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Le PAF la cz>1� <br /> MEMORANDUM OF UNDERSTANDING <br /> RESEARCH TRIANGLE REGIONAL <br /> PUBLIC TRANSPORTATION AUTHORITY D/B/A GOTRIANGLE <br /> AND <br /> ORANGE COUNTY, NORTH CAROLINA <br /> THIS MEMORANDUM OF UNDERSTANDING(MOU)is made and entered into on the last date <br /> executed below, by and between the Research Triangle Regional Public Transportation Authority d/b/a <br /> GoTriangle (GoTriangle) and Orange County, North Carolina (Orange County). (As used in this MOU, <br /> GoTriangle or Orange County may be referred to individually as a "party" and collectively as the <br /> "parties.") <br /> RECITALS: <br /> WHEREAS,GoTriangle,in conjunction with the Federal Transit Administration(FTA),is designing the <br /> Durham-Orange Light Rail Transit(D-O LRT) Project;and, <br /> WHEREAS,the FTA issued its Record of Decision (ROD)for the D-O LRT Project on February 11, <br /> 2016.As set forth in the ROD,the D-O LRT Project is a 17-mile, 17-station light rail transit service which <br /> will provide connections between UNC Hospitals,the UNC campus,the William and Ida Friday Center for <br /> Continuing Education, Patterson Place,the South Square area, Duke University,the Duke University and <br /> Durham Veterans Affairs Medical Centers, downtown Durham,and east Durham; and <br /> WHEREAS, Orange County is a stakeholder in the D-O LRT Project and participates in <br /> coordination activities with GoTriangle; and, <br /> WHEREAS,the D-O LRT Project will benefit the community by providing accessible transit service <br /> and a competitive and reliable alternative to congested roadways that seamlessly serves many popular <br /> destinations in Durham and Chapel Hill; providing residents with better access to jobs, education and <br /> healthcare; and fostering growth, compact development, and economic development along a high- <br /> capacity transportation network. New development around station areas will create thousands of jobs <br /> and add millions of dollars in annual state and local revenue; and <br /> WHEREAS,the parties recognize the importance of the D-O LRT Project to Orange County, <br /> Durham County,the Research Triangle region, and the people of the State of North Carolina; and <br /> WHEREAS,the State of North Carolina has constrained the available funding mechanisms for <br /> light rail transit projects; and <br /> WHEREAS,Orange County acknowledges that additional non-federal funding sources must be <br /> identified and secured in order to successfully complete the D-O LRT Project; and <br /> WHEREAS, Orange County supports the D-O LRT Project as an advancement of the interests of <br /> the Orange County and general community; and <br /> 1 <br />