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34 <br /> <br />The Board received a quarterly update from GoTriangle on the status of the <br />implementation of the Orange County Transit Plan and more specifically on the status of the <br />Durham-Orange Light Rail Project. This quarterly update is prescribed by the Cost Share <br />Agreement between Durham County, Orange County, and GoTriangle. <br /> <br />BACKGROUND: <br />On April 27, 2017, the Board of Orange County Commissioners adopted the Interlocal Cost <br />Sharing Agreement for the Durham-Orange Light Rail Transit Project as well as the Orange <br />County Transit Plan. These agreements allowed GoTriangle to provide updated financial <br />information to the Federal Transit Administration (FTA) in support of GoTriangle’s application <br />to enter the engineering phase of the Durham-Orange Light Rail Project. On July 28, 2017, <br />GoTriangle received approval from the FTA to enter the New Starts Engineering phase of the <br />Capital Investment Grant Program. This project is now underway, and the engineering <br />component of the project is expected to reach the fifty percent (50%) completion milestone in <br />February. <br /> <br />The Cost Sharing Agreement requires GoTriangle to provide quarterly reports to the FTA, <br />Durham County, Orange County, and the Durham-Chapel Hill-Carrboro Metropolitan Planning <br />Organization (DCHC MPO). This quarterly report will update the Board on Transit Plan <br />implementation activities, contracting agreements that are in place for the Durham-Orange <br />Light Rail Transit Project, the status of funding sources for the light rail project, and the Transit <br />Oriented Development (TOD) planning work that is currently underway. <br /> <br />John Tallmadge, GoTriangle Regional Services Development Director, made the <br />following PowerPoint presentation: <br /> <br />GoTriangle <br />Durham-Orange Light Rail <br />Transit Project Quarterly Update <br />February 2018 <br /> <br />Status of the Transit Plans <br />• GoTriangle Annual Report <br />• Bus and Infrastructure Improvements <br />• Short-range Transit Planning <br />• Public Involvement <br />• Durham-Orange Staff Working Group <br />• New Administrator Mo Devlin <br /> <br />Matthew Clark, GoTriangle Government Affairs Manager, presented this portion of the <br />PowerPoint: <br /> <br />Light Rail Overview and Update <br />• Region is still on track for a federal investment of over $1.23 billion. <br />• Budget for the capital cost of the project is still set upon entry into engineering at <br />roughly $2.47 billion. <br />• Light rail engineering approaches the 50% design milestone in February. <br /> <br />Contracts and DBE Participation