Agenda - 02-21-2023; 8-d - Durham & Orange Transit Plan Governance Study – Interlocal Agreement Between OC, Durham-CH-Carr MPO, and Research Triangle Regional Public Transportation Authority

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17 e. Shall serve as the coordinating agency between the Parties, N.C. Department of Transportation, and federal agencies including but not limited to the Federal Highway Administration,the Federal Transit Administration, and the Federal Railroad Administration when coordination of regional need is deemed necessary by the SWG; f. Shall coordinate, as needed,to review and approve documents, as defined in Article II or in subsequently developed policies & procedures that support transit plan implementation, by the DCHC-MPO Executive Board; g. Shall coordinate approval of the Multi-Year Vision Plan by the DCHC-MPO Executive Board; h. Shall identify projects using federal transit funding and ensure that the multi-year operating program,the Annual Operating and Capital Budgets including such projects are coordinated with the MPO's annual planning for projects process and Transportation Improvement Program; i. Shall comply with N.C.G.S. 143-6A-4,the "Iran Divestment Act Certification"; j. When applicable and appropriate, shall apply for, secure, and direct reasonably available funding toward components of the Orange County Transit Annual Work Program consistent with its other responsibilities within the MPO; k. Shall program and administer funding, including but not limited to grant funding, and perform all required duties to apply for, coordinate, and align transit funding if applicable and appropriate, with other transportation investment and state and federal funding; and I. Shall perform any other actions consistent with the powers and duties set forth in 23 U.S.C. 134 et seq.,49 U.S.C. Chapter 53 and as recognized under the laws of North Carolina pursuant to N.C.G.S. Chapter 136. 5.03 GoTriangle shall carry out its legal, contractual, fiscal, and fiduciary duties as a unit of local government as follows: a. Shall administer and manage the Tax District, including carrying out its legal, contractual,fiscal, and fiduciary duties; b. Shall comply with the responsibilities of a local government prescribed by the North Carolina Budget and Fiscal Control Act; c. Shall adhere to the Financial Plan as defined by this Agreement, and any amendments authorized thereto; d. Shall adhere to the Equitable Use of Net Proceeds within or to benefit the Special District as defined in this Agreement; e. Shall distribute the Financial Plan to each unit of local government within its jurisdiction in accordance with N.C.G.S. 105-508.1; f. Shall use or expend all Dedicated Local Funding Sources only as specifically budgeted in the approved Orange County Transit Annual Work Program; g. Shall not pledge, represent, appropriate, or covenant to appropriate any portion of the Dedicated Local Funding Sources to cover any debt service, encumbrances, or operating or other expenses that do not arise from the Orange County Transit Annual Work Program;