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2016-472 Co Attorney - Wake County, et al for scope and content of the financial plan (not final)
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2016-472 Co Attorney - Wake County, et al for scope and content of the financial plan (not final)
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5/24/2018 4:34:02 PM
Creation date
1/28/2019 2:37:47 PM
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BOCC
Date
9/1/2016
Meeting Type
Work Session
Document Type
Agreement
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Manager signed
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$0.00
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For BG-MPO: Burlington-Graham Metropolitan Planning Organization <br /> 425 S. Lexington Ave. <br /> Burlington,NC 27215 <br /> For CAMPO: Capital Area Metropolitan Planning Organization <br /> Executive Director <br /> One Bank of America Plaza <br /> 421 Fayetteville Street, Suite 203 <br /> Raleigh,NC 27601 <br /> For Wake County: Wake County Manager <br /> Wake County Justice Center <br /> 301 S. McDowell St. <br /> Raleigh,NC 27601 <br /> With a copy to Wake County Attorney <br /> Wake County Justice Center <br /> 301 S. McDowell St. <br /> Raleigh,NC 27601 <br /> ARTICLE IV <br /> THE TRIANGLE TAX DISTRICT FINANCIAL PLAN <br /> 4.01 Financial Plan. The Financial Plan for the Triangle Tax District shall be the three <br /> financial plans referred to herein as the "Durham and Orange Bus and Rail Financial Plans" and <br /> the "Wake County Financial Plan," , including any future amendments to the same, said plans <br /> being incorporated by reference and attached hereto as Exhibits A and B, hereinafter jointly <br /> referred to and combined as the"Triangle Tax District Financial Plan." <br /> a) Durham and Orange Bus and Rail Financial Plans. The Financial Plans as defined herein <br /> that are contained in the Durham and Orange Bus and Rail Investment Plans attached <br /> hereto as Exhibit A, which shall continue to govern the expenditure of all proceeds <br /> collected on behalf of Durham and Orange counties by and through GoTriangle, as <br /> administrators of the Durham and Orange Bus and Rail Investment Plans. <br /> b) Wake County Financial Plan. The Plan attached hereto as Exhibit B, which shall govern <br /> the expenditure of any proceeds collected on behalf of Wake County by and through <br /> GoTriangle for the implementation of the Wake County Transit"Plan. For clarity, all <br /> Wake County Tax Revenue and Wake County Transit Revenue collected by and through <br /> GoTriangle shall be accounted for separate and apart from any revenues collected on <br /> 11 <br />
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