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EXHIBIT A <br /> pg. 44 of 69 <br /> H. FTA Formula Funds <br /> The plan assumes that new bus serviceswill receive partial operating and capital cost <br /> contributions through existing formula programs established by the Federal Transit <br /> Administration(FTA),and that transit agencies in Orange County will receive those <br /> contributions in accordance with historical pattems of funding that existing transit services <br /> have received.Over the life of the plan to 2035,FTA Formula funds are expected to total <br /> $70.9 million in Year-Of-Expenditure(YOE)dollars in Orange County. <br /> I. Additional Revenue Sources <br /> This draft Bus and Rail Investment Plan does not rely on additional municipal contributions, <br /> public or private third party contributions or value capture forms of revenue. <br /> VI. ORANGE FINANCIAL PLAN DATA <br /> The following is a list of the total spending for each technology and category identified in the <br /> Orange County Bus and Rail Investment Plan to 2035.All figures are in Year of Expenditure <br /> dollars(YOE)unless otherwise noted. <br /> • Light Rail Capital:$4183 million($316.2 million In 2011 dollars) <br /> • Light Rail Operations:$59.1 million <br /> • Bus Capital: <br /> • MLK Bus Lanes-$24.5 million <br /> • Miscellaneous Bus Capital Projects-$6.7 million <br /> • Buses purchased-$17.6 million <br /> • Bus Operations:$106.8 million <br /> • Hillsborough Intercity Rail Station:$8.9 million($8.0 million In 2011 dollars;Orange <br /> County will only be responsible for a 10%matching contribution to total cost) <br /> • Amount of debt service payments made by Triangle Transit through 2035:$19.2 <br /> million <br /> Note Regarding Borrowing:Amount borrowed by Triangle Transit to execute <br /> the plan:$25 million(this number Is larger than the line above because debt <br /> payments are over 30-year terms and continue past 2035) <br /> Additional specific financial Information on each of these plan elements can be found In the <br /> Appendices. <br /> VII.AGREEMENTS <br /> I <br /> IMPLEMENTATION AGREEMENT:ANNUAL REVIEW AND CHANGES TO THE PLAN <br /> The Bus and Rail Investment Plan in Orange County details the specific elements of local and <br /> regional bus service,and Light Rail service to be added In Orange County over a 23-year <br /> period. Because of the longtime frame for implementation of the Plan and Its major capital <br /> projects,overtime there will be changes and revisions made to the Plan. As the statutory <br /> implementation agency,Triangle Transit will work with Orange County,the OCHC <br /> Metropolitan Planning Organization(MPO),and the towns of Chapel Hill,Carrboro, <br /> 9/27%2012-Page( 25 <br /> i <br />