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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: December 2, 2013 <br /> Action Agenda <br /> Item No. 6-f <br /> SUBJECT: Disbursement of Vehicle Registration Tax Funds <br /> DEPARTMENT: Attorney and Finance PUBLIC HEARING: (Y/N) No <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> John Roberts, (919) 245-2318 <br /> Resolution Clarence Grier, (919) 245-2453 <br /> PURPOSE: To authorize the North Carolina Division of Motor Vehicles (DMV) to send funds <br /> from the seven dollar vehicle registration tax directly to Triangle Transit (TT). <br /> BACKGROUND: In December 2012 the Board of Commissioners imposed a seven dollar <br /> vehicle registration tax on all vehicles registered in Orange County. Although there have been <br /> implementation issues at the North Carolina Division of Motor Vehicles (DMV), DMV began <br /> collecting some of these funds earlier this year. Rather than submitting the funds to Orange <br /> County, DMV has submitted the funds to TT. Absent written authorization from the County this <br /> is not a lawful action. The attached resolution formally authorizes DMV to disburse these funds <br /> directly to TT. <br /> FINANCIAL IMPACT: Authorizing DMV to submit funds directly to TT will save staff work hours <br /> involved in receiving these funds and immediately sending the same funds to TT. <br /> RECOMMENDATION(S): The Manager recommends the Board adopt and authorize the Chair <br /> to sign the resolution. <br />