Agenda - 02-27-2014 - 1 - Laserfiche WebLink

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M Three such areas include 1 -40 and two 1 -85 interchange areas (a map will be shown at the meeting). Orange County, the Department of Transportation and Hillsborough Planning Staffs will work on an AMP proposal. Staff will provide an update and any other information at the meeting, and the Board can discuss issues related to this item as necessary. No Attachments d) Widening of Interstate 85, Especially Bridges Mayor Tom Stevens requested discussion of this topic at the meeting. Based on any initial comments by Mayor Stevens, the Boards can discuss issues related to this item as necessary. No Attachments 2. Transit This subject area provides the opportunity for the two governing boards to discuss the following items: a) Update on Orange County Bus and Rail Investment Plan ( OCBRIP) Implementation The Orange County Bus and Rail Investment Plan ( OCBRIP) was approved by the BOCC in June 2012. The OCBRIP provides local and regional transit opportunities including expanded bus service and proposed light rail. Voters in November 2012 approved a one -half cent sales tax to fund the local portion of the Plan and collection of the sales tax began on April 1, 2013. Additional background documents such as the adopted OCPRIP can be found via the following link, listed under transportation documents: http: / /www.co. orange. nc .us /planning /transportation.asp At the February 4, 2014 BOCC meeting, Triangle Transit presented its annual progress report, summary of draft updates to the OCBRIP financial assumptions, and revenue forecasts. These items can be found via the following link, listed under Agenda Item 7-a- http://www.co.orange.nc.us/occlerks/140204.pd f Triangle Transit will return to the BOCC in April or May seeking approval of updated OCBRIP financial assumptions, which must be approved by all three parties (Triangle Transit, Orange County, and the Durham - Chapel Hill - Carrboro MPO) to the Implementation Agreement. Staff will provide any other information at the meeting, and the Boards can discuss issues related to this item as necessary.