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14 <br /> by GoTriangle pursuant to authorizing resolutions and N.C.G.S. I05-508 et seq. or N.C.G.S.I <br /> 05-561 et seq. to which Wake County is a member,now or in the future. <br /> 2.06 "TRANSIT PLANS"shall mean the joint reference to the Wake County Transit Plan and <br /> the Durham-Orange Transit Plan as used herein. <br /> 2.07 "TRANSIT PLANNING ADVISORY COMMITTEE"or TPAC" shall mean an advisory <br /> committee as that term is defined in N.C.G.S. I60A-462, created and tasked with certain duties <br /> and responsibilities as detailed within the Transit Governance Interlocal Agreement for the <br /> implementation of the Wake County Transit Plan. <br /> 2.08 "TRANSIT GOVERNANCE iNTERLOCAL AGREEMENT"shall mean the Interlocal <br /> Agreement entered into between GoTriangle, as administrator of the Triangle Tax District; Wake <br /> County, a body politic and corporate; and CAMPO, the Metropolitan Planning Organization in <br /> Wake County for the implementation and governance of the Wake County Transit Plan;and <br /> 2.09 "TRIANGLE TAX DISTRICT" shall mean the tax district,also referred to as the <br /> Special District created by GoTriangle on or about May 25, 2016 pursuant to authorizing <br /> resolutions and N.C.G.S. 105-508 et seq. <br /> 2.10 "WAKE COUNTY FINANCIAL PLAN"shall mean the financial plan attached hereto <br /> as Exhibit B, required pursuant to N.C.G.S. 105-508.1 for the implementation of the Wake <br /> County Transit Plan. The initial Financial Plan is the Plan Implementation and Finance section <br /> set forth in pages 32-36 of the Wake County Transit Plan. The Wake County Financial Plan <br /> shall only include funds that would he budgeted and reported in the Wake Transit Plan major <br /> operating and capital funds,excluding plans from any other counties or associated with any other <br /> plans in the Tax District. The Wake County Financial Plan shall also segregate all Wake Tax <br /> Revenues and Wake Transit Plan Revenues from any and all Non-Wake County Revenues or <br /> Transit Plans associated with projects or expenditures that are not included in the Wake County <br /> Transit Plan. <br /> 2.11 "WAKE COUNTY TAX REVENUE" shall he defined as all revenues derived from transit <br /> funding sources in support of the Wake Transit Plan, which shall include the Y. percent local <br /> option sales and use tax as defined by N.C.G.S. 105-508; the County vehicle registration fee <br /> assessed by the Wake County Board of Commissioners in accordance with N.C.G.S. 105-570 et <br /> seq.; the increased pmtion of the regional vehicle registration fee assessed by GoTriangle in <br /> accordance with N.C.G.S. 105-561 e/seq.allocated to Wake County; and the portion ofvehicle <br /> rental tax collected by GoTriangle pursuant to N.C.G.S. 105550 et seq. and allocated to Wake <br /> County by the GoTriangle Board of Trustees. <br /> 2.12 "WAKE COUNTY TRANSIT PLAN"shall mean the document attached hereto as Exhibit <br /> A entitled "Recommended Wake County Transit Plan" dated December 2015, being that same <br /> document approved by the Wake County Board of Commissioners pursuant to a Resolution on <br /> June 6,2016; <br /> 2.13 "WAKE TRANSIT PLAN REVENUE" shall mean Wake County Tax Revenue,any <br /> 7 <br />