Orange County NC Website
Browse       Search
3 . 06 Non-Delegation . The SWG cannot delegate its responsibility to review and present the <br /> documents and products defined in Section 3 . 04 . <br /> 3 . 07 Right to Inspect . All Parties to this Participation Agreement, or their authorized <br /> representative(s) , shall have the right to inspect, examine, and make copies of project work <br /> products as they deem necessary for the operation and dayAo day business of the SWG or as <br /> specifically requested by formal action of any one of the parties ' governing bodies . The SWG <br /> shall maintain all its records in a manner which facilitates review by the Parties and <br /> Implementation Partners , <br /> ARTICLE IV <br /> ELIGIBILITY FOR ORANGE COUNTY TRANSIT TAX REVENUE FUNDING <br /> 4 . 01 Requirements for Inclusion in the Orange County Transit Annual Work Program . <br /> Only Parties in good standing to this Participation Agreement, Implementation Partners <br /> recognized through the Staff Working Group, or other partners as deemed critical, may request <br /> inclusion of an Implementation Element in the Orange County Transit Annual Work Program . <br /> The Parties agree that the terms and conditions of this agreement are pre-requisites to requesting <br /> and receiving Orange County Transit Tax Revenues funding allocations . <br /> 4 . 02 Implementation . An Operating or Capital Project Funding Agreement shall be required <br /> to support each implementation element submitted by each project sponsor identified in the <br /> Orange County Transit Annual Work Program except as specified in Section 4 . 03 . Parties to <br /> this Comprehensive Participation Agreement shall endeavor to develop global-level agreements <br /> with appropriate timeframes for each project sponsor seeking to implement operating or capital <br /> projects . These agreements must be prepared prior to distributing funds and starting the <br /> Project(s) . All Operating or Capital Project Funding Agreements shall have at least two <br /> signatories from appropriate parties and shall also adhere to the requirements further defined in <br /> Section 7 . 07 of the Governance ILA . Signatory authorizations to any Global/Project <br /> Agreements shall be determined by the minimum financial threshold by any party to such <br /> agreement . <br /> 4 . 03 Grace Period for Legacy Projects . Active project supported by Orange County Transit <br /> Plan Revenues or other Dedicated Local Transit Funding Sources at the time of execution of <br /> this Agreement and projects in the adopted Fiscal Year 2024 Work Program shall be eligible <br /> for continued funding through the end of Fiscal Year 2024 (Grace Period) . If a <br /> global/operating or global/capital project funding agreement that conforms to the conditions in <br /> this Agreement is not in place prior to the start of Fiscal Year 2025 , the project shall no longer <br /> be eligible for ongoing/additional funding until such Agreement is in place . <br /> 4 . 04 Capital/Operating Agreement Development. Each Capital Funding Agreement and <br /> Operating Agreement entered into by any of the Parties or the Partners must contain all <br /> components defined in this Participation Agreement . If any Implementation Agreement <br /> involves federal or state funding must in addition contain those elements required to maintain <br /> eligibility for such funds . <br /> 8 <br />