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13 <br /> , , III <br /> rrr,,,,,,,,,% 111 <br /> j � <br /> .III. ,,,�r, ,11 n rc� � 1 e f i1 <br /> „ . I <br /> GoTriangle Complete DOLRT application to Sign contract, begin DOLRT Apply to include DOLRT <br /> Action Engineering Phase Engineering Phase in President's Budget <br /> Provide non-binding letter of intent to work Review/Approve updated Commit any local funds <br /> Local Gov't Action w/GoTriangle to identify funds to complete county Transit Plans with be part of DOLRT <br /> DOLRT planned revenue assumptions financial plan <br /> Staff Working Work with GoTriangle to refine County Present revised plan to elected Review Plan Progress <br /> Group Transit Plan Assumptions officials w/GoTriangle <br /> Private Partners Provide non-binding letters of intent for Additional commitments Sign agreements to <br /> land/other commitments identified make commitments offic <br /> 1 Town Council Member Cianciolo asked Danny Rogers if he could identify when the <br /> 2 Federal Transportation Administration (FTA) dropped the cap from $125 to $100 million. <br /> 3 Danny Rogers said this information was received in the last 3 weeks. <br /> 4 Town Council Member Ciancolo asked if up until that time there was no gap. <br /> 5 Danny Rogers said yes. <br /> 6 Town Council Member Cianciolo asked what will happen if the FTA funding drops back <br /> 7 to $75 million. <br /> 8 Danny Rogers said the $100 million has been the bar that the FTA has used for a while. <br /> 9 Chair McKee said there is a new day in Washington, and it is an unknown. He asked if <br /> 10 money spent will be reimbursed, if approval is not received in April. <br /> 11 Danny Rogers said if there is a full funding grant agreement with FTA, and all money <br /> 12 spent so far is eligible for reimbursements. He said if engineering does not begin by the end of <br /> 13 February, the project will fall out of the New Starts program. He said if the project is able to get <br /> 14 back into the New Starts program, the time period between leaving the program and being <br /> 15 reinstated, would not be eligible for reimbursement. He said if the project does not proceed at <br /> 16 all, then no monies are eligible for reimbursement. <br /> 17 Chair McKee said this is the first he has heard of this information in the last six years. <br /> 18 Chair McKee said there is another stop point in June 2018 and asked, if everything is <br /> 19 not in place at that point, could there be ramifications. <br />