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1 <br />ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: March 19, 2015 <br />Action Agenda <br />Item No. 3 <br />SUBJECT: Orange County Bus and Rail Investment Plan Annual Report and Update <br />DEPARTMENT: Planning and Inspections PUBLIC HEARING: (Y /N) No <br />ATTACHMENT(S): INFORMATION CONTACT: <br />A. Memo from Triangle Transit Bonnie Hammersley, Orange County Manager, 919 - <br />with Attachments (A -1, A -2, 245 -2300 <br />and A -3) David King, Triangle Transit General Manager, 919- <br />485 -7424 <br />This Item is a carry - forward from the March 5, <br />2015 work session cancelled due to weather. <br />PURPOSE: To receive Triangle Transit's annual report and update on the Orange County Bus <br />and Rail Investment Plan ( OCBRIP) and provide feedback. <br />BACKGROUND: The OCBRIP was approved by the BOCC in June 2012. The OCBRIP <br />provides local and regional transit opportunities including expanded bus service and proposed <br />light rail. Voters in November 2012 approved a one -half cent sales tax to fund the local portion <br />of the Plan and collection of the sales tax began on April 1, 2013. <br />This is the second annual report that Triangle Transit has provided to the Board, the first taking <br />place at the Board's February 4, 2014 meeting. <br />Attachment A is a memo from David King, General Manager of Triangle Transit (TTA), which <br />outlines its update and associated attachments. <br />Additional background documents such as the adopted OCBRIP and Interlocal Implementation <br />Agreement can be found via the following link, listed under Transportation Documents- <br />ht!p-://www.co.oran e.nc.us/planninq/transportation.asp <br />NEXT STEPS: <br />The following items will be coming to the BOCC in the near future: <br />1. Update on Durham - Orange Light Rail Transit Project (April 14 BOCC Work Session); and <br />2. OCBRIP financial updates for approval in accordance with the Interlocal Implementation <br />Agreement. <br />FINANCIAL IMPACT: There is no financial impact associated with receiving the annual report <br />and update. The OCBRIP serves as the financial plan for expending: <br />• Half -cent transit sales tax revenues; <br />• $7 County vehicle registration fees; <br />• $3 regional/TTA vehicle registration fees; and <br />