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• Hold a referendum on a '/2 cent sales and use tax to fund public transportation <br /> • Increase the county vehicle registration fee up to $7.00 <br /> • Authorizes a Regional Public Transportation Authority to: <br /> • Increase the vehicle registration fee by and additional $3.00 <br /> • To levy tax, these requirements must be met: <br /> • Approval of County Commissioners <br /> • Develop and approve a financial plan in conjunction with Triangle Transit <br /> • Adoption by Metropolitan Planning Organizations <br /> • Adoption by Triangle Transit Board <br /> • County public hearing prior to referendum <br /> • Referendum passed by voters <br /> Special Orange County Considerations Relating to the Legislation: <br /> - Orange County intends to adopt a unique joint agreement with Triangle Transit to <br /> set the timing of the tax levy <br /> - Cost sharing agreement with Durham County regarding Light Rail costs <br /> Cent Sales Tax <br /> O '/2 cent sales tax will add 5 cents to a $10 retail purchase. <br /> O Food, pharmaceuticals, gasoline, housing and health care are exempt from the sales <br /> tax. <br /> VEHICLE REGISTRATION TAX <br /> - Orange County is authorized to impose a Vehicle Registration fee of$7.00 that can <br /> be used to support existing services. <br /> Orange County Draft Plan Overview <br /> - Background <br /> - Core Plan <br /> • Bus Capital Investment (2013-2017) <br /> • Bus Services (2013-2017) <br /> • Intercity Rail Station in Hillsborough (2015/2016) <br /> • Bus Lane(s) on MLK in Chapel Hill (2019) <br /> - Enhanced Plan <br /> • Core Plan <br /> • Light Rail Transit (2026) <br /> Background <br /> Special Transit Advisory Commission (STAC) recommendations (2008) <br /> DCHC-CAMPO Joint 2035 Long Range Transportation Plan Adopted (2009) <br /> NC House Bill 148:Congestion Relief& Inter-modal 21st Century Transportation <br /> Fund (2009) <br /> Option of/2 sales tax (referendum required) for public transportation purposes <br /> in Triangle and Triad <br /> Option of/4 cent sales tax (referendum required) for public transportation <br /> purposes in all other NC Counties <br /> Option of vehicle registration fee increase (up to $7) for public transportation <br /> purposes in all NC Counties <br />