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• Draft Elements of an Interlocal Agreement Implementing County Authorized <br /> Sales Tax Revenues <br /> 1. Potential Agreement Parties <br /> Possible Options: <br /> a. Orange County-Triangle Transit Authority (Durham County-Triangle <br /> Transit Authority) <br /> b. Orange County-Durham County-Triangle Transit Authority <br /> c. Orange County-Triangle Transit Authority-Bus Service Providers (i.e. <br /> Chapel Hill Transit, Orange Public Transportation, or other) <br /> d. 1. Orange County-Triangle Transit Authority <br /> 2. Orange County-County Bus Service Providers and Financial <br /> Stakeholders <br /> 2. Governance <br /> a. The process for review and vote by the County, the MPO and Triangle <br /> Transit's Board of Trustees on any significant or substantial revisions <br /> to the Plan required by changes experienced in revenues received, <br /> capital costs, operating expenses, or other substantial issues affecting <br /> the Plan. <br /> • b. Technical advisory group <br /> 3. Financial Plan <br /> a. Triangle Transit funds disbursement to service providers <br /> b. Modification to revenue stream <br /> c. Plan implementation modification <br /> d. References to fare free service <br /> e. Annual plan review and reporting guidelines <br /> 4. Bus Service <br /> a. Route classifications <br /> b. Route performance standards <br /> 5. General Provisions <br /> a. Integrity of the goals of the original 'equitable use' of funds relating to <br /> service distribution. <br /> b. General guidelines for thresholds for level of service to ensure <br /> continued 'balance'. <br /> • <br />