Orange County NC Website
25 <br /> Operating or Capital Project Funding Agreements shall have at least two signatories from <br /> appropriate parties and shall also adhere to the following: <br /> a. MPO Role with Managed Funding: If a project is covered by a master operating or <br /> capital funding agreement that involves federal or state funding that is otherwise under <br /> the distribution and program management responsibility of DCHC MPO, or regardless of <br /> funding source, constitutes a regionally significant project as defined in 23 CFR § <br /> 450.104, DCHC MPO shall be a party to the agreement. <br /> b. Tax District Administrator Role:The tax district administrator shall always be a party to <br /> each agreement. <br /> c. County Role: In addition to being a party to any agreement where the County serves as <br /> the project sponsor,the County shall be a party to each agreement where the tax <br /> district administrator is also the project sponsor. <br /> d. Agreement where a special case exists. Parties to an operating or capital project <br /> agreement shall be brought to the tax district administrator as a recommendation for <br /> review and approval by the SWG when a special case arises outside the three categories <br /> described in 7.08.a-c <br /> e. Standalone Agreement Need: When an operating or capital project of significant cost is <br /> programmed and approved, members of the SWG shall review and determine a <br /> significant-cost threshold that requires a standalone agreement to be developed and <br /> signed by all appropriate parties. <br /> 7.08 Interim Work Program. In the event a resolution cannot be met to address the list of issues or <br /> technical corrections upon a vote of denial from either party highlighted in 7.03 & 7.05, an <br /> interim work program will be utilized for the upcoming fiscal year, pursuant to N.C.G.S. 159-13, <br /> until such time as a new work program is adopted by the parties identified in 7.04 and 7.05. In <br /> the case that an interim budget goes into effect, the current year operating budget will be <br /> assumed for the upcoming fiscal year. No additional capital expenses will be approved, nor any <br /> additional reimbursements paid for capital projects, until such time that a new work program is <br /> adopted by the parties identified in 7.04 and 7.05.This interim budget does not require <br /> approval of either body in 7.04 or 7.05. In the event an Interim Work Program is enacted, and <br /> specialized fiscal analysis is required to further inform achieving a new Annual Work Program, <br /> the tax district administrator shall bring such request to the SWG for review&approval. <br /> Article VIII <br /> Process for Recommendation,Approval, and Development of Orange County Transit Multi-year Vision <br /> Plan <br /> 8.01 The Multi-year Vision Plan shall include the component documents outlined in Section 2.038. <br /> The plan shall be assembled and reviewed in accordance with the Annual Work Program <br /> Development Calendar or other agreed upon schedule based on timing and need for multi-year <br /> plan adoption. <br /> 8.02 The SWG shall recommend the Multi-Year Vision Plan to the Orange County Board of <br /> Commissioners, DCHC MPO Board and the GoTriangle Board of Trustees for approval in <br />