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Agenda - 06-21-2016 - 7-d - Addition of Wake County to the Renamed Triangle Tax District and Approval of the Wake County Transit Plan and Multiparty Interlocal Transit Agreement
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Agenda - 06-21-2016 - 7-d - Addition of Wake County to the Renamed Triangle Tax District and Approval of the Wake County Transit Plan and Multiparty Interlocal Transit Agreement
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8/15/2016 10:05:10 AM
Creation date
6/17/2016 10:42:47 AM
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BOCC
Date
6/21/2016
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
7d
Document Relationships
2016-437 BOCC - Clerk to the Board Certification of Action of the OC BOCC - 6-21-16, Item 7-d
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\Board of County Commissioners\Contracts and Agreements\General Contracts and Agreements\2010's\2016
Minutes 06-21-2016
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\Board of County Commissioners\Minutes - Approved\2010's\2016
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45 <br /> centers such as downtown Durham, the Universities, the Research Triangle Park, and the <br /> Raleigh-Durham International Airport. <br /> Additionally, the plan will provide core infrastructure investment that will help support <br /> the goals and objectives of Durham's local land use plans. In particular, as evidence in <br /> communities across the country, investment in light rail has proven to be a great <br /> motivator for private companies to build transit-oriented development (TOD) at station <br /> locations along the rail corridor. This kind of more intense development generally consists <br /> of a mixed-use, walkable environment that can allow a more sustainable alternative to the <br /> suburban growth pattern that exists today, without paralyzing the suburban options. <br /> All of the elements listed in the Durham County Bus and Rail Investment Plan are fiscally <br /> constrained. The Plan has been conservative in revenue assumptions and through added <br /> contingencies for capital and operating expenditures. <br /> The plan has been shared with the general public, Durham City Council, the DCHC MPO <br /> and the Durham Board of County Commissioners. The plan was considered and approved <br /> by the DCHC MPO, the Triangle Transit Board of Trustees, and the Durham County Board <br /> of Commissioners in June 2011. The Durham Board of County Commissioners set <br /> November 8, 2011 as a referendum date. Once a voter referendum passes and the <br /> one-half cent sales tax is levied, work can begin on implementation of the Bus and Rail <br /> Investment Plan. <br /> Page 116 <br />
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