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Agenda 6-b - Authorization for the Chair to Sign a Letter Regarding Measures to Address the State Funding Shortfall in the Durham-Orange Light Rail Project
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Agenda 6-b - Authorization for the Chair to Sign a Letter Regarding Measures to Address the State Funding Shortfall in the Durham-Orange Light Rail Project
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8/30/2018 4:00:44 PM
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BOCC
Date
9/4/2018
Meeting Type
Regular Meeting
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Agenda
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6-b
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5 <br />estimates, Durham County's dedicated transit revenues are robust and sufficient to cover the revenue <br />shortfall. Durham County is committed to using these additional funds for this purpose. <br />We make these additional commitments with an understanding of the Project's schedule and specifically <br />the anticipated execution of a New Starts Full- Funding Grant Agreement in September 2019. In addition <br />to our funding commitment, we commit to updating any related documents in support of GoTriangle's <br />application for the Full- Funding Grant Agreement. We also understand the significance of FTA's planned <br />risk assessment for the Light Rail Project, and we recognize the importance of the capital campaign led <br />by GoTransit Partners. We will continue to work together with our partners to ensure that both <br />endeavors are successful. <br />The Durham - Orange Light Rail Transit Project connects 3 major universities, 3 major hospitals, and 3 of <br />the top ten employers in North Carolina, but it does more than that. It will lay the foundation for the <br />next century of progress in our region and it will play an essential role in North Carolina's continued <br />success. For these reasons, Durham County maintains its unwavering support, as evidenced by our <br />Board's unanimous vote in support of this letter at our August 27th, 2018 public meeting. <br />Sincerely, <br />Wendy Jacobs, Chair <br />Durham Board of County Commissioners <br />Durham County Administrative Complex 1 200 East Main Street, Durham, NC 27701 I (919) 560 -0025 Fax (919) 560 -0013 <br />Equal Employment /Affirmative Active Employer I Website: http://www.dconc.gov/ <br />
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