Orange County NC Website
30 <br /> Jeff Mann said when the final design phase is entered, money will be spent at a faster <br /> rate. He said this will be done with local funds until a full funding grant agreement is reached <br /> with the Federal Transit Administration (FTA), and state funding begins in 2019. <br /> Commissioner Jacobs asked for the timeline, if one looks at a calendar. <br /> Jeff Mann said state funding would not be available until 2019/2020, and federal <br /> funding not until 2020. <br /> Commissioner Jacobs said April 2017 is not a hard deadline, as there are funds to <br /> proceed; but the funds will just be spent at a faster rate. <br /> Jeff Mann said it is an internal checkpoint for them to see if the project is clear to go <br /> into the engineering phase. <br /> Commissioner Jacobs referred to the bus side of the funding, and said the BOCC <br /> received a presentation, and no consultation, regarding a bus rapid transit project (BRT) in <br /> Chapel Hill, which exceeds $100 million. He asked what would happen to this money if this <br /> project was removed from the bus side of the equation. <br /> Jeff Mann said the local share of the Chapel Hill BRT project is about $40 million. <br /> Commissioner Jacobs said the total is triple the amount of the original projection. <br /> Jeff Mann said yes, as the project was extended and more dedicated lanes were <br /> added. <br /> Commissioner Jacobs asked if this $40 million is removed, where would the funds go. <br /> Jeff Mann said removing the BRT project would be a modification to the bus and rail <br /> investment plan, and the BOCC would make a recommendation for the allocation of these <br /> funds. He said GoTriangle would not determine the purpose of these funds. <br /> Commissioner Jacobs said the funds could be put toward the gap. <br /> Jeff Mann said yes. <br /> PUBLIC COMMENT: <br /> Tony Blake said he is against light rail. He urged the Board not to approve the MOU <br /> until an independent cost analysis is completed, and the more hidden costs are known. He <br /> said if the BOCC wants to sign the MOU, he would suggest two amendments to it: no more <br /> spending on engineering of light rail until a cost benefit cost study is done. <br /> Alex Castro provided a handout, and asked what is the funding gap and why is there a <br /> funding gap. He said if all available funds go to the light rail, then other services will suffer <br /> such as local transit, OPT, etc. He said Light Rail will not serve its first customer until 2028. <br /> Ken Larsen said light rail is a giant vacuum cleaner to suck the money from all the <br /> taxpayers. He said the only benefactors are UNC and the developers. He does not want the <br /> Board to sign the MOU-Letter of Intent. <br /> Aaron Butner said he is a resident of Hillsborough from a modest background. He is a <br /> current employer in Chapel Hill, and asked the Board not to sign the Letter of Intent. <br /> Ed Tiryakian asked the Board not to sign the Letter of Intent. He said the MOU would <br /> put expectations on the County, and it goes against the will of the voters. He said the burden <br /> of financing has shifted heavily to Orange County. <br /> Sam Gharbo said the Board has a golden opportunity to be fiscally responsible. He <br /> said the Board could not find enough money for schools, and had to float a bond. He said if <br /> there is not enough funding for schools, where will the Board find double, if not triple that <br /> amount for this project. He wondered if the Board will be putting forth a light rail bond. He <br /> said the County is going to be rail poor. He said this was a bad idea four years ago, and it is a <br /> bad idea today. <br /> Olivia Truax said she is in support of the Light Rail project, and its many benefits to the <br /> residents of Orange County. <br />