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Agenda - 04-04-2017 - 6-b - Davenport & Company Independent Financial Review of Go Triangle Durham-Orange Light Rail Transit Financial Plan
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Agenda - 04-04-2017 - 6-b - Davenport & Company Independent Financial Review of Go Triangle Durham-Orange Light Rail Transit Financial Plan
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3/31/2017 8:57:15 AM
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3/31/2017 8:54:10 AM
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BOCC
Date
4/4/2017
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
6b
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Minutes 04-04-2017
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\Board of County Commissioners\Minutes - Approved\2010's\2017
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2 <br /> The presentation will clarify the total costs of the project, the financing mechanisms used to <br /> fund the project, and the financial risks associated with the project including credit, cash flow, <br /> and any potential budget implications. <br /> FINANCIAL IMPACT: There is no financial impact associated with receiving this information. <br /> The information is intended to inform the Board's consideration of the Orange County Transit <br /> Plan which governs the use of transit taxes and fees generated in Orange County. <br /> SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is applicable to <br /> this item: <br /> • GOAL: ENABLE FULL CIVIC PARTICIPATION <br /> Ensure that Orange County residents are able to engage government through voting <br /> and volunteering by eliminating disparities in participation and barriers to participation <br /> Providing financial information to residents results in increased civic engagement. <br /> RECOMMENDATION(S): The Manager recommends that the Board accept the Davenport <br /> independent financial review as information. <br />
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