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63 <br /> APRIL 6, 2017 DRAFT FOR DISCUSSION - NOT FOR SIGNATURE <br /> 6. The share of the County Contributions attributed to Durham shall be <br /> $ and the share of the County Contributions attributed to Orange <br /> shall be $ . This division of responsibility for the County Contributions <br /> reflects percentage shares of for Durham and for Orange. <br /> 7. The costs to operate and maintain the D-O LRT system (O&M Cost) will be paid first <br /> from light rail system fare revenues, with any remaining O&M Cost being paid from the <br /> Dedicated Local Revenues. <br /> 8. The division of responsibility for O&M Cost shall be allocated as follows: percent <br /> for Durham and percent for Orange. <br /> 9. Without further approval from Orange and Durham, GoTriangle shall allocate and pay <br /> for the counties' respective shares of the New Starts Project Cost and O&M Cost from <br /> the Dedicated Local Revenues in accordance with this Agreement and the 2017 County <br /> Plans. <br /> 10. GoTriangle may allocate and pay for the counties' respective shares of the New Starts <br /> Project Cost [Aiifrom the Dedicated Local Revenues on a pay-as-you-go basis and/or by <br /> issuing debt with a par value up to the amount committed in Paragraph 5 above. <br /> Consistent with North Carolina law and the 2017 County Plans, GoTriangle may use the <br /> Dedicated Local Revenues for the purposes of issuing and repaying debt. GoTriangle <br /> shall repay debt attributed to each county in accordance with the division of <br /> responsibility set forth in Paragraph 6 above. <br /> 11. If, during the term of this Agreement, federal CIG funds or state funds to be used for the <br /> D-O LRT Project are cancelled, terminated, withdrawn, or otherwise become unavailable <br /> for the D-O LRT Project, or if such federal CIG or state funds are reduced in an amount <br /> that requires additional local revenues beyond the County Contributions, the Parties <br /> shall meet within fifteen (15) business days to determine how to address the situation. <br /> Such response may include, but not be limited to the following: a schedule delay in one <br /> or more aspects of the D-O LRT Project; a reduction in the scope of the D-O LRT Project; <br /> suspension of the D-O LRT Project; working together to identify and pursue additional <br /> funding mechanisms to directly support the D-O LRT Project from sources other than <br /> the Dedicated Local Revenues; other reasonable steps to mutually address the situation; <br /> a combination of these measures; or discontinuation of the D-O LRT Project. <br /> If the Parties elect to discontinue the D-O LRT Project, the Staff Working Groups' shall <br /> convene within twenty (20) business days to begin the process to develop new transit <br /> plans for Orange and Durham so that funds generated by the Dedicated Local Revenues <br /> can be reallocated. <br /> 'As set forth in the Durham and Orange Implementation Agreements,the Staff Working Group for each County <br /> Plan consists of one voting member and one alternate from each of the following entities: the applicable county, <br /> GoTriangle,and DCHC MPO. <br /> 4 <br />