Orange County NC Website
20 <br /> Attachment 5, Exhibit 3 <br /> 1 NT L IMPLENFUTATION AGREEMENT <br /> FOR <br /> ORANGE COUNIY S AND RAIL S E I ` PLAN <br /> TW InterloCal AVeMent dated 2012 i en Into <br /> . .. .. . �ss aaaatiati� <br /> by and among an olunit , fit°" „,. " e'or,Nor (arolina ('01ra"W), <br /> the tt atim the reglonal <br /> trjosportatimi p1dinning agerKy tot,the am map , i, dff , oo urban area pursuant toy t 5 <br /> DOT regulabon CFR part 450 and 49 Pad,513('DC47),an 'the Rewrch T'riangte RegkmW <br /> Pubtic Transportation th a " i„ a regional public transportation <br /> ;auftft on er NtNCGS 160A(*TTAO' . e, D04C. and'TTA may bye refeffed to individuaDy as <br /> *P' aind colleaiveIV artai .This Affeernwit, made pursumt,to Article 20 of,chapwr <br /> 16OAofthe North Carofina ti., ali.. , u <br /> Parties each dew to proW&for t1refiture, transportation needs of Orange County <br /> and urro n�din , re " ,n,understanding that enhanced mobility options will ill soup <br /> quAW of life,strengthen ecmxxtuc development,strengthen hum humn services transportation, <br /> support air quality goals,and eMance suitainabi*)r, and <br /> In accord withi NCGS 105-500 et scxl.,("Inane if Acr),rm developed a financW Owt <br /> denoted a t1w, Orange County Bus and RM Investmerd,Plan w�� l to wt foith certain trap <br /> immwestments over the next my-three ars. This hm, been rewm` and approved <br /> the Orange County Board of County Ti mm e. C subject,to tlbe approval by the <br /> 8(XC of asathfactoiry Intedocal kriplementation ;ent,approwd in a similar fashion bly <br /> theTTA Ortard of°Trustees,andii approved in concept subject to a satisfactaty irnpiernentatim <br /> t 4,Ow Durham Chapel Hill Carrboro Metropokan Plannilig ° a it "on <br /> order In to prWdr, effective „ tt " n ofthe Plan,the parties hereby agmeto the <br /> fiAovAng Finns and pr e res <br /> L The Orainge Couoty s and R,ad lovestnenit Man is incorporated inuto this Agremnent <br /> in iN and as it maV be amended led to time by refermce. Except as otherwise provided <br /> in is nt the Plan shall govern dw Mocawo of tmn in cvst parameters an <br /> timetA*s,for de4ivery of o j and transit services,and the resped1w,rates o f t* Partles <br /> transit agemies in Provision of the, its and serAces card for dwrein.. <br /> 2� ftmulant to the n °pit Saks..tm Agreement between Orange and.Tt. <br /> dated May,29, t 2,TTA` TA reaffiffns its convnitment not to kNy the rent transit,sales s tai until <br /> the Orange a re-Aution re es ft'Tt ,to taike suclw action., <br /> I Orange, Durham Count (' ),and t previously executed an <br />