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<br />ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: March 6, 2001 <br />Action Agency <br />Item No. ~~A <br />SUBJECT: Triangle Transit Authority - <br />DEPARTMENT: Planning <br />PUBLIC HEARING: (Y/N) No <br />INFORMATION CONTACT: <br />Karen Lincoln, ext. 2594 <br />3. Act to Authorize Supplemental TELEPHONE NUMBERS: <br />Registration Tax ... Hillsborough 732-8181 <br />4. Triangle TransitAuthorityCity/Couriiy Chapel Hill 968-4501 <br />Briefing Durham 688-7331 <br />5. Orange County Regional Transit Issues Durham 688-7331 <br />ATTACHMENT(S): <br />1. Letter from W. Bell <br />2. Act to Provide Quick-Take Procedures <br />In Eminent Domain Proceedings ... <br />PURPOSE: To receive a report from the Triangle Transit Authority (TTA) and to discuss <br />Triangle Transit Authority's prapasal fora $4.00 increase in the vehicle registration fee in <br />Orange County. <br />BACKGROUND: Jim Ritchie, Executive Director of Triangle Transit Authority, and other <br />officials with TTA will present a report to the BOCC. Materials associated with the <br />presentation are attached. <br />The Triangle Transit Authority (TTA) Board of Trustees is recommending two proposals <br />to be submitted to. the N.C. General Assembly for enactment during the 2001 legislative <br />session. The first. proposal is an act that will provide for quick-take procedures in eminent <br />domain proceedings by a regional public transportation authority. The other proposal would <br />allow, starting in 2004, a $4.00 increase (to the existing $5.00 fee) in the vehicle registration <br />taxes used to fund major transit improvements. The revenue so generated will primarily fund <br />an aggressive increase in bus services approved by the TTA Board this past year. Wake, <br />Durham and Orange Counties must approve the fee. <br />The attached document "Orange County Regional Transit Issues" outlines issues the <br />Board may wish to take into account when considering TTA's request to increase vehicle <br />registration fees in Orange County. <br />FINANCIAL IMPACT: There is no financial impact to the County regarding this item at <br />this time. However, if approved, the requested increase in vehicle registration fees may, in <br />2004, affect all Orange County residents who own cars or lightweight trucks. <br />RECOMMENDATION(S): The Administration recommends that the Board receive the <br />information and pose any questions to TTA officials prior to the Board's review, at the <br />appropriate time, of the proposed vehicle fee registration increase. <br />