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Agenda - 10-02-2012 - 7e
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Agenda - 10-02-2012 - 7e
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Last modified
10/13/2015 10:57:35 AM
Creation date
9/28/2012 3:12:26 PM
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BOCC
Date
10/2/2012
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
7e
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Minutes 10-02-2012
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\Board of County Commissioners\Minutes - Approved\2010's\2012
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57 <br /> (C) An<��n�n�ai<�II increase or decrease in the overall project operating costs of the <br /> LRT project in the Plan of over 5%or more;or <br /> (D) An increase or decrease in the overall funds provided for bus service in the <br /> Plan of 5%or more;or <br /> (E) An<��n�n�ai<�II increase or decrease in the funds provided to Orange,the Chapel <br /> Hill/Carrboro/UNC Partnership,or TTA for bus service of more than 5%of the <br /> amount provided in the Plan or more than$300,000,whichever is greater. <br /> A proposed elimination or addition of any fixed guideway capital project shall be considered a <br /> material change to the Plan. <br /> 17.Any proposed change to the Plan that is deemed non-material shall be effective only <br /> upon its approval by the Orange County Manager,the Planning Manager of DCHC,and the <br /> General Manager of TTA. Any change whether material or non-material must be evidenced by <br /> a written document signed by both Parties. <br /> 18.The term of this Agreement shall be from the date first above recorded to and <br /> including June 30,2035. Upon its expiration the Agreement may be renewed upon mutual <br /> agreement of the Parties. The Agreement may be modified as needed upon mutual agreement <br /> of the Parties and may be terminated upon mutual agreement of the Parties or by either of the <br /> Parties upon a material breach by the other Party. Any modification must be in the form of a <br /> written agreement signed by both Parties. <br /> Understood and agreed to and effective as of the date written above,by: <br /> Orange County <br /> DCHC <br /> TTA <br /> Page � 5 <br />
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