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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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Path:
\Board of County Commissioners\Minutes - Approved\2010's\2016
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55 <br /> The following chart depicts how revenue will be appropriated initially to the various transit <br /> providers—Chapel Hill Transit, Orange Public Transit, and Triangle Transit. <br /> 8,200 CHT <br /> 24% <br /> OPT <br /> 4,118 * TTA <br /> 12% 22,332 <br /> 64% <br /> Provider Hours % Share of <br /> Revenue <br /> CHT 22,332 64% <br /> OPT 4,118 * 12% <br /> TTA 8,200 24% <br /> Total 34,650 100% <br /> Operating Cost for TT/CHT is$97/hr; OPT cost is$58/hr <br /> *The above chart uses a blended formula for operating costs. Since operating cost <br /> for OPT are currently$58/ hr,the 4,118 hours will result in 6,887 hours at that <br /> $58/hr rate. <br /> • See Appendix for more detailed information about specific bus routes and proposals <br /> 9/27/2012-Page 18 <br />
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