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25 <br /> BACKGROUND: <br /> At its November 15, 2016 meeting, the Board of County Commissioners (BOCC) received a <br /> presentation from GoTriangle staff that included the status of the D-O LRT project, proposed <br /> extension to North Carolina Central University (NCCU), and state, federal, and local funding <br /> changes. The BOCC endorsed the extension of the D-O LRT project to NCCU, but deferred <br /> any action to cooperate with municipalities in the County and to work together to identify, <br /> develop, and implement additional funding mechanisms to directly support the D-O LRT <br /> Project to a future meeting. <br /> An Orange County Assembly of Governments Meeting was held November 17, 2016 among <br /> the BOCC and Towns of Carrboro, Chapel Hill, and Hillsborough. At this meeting, GoTriangle <br /> presented the information previously shared with the BOCC to the larger group. There was <br /> considerable discussion among the group of attendees regarding the importance of the <br /> project, the increased local cost if the project were to move forward, and timeline for actions. <br /> Recent guidance from the Federal Transit Administration (FTA) indicates that the D-O LRT <br /> project must enter the Final Design phase by February 2017. In order to meet this milestone, <br /> GoTriangle needs the BOCC to approve the attached "non-binding" proposed memorandum of <br /> understanding this month. <br /> In the future, items for BOCC consideration include: <br /> • April 2017 — Amendments to the Orange County Bus and Rail Investment Plan <br /> (OCBRIP); and <br /> • June 2018 — Decision to commit any local funds included in the financial plan <br /> (OCBRIP). <br /> Durham-Chapel Hill-Carrboro Metropolitan Planning Organization Actions —At its December 14 <br /> meeting, the MPO Board will consider two separate amendments related to the extension of <br /> the D-O LRT Project to NCCU: 1) The extension needs to be included in its Locally Preferred <br /> Alternative (LPA) and 2) The extension needs to be included in its 2040 Metropolitan <br /> Transportation Plan (MTP). <br /> OCBRIP Amendments — Discussions are currently ongoing with a Staff Working Group to <br /> review and update the OCBRIP financial assumptions and associated services. GoTriangle is <br /> also working with a Funding and Community Collaborative to help identify revenue sources to <br /> close the funding gaps. The OCBRIP amendments will need to be approved by the three <br /> parties (Orange County, DCHC MPO, and GoTriangle) to the Interlocal Implementation <br /> Agreement. <br /> Jeff Mann made the following PowerPoint presentation: <br /> Durham and Orange Transit Plan Funding Needs <br /> Orange County Board Of Commissioners <br /> December 5, 2016 <br /> Clarifications <br /> Durham and Orange counties are being asked to provide non-binding letters of intent to <br /> work with GoTriangle and other community partners to identify funds to complete the Durham- <br />