Orange County NC Website
2 <br /> Commissioner Jacobs asked if the Chair and Vice Chair would come back with a <br /> clarification of policy about having the BOCC represented on other boards, in positions that <br /> require an elected official; as well as other elected officials serving on BOCC advisory boards, <br /> but are not members of the BOCC. <br /> Commissioner Burroughs had no announcements or petitions. <br /> Commissioner Rich had no announcements or petitions. <br /> Commissioner Marcoplos had no announcements or petitions. <br /> Commissioner McKee said he handed out a request for information on the light rail <br /> project (LRT) containing several categories that he would like GoTriangle provide to the Board. <br /> He said his second handout was a list of items to evaluate the viability of the light rail system. <br /> These handouts are shown below. <br /> Commissioner McKee asked if staff would approach GoTriangle about obtaining this <br /> information. He petitioned that an arm's length independent review of the LRT, by a qualified <br /> consulting firm, begin immediately. He asked if the GoTriangle budget for the LRT could be <br /> posted on the County website, for public viewing. <br /> Information Request: <br /> Expenses: <br /> • Report of total expenses by quarter and by category for FY 2014 and 2015 <br /> • Report of expenses by month and by category for FY 2016 <br /> • Request that we receive monthly reports for expenses by category going forward to be <br /> delivered to finance by the 15th of the following month <br /> • Request a clarification of how administration cost are allocated to individual projects <br /> Income: <br /> • Request a definitive statement of what income sources are locked in (sales tax, fees) <br /> • Request a concise but definitive statement on what these sources of revenue are being <br /> spent on <br /> • Report on what if any credit rating Go Triangle has and what interest rate that will <br /> currently establish <br /> • Report on what the extra cost to the light rail project will be if that interest rate rises by <br /> 1% <br /> • Report on how Orange County would finance the requested (currently) 40,000,000.00 <br /> and what would the impact be on our credit rating and capacity if we borrow these <br /> funds <br /> Other: <br /> • Find the BRT study included in an August 2015 data dump and determine if LRT and <br /> BRT are compared using the same assumptions and modeling <br /> • Using original plan cost and revenue assumptions, create a flow chart outlining each <br /> individual item in the plan and how those assumptions have changed over time using <br /> Go Triangle power point presentations <br /> • Create a list of firms that have the ability to review the light rail plan and that are not <br /> currently engaged with Go Triangle or intending to seek work on this project. <br /> Environmental <br /> • Expected reduction in traffic and reduced travel time 15-501 year-by-year LRT versus <br /> BRT <br /> • Expected reduction in traffic on NC 54 year-by-year LRT versus BRT <br />