Agenda - 01-24-2017 - 6-a - Minutes

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26 1 Danny Rogers said their commitments are contingent on the project happening, but not 2 on Orange County's decision. He said these discussions have been happening on a parallel 3 path. 4 Commissioner Price asked if the $25 million, indicated in the presentation, is the total of 5 the cumulative private capital. 6 Danny Rogers said a plan is being created to present to the Federal Transportation 7 Administration (FTA). He said the $25 million is a placeholder, and the totals could be more. 8 Commissioner Rich said $25 million is a low number. 9 Danny Rogers said there is a limit as to how much can be put in the plan, until there are 10 more commitments. 11 Commissioner Dorosin said he wanted some clarification regarding the Board's task this 12 evening. He said there is a tight time line for the Board to give some kind of general approval 13 to this plan, which includes the BRT and Light Rail extension to NCCU. 14 Danny Rogers said nothing is being asked for right now, and they are still working 15 through this process. He said more defined financial information will be brought back to the 16 Board on December Si". He said the Board will be asked to make a commitment to help find 17 funding. 18 Commissioner Dorosin clarified that there have been changes to state law, which has 19 affected the costs. He said the Board must make a general policy commitment to understand 20 and accept these changes; and then the Board must make a commitment to try and find funds 21 to cover the increased costs. He said, today, that looks like an additional $4 million per year, 22 for 10 years from Orange County. He said that is about 2% of the County's budget. He 23 clarified that the Board is not being asked to vote on anything substantive this evening. 24 Commissioner Jacobs said the other element is if the Board wants to support the 25 expanded scope with the addition of NCCU. 26 Commissioner Rich asked if the $4 million is additional monies. 27 Danny Rogers said this would be outside of the current funding. 28 Chair McKee said the $4 million would not be covered by sales tax. 29 Commissioner Pelissier asked if the distribution between Orange County and Durham 30 County can be changed. She asked if there are opportunities for Tax Increment Financing 31 (TIF) in Orange County, like Durham County has. 32 Commissioner Pelissier said in December a Board intention for local funding will be 33 desired, and given the timeframe of the final design phase, in April 2017. She said the Board is 34 being asked to put a placeholder that says it has the intention to look but may or may not follow 35 through. 36 Danny Rogers read what the Board is being asked to consider endorsement or provide 37 comments on the Durham-Chapel Hill-Carrboro Metropolitan Planning Organization 38 amendments: 39 a. to the definition of its Locally Preferred Alternative (LPA)for the D-O LRT project; and 40 b. to the 2040 Metropolitan Transportation Plan (MTP) for the D-O LRT project. 41 Commissioner Pelissier clarified that the Board will need to give a firm commitment in 42 April 2017. 43 Danny Rogers said April is a timeframe for the GoTriangle and its partners; it is a gut 44 check to decide if it is worth investing this money. He said no County money would be spent at 45 that time. 46 Danny Rogers said the next real point in the process would be in the summer of 2018. 47 Chair McKee said there is a 5% change trigger that requires a re-look by their partners, 48 and asked Jeff Mann if there is a reason that these figures do hit that 5%. 49 Jeff Mann he said he would have to research this.