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25 <br /> Travis Myren said yes. <br /> Bonnie Hammersley said after the meeting on April 27th staff will start the next steps <br /> with a timeline. <br /> Chair Dorosin said there is an anticipated rail dividend that will free up bus hours now <br /> covered by light rail. He said this will be a boost mostly to Chapel Hill bus services. He said <br /> this could be added into the ultimate percentage that is resolved, so that other resources could <br /> be directed to Orange Public Transportation or GoTriangle. <br /> Travis Myren resumed the PowerPoint presentation: <br /> Next Steps <br /> O Discuss the Draft Cost Share Agreement and Changes to the Orange County Transit <br /> Plan <br /> O Direct staff to prepare final documents for consideration <br /> Ted Cole said he has the answer to Commissioner McKee's question about costs. He <br /> said the entire pro forma out to 2062, all of the Orange County Tax district revenues that are <br /> collected are $1,020,000,000. He said at the end of 2062 there will be about $40 million in the <br /> reserve, which means about $980 will be spent over that term. <br /> 2. Adjournment <br /> A motion was made by Commissioner Rich, seconded by Commissioner Burroughs to <br /> adjourn the meeting at 9:52 p.m. <br /> VOTE: UNANIMOUS <br /> Mark Dorosin, Chair <br /> Donna Baker <br /> Clerk to the Board <br />