Orange County NC Website
29 <br /> Danny Rogers said this is being looked into. He said value engineering is good, while <br /> cost cutting is not. <br /> Commissioner Pelissier said the formula for cost sharing with Durham and light rail was <br /> based on the sales tax revenue at that time, and she said it was discussed more specifically <br /> regarding what percentage of the stations were in one county versus the other. She said <br /> having NCCU added, does not nullify the formula, but is rather a new negotiation. <br /> Patrick McDonough said many formula options were tried, and the groups arrived at a <br /> conclusion based on number of bus hours being delivered in other parts of the plan. <br /> Commissioner Pelissier said she did not recall that. <br /> Patrick McDonough said both counties agreed that they had reached their desired <br /> value, which was how the agreement was signed. He said in the past there was no hard <br /> metric. <br /> Commissioner Pelisser asked if the same formula would be used when adding a <br /> station. <br /> Patrick McDonough said there was no specific determination, but he would defer to <br /> legal staff for clarification. <br /> Commissioner Pelissier referred to Commissioner Jacobs' comments about priorities for <br /> Orange County, and said transit is a priority, and another is affordable housing. She said <br /> these priorities go hand in hand. She said would like Go Triangle to provide information to the <br /> Board on, if light rail were to exist, and bus routes could be changed, could more affordable <br /> housing be provided, due to the increased availability of public transportation. <br /> Commissioner Rich said she is in favor of the NCCU extension, and the overall project. <br /> Commissioner Rich said she too would like to review the cost sharing amounts with <br /> Durham. <br /> Commissioner Rich said she would like more information about funding for joint <br /> development for transit and affordable housing. She said this topic has not been discussed <br /> nearly enough. She clarified that the task this evening is a vote on the NCCU extension, and <br /> receiving of the financial report. <br /> Danny Rogers said nothing is being requested on the financial side tonight. <br /> Commissioner Price said she is glad NCCU is now included. She said, going forward, <br /> negotiations will be necessary for how these increased costs for the project are funded. She <br /> said the extension will benefit Orange County residents as well as Durham residents. <br /> Commissioner Jacobs said the County has no jurisdiction for affordable housing, along <br /> the light rail line, since that falls under the Town of Chapel Hill. He said the County could ask <br /> to see the Town's plans for affordable housing at the upcoming Assemblies of Governments <br /> meeting. <br /> Commissioner Jacobs asked if the expectations of the Board, for the December 5th <br /> meeting, could be reiterated. <br /> Danny Rogers said the Board will be asked to give permission to put in the plan that <br /> Orange County will make the effort to fund the additional local funds necessary to fill the <br /> financial gap; the intent to work toward that end. He said a concrete commitment of actual <br /> funds will come at a later date. <br /> Chair McKee clarified that it will only be a commitment to intent. <br /> Danny Rogers said yes. <br /> Chair McKee asked if the timeframe for commitment of actual funds could be identified. <br /> Danny Rogers said in April 2017 there will be more definition of the plan, and <br /> commitment from the County to be a part of the plan is desired at that time. He said the <br /> commitment that is required, when action must be taken, would be when submission is made <br /> to the FTA to get into the president's budget in the summer of 2018. <br />