Orange County NC Website
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 Vill <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 />