Orange County NC Website
1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: June 21, 2016 <br /> Action Agenda <br /> Item No. 7-d <br /> SUBJECT: Addition of Wake County to the Renamed Triangle Tax District and Approval of <br /> the Wake County Transit Plan and Multiparty Interlocal Transit Agreement <br /> DEPARTMENT: Planning and Inspections <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> 1. Letter from Wake County — Office of Bonnie Hammersley, County Manager, <br /> County Manager (919) 245-2306 <br /> 2. Multiparty Interlocal Transit John Roberts, County Attorney, <br /> Agreement (919) 245-2318 <br /> 3. Wake County Transit Investment Craig Benedict, Planning & Inspections <br /> Financial Plan Director, (919) 245-2592 <br /> 4. The Durham County Bus and Rail <br /> Investment Plan <br /> 5. The Bus and Rail Investment Plan In <br /> Orange County <br /> PURPOSE: To approve the addition of Wake County to the renamed Triangle Tax District and <br /> approval of the Wake County Transit Plan and Multiparty Interlocal Transit Agreement <br /> BACKGROUND: Durham and Orange counties approved their state authorized ability to <br /> implement the `Mobility Bill' transit tax as a part of the financial plan with the associated `Bus <br /> and Rail Investment Plan's (BRIP's) in 2012. Wake County is requesting two actions from <br /> Orange County to facilitate the expected addition of Wake County to the Triangle Tax District <br /> ("Special District"), the renamed and expanded district currently known as the Western Triangle <br /> Tax District. <br /> Wake County's participation in the Special District, if the funding is approved by Wake County <br /> voters through an advisory referendum, will allow the region to continue to work cooperatively to <br /> expand and improve transit options for the strongly linked communities. The actions requested <br /> are: <br /> 1) Approval of the Wake County Transit Plan, specifically the financial plan (see <br /> Attachment 3) as required by the Local Government Sales Tax Act ("the Act") North <br /> Carolina General Statute 105-508, et seq. The Act requires that in the event of <br /> expansion of the Special District, existing members must approve the financial plan of <br /> any new member; and <br /> 2) Approval & Execution of an Agreement Setting Forth the Mutual Understanding of the <br /> Parties as to the Scope and Content of the Financial Plan Between Research Triangle <br />