Orange County NC Website
11 <br /> a. Local Funding Source that allows supplantation:the County Vehicle Registration Tax <br /> (N.C.G.S 105-570)which is levied at its maximum amount of$7.00 per year; <br /> b. Local Funding Sources that do not allow supplantation: <br /> i. Local Government Sales and Use Taxes for Public Transportation (N.C.G.S. 105- <br /> 506:514) which is levied at its maximum allowable rate of one-half percent <br /> (non-supplantation cited in N.C.G.S 105-507.3.b); <br /> ii. Regional Transit Authority Registration Tax(N.C.G.S. 105-560:569)which is <br /> levied at its maximum amount of$8.00 per year with $3.00 of each $8.00 <br /> collected allocated locally to Orange County(non-supplantation cited in N.C.G.S. <br /> 105-564). <br /> 2.037 "Tax District" shall mean any tax district administered by GoTriangle pursuant to authorizing <br /> resolutions and N.C.G.S. 105-508 et seq. or N.C.G.S 105-561 et seq. to which Orange County is a <br /> member, now or in the future. <br /> 2.038 "Transit Plan," or"Multi-Year Vision Plan," shall mean the comprehensive multi-year vision plan <br /> for transit operating and capital needs over a period of time of at least 4 years,through <br /> coordination with the DCHC-MPO Metropolitan Transportation Plan adoption process and shall <br /> also be prepared by the SWG for approval by appropriate governing boards, which shall include <br /> all the separate components of: <br /> a. Multi-year Capital Improvement Plan <br /> b. Annual Operating Program, or Multi-Year Service Implementation Plan,which shall <br /> include assumptions for administrative staff needs to support plan implementation <br /> efforts across the period of time defined by the Transit Plan <br /> c. Financial Plan (as defined in section 2.016) <br /> d. Update of the Financial Model Assumptions (if applicable) <br /> 2.039 "Triangle Tax District" shall mean the tax district, also referred to as the Special District created <br /> by GoTriangle on or about May 25, 2016, pursuant to authorizing resolutions and N.C.G.S. 105- <br /> 508 et seq. <br /> 2.040 "Comprehensive Participation Agreement" shall mean an agreement that formally invites <br /> parties to participate in plan implementation elements that are not explicitly parties to this <br /> Transit Governance Interlocal Agreement. <br /> Nothing herein shall prevent Orange County from entering a mutually negotiated Cost Sharing <br /> Agreement with other jurisdictions for any regional transit projects or systems so long as they are <br /> detailed in the Multi-Year Vision Plan. <br /> Article III <br /> Staff Working Group ("SWG') <br /> 3.01 SWG Established.The Parties hereby establish the Orange County Staff Working Group ("SWG'). <br /> Pursuant to the authority set forth in this Agreement,the SWG shall coordinate planning and <br /> oversee the implementation of the Annual Work Program, as well as facilitate development of <br /> elements for the Multi-Year Vision Plan. It shall also serve in an advisory role to the Orange <br /> County Board of Commissioners, DCHC MPO Board and GoTriangle Board of Trustees. <br />