:V'd:II�Yn�� d:�n�-�.Il�a;:d'�II��:V'd:II�Yn��0.';:�.knd;,�a�ll�-�.;�d:d'�X IIYn I�I�1A�-�.I"If'r��.lf`, ���,����. I��II�WVC�1A�',.If`,�.,I��II� a�Yn�'�"�C.dl�.��.I"If'rd'�� of newtransitsystem services and prohibits <br /> using these revenues(except as provided in <br /> 6�JI,��,.d!� �:V�If`d:II�Yn�'�'d'�n��,. �6�JI;�,��',.If�110.;:��,.'�'6�JIYn�'�"�;� �:Vlf`�1All����,.�'�"� Ilkn d:�n��,. I�IIa,�Yn'd:� �:Vd�� �'�If"d:�n�.IIYn0.',.If�-�,.d!�,��',.�"�0.';:�;�d:�'�' section8)tosupportsuchservicesinplaceat <br /> .XII'� II �d II /"�, .I Ifr�.knd II the time ofthe referendum vote_ Chapel Hill <br /> ��, ,d`�Yn�'�6JI��;���,.If"�110.�T��,.;��"�6�JIIf`Ilkn� d`�n��,.��6JIIf`a""�Yn��"d`�n�ll;�/P,�If`��,.��,"' Yn'd`�n��,. I"If'rd!�YnYn�,.lf`��"���,.".�0.;:If`�II���,.�'�"� ���,.II�WVC. staffprefers languagethatthe%cent revenues <br /> shall not be used to replace transit system <br /> expenditures in place priorto the time of the <br /> ��n�:. `��.,I��II� ",��na!�If`��,.��;��nd!�IIII ��.<'�� �.V��,.If`0.';:�.knda,��'��,.�'�"���,.If`�111A��,.�'�"� ���'�"��111A�11�'�"��Ilkn� d`�n��,.���.,I��II� Il�a';:d!�II ��,.X�:V��,.Yn��IId;6�Jllf`��,.;�'�'�If`�6�JIr� referendum vote thus making the revenues <br /> ;��:.If"�110.;:��.;��.<'��0.';:�n���.d��lf`��'d:�n�. d�'d:d'�II ��Il�a';:d'�II ��.X�"��.Yn�'�"�II'd:6�Jllf`��.;�'�'�If`�6�JI;�;���.If`1A110.';:��.;� ����" ., a� �dl�� IIYn availableto supportcostincreasesforcurrent <br /> d:�n�"II-II��",�Yn�'"�C. services ratherthan limiting the revenues solely <br /> d:�na�d'��,.d!�If`. .�.�n�,. "`C..dI�.�_±��nd!�If`�,.yy;��n<'�IIII ��,.d!� �:V�.If0.:�.knd:d!��'�,.�'"��,.If`II1A�,.�'"� ���'"�II1All��Ilkn� d:�n�,.C,.dI�.�.II�a';:d!�II tothesupportofnewservices_ <br /> ��,.x����,.�na'��II'tl'6�allr`��,.;� f�Ir`k�6�al;�;���,.Ir�alla.�:..���,.<�a:�n y��,.<�Ir`k�y tl��n��,.'tl'�tl<�II �f Il�a.<�II��,.x���.�na�ll'tl':6�allr`��,r° � , , .Ir�alla:��,.;� k�y <br /> .��.�ir 6air�r��, <br /> k��tl:�n�':;I�'ll����.a��na��C':��I�� Il�n tl':�n<�tl y��.<�Ir`. ��n�,. Ir`��.;����.a.tl:ll�a��,.�.,I�II� <��na'��C':��I�����.Il�a.a�ll�,.x����,.�na�lltl:6�allr`��,.;� f�Ir`k�6�al;�.��,.Ir`�alla:�,.;� <br /> Il�n<��nyy��,.a��lr`;��n<�IIII k���. k�a��;���,.a�Il�nll'tl':II<�Illly 6�a1����n tl�n��,.<�6�ala'��Iltl�.a� fll�n<��na.11a�ll;�'tl':<�tl��,.imlf'r��,.�n'tl;� f�Ir"tl':�n�. fll.�a':<�II y��,.<�Ir` <br /> p�,.Yn�'�"��IIYn�'.V6JIknp�.sl��.�, �4,���.��.�. 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