OTHER-2023-011 Transit Governance Interlocal Agreement between Orange County Durham-Chapel Hill-Carrboro Metropolitan Planning Organization and Research Triangle Regional Public Transportation Authority

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i i 4 . 03 Amendment . The Parties will conduct a coordinated review of the Agreement at least every four j ( 4 ) years to consider any desired updates through the Agreement amendment process . If any I Party desires to amend the Agreement outside the ( 4 ) four-year review cycle, then the proposed amendment and the reasons for the proposed amendment shall be communicated in writing to the other Parties . If the Parties agree to the proposed amendment, then the amendment shall be affected by entering a written amendment to the Agreement . An amendment that does not change the substantive or financial commitments of the Agreement may be executed by the Orange County Manager, the DCHGMPO Executive Director, and the GoTriangle Chief Executive Officer . Any other amendment to the terms of this Agreement to be effective must be in the form of a written instrument properly authorized and executed by the governing boards of each Party to this Agreement . Article V Responsibilities, Financial Duties and Assumptions of the Parties The responsibilities of the Parties are as follows . 5 . 01 Orange County shall carry out its legal , contractual , fiscal , and fiduciary duties as government as follows : a . Shall provide staff to serve on the SWG ; b . Shall enter into Capital Funding Agreements and Operating Funding Agreements to study, plan , and construct public transit infrastructure capital Implementation Elements for which Orange County is a designated project sponsor and/or providing funding in - part or wholly and to deliver such Implementation Elements as identified within the Orange Transit Annual Work Program and or the Orange Transit Multi -Year Vision Plan ; c . Shall provide required financial and status reports on Implementation Elements for which Orange County is providing funding in - part or wholly ( i . e . , serving as a project sponsor) ; d . Shall coordinate approval of the components of the Annual Work Program identified in Section 2 . 011 by the Orange County Board of Commissioners, e . Shall coordinate , as needed , to review documents, as defined in Article II or in subsequently developed policies & procedures that support transit plan implementation , and recommend for approval by the Orange County Board of Commissioners when necessary; f. Shall coordinate approval of the Multi -Year Vision Plan identified in Section 2 . 038 by the Orange County Board of Commissioners; g . Comply with N . C . G . S . 143 - 6A4, the " Iran Divestment Act Certification " s h . Perform other any other actions consistent with the powers and duties set forth in N . C . G . S . Chapter 153A and N . C . G . S 105 - 561 et seq . ; and i . To the extent applicable , shall comply with 23 U . S . C . 134, 49 , U . S . C . Chapter 53 , and N . C . G . S . Chapter 136; 5 . 02 DCHGMPO shall carry out its legal , contractual , fiscal , and fiduciary duties as the Metropolitan Planning Organization as follows :