Agenda 05-21-24; 6-b - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various Capital Investment Plan Projects

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105 University,North Carolina Agricultural and Technical State University,North Carolina Central University, North Carolina State University and the University of North Carolina at Greensboro. Transportation. Major expansion and maintenance of primary and secondary highways within the County are primarily the responsibility of the State.Municipalities within the County bear the responsibility for local street systems. The County has no responsibility for the construction or maintenance of streets or highways. The County is served by two interstate highways, which merge in the center of the County. Interstate Highway 85 connects the County to the cities of Greensboro, Charlotte and Atlanta to the south and west, and the cities of Durham, Richmond and Washington, D.C. to the north and east. Interstate Highway 40 connects the County to the cities of Winston-Salem, Greensboro and Asheville to the north and west, and the Research Triangle Park and the City of Raleigh to the south and east. Other major highways include U.S.highways 15-501 and 70 and N.C. highways 54, 57 and 86. The Town of Chapel Hill operates a local bus system that provides public transportation services to the Town and adjacent areas, including services to the Town of Carrboro and the University of North Carolina at Chapel Hill on a contractual basis. Effective January 1, 2002, the Town instituted the State's first fare free transportation system for passengers on all regular routes and services. Bus routes and stops are located so that 90% of all households are within one-quarter mile of a bus stop. The Town has established several park-ride lots on the perimeter of the Town to facilitate transportation in and out of the University and downtown area. The system operates 99 buses during weekday peak periods, and shared- ride, demand responsive programs to provide evening services. The bus system is the second largest transit system in the State by ridership,providing over seven million rides per year prior to COVID-19. The bus system is financed primarily with a special ad valorem tax levy,federal and State operating and capital assistance,and contractual contributions from the Town of Carrboro and the University. The Town receives federal operating assistance from the Federal Transit Administration and State operating assistance which combined equals about 30%of eligible operating costs for the system. Orange County Transportation Services offers a continuum of locally accessible transportation services, including pick-up and drop-off services for the elderly and disabled. The Hillsborough circulator connects major destinations throughout Hillsborough with hourly service Monday through Friday. This service is free to all passengers. In addition,Triangle Transit Authority operates a bus system that provides commuter services to County residents. Orange County Transportation Services was awarded$1.7 million in COVID-19 grant funding to support operating and capital requirements. Air transportation is provided by various major, commuter and commercial airlines at the Raleigh- Durham International Airport("RDU"), approximately ten miles from the County. RDU is serviced by ten major airlines and 8 regional airlines. Approximately 14.5 million people boarded or deplaned aircraft at this airport in calendar year 2023, as compared to 11.8 million passengers in calendar year 2022. RDU currently has non-stop service to 47 domestic and 10 international destinations. Rail freight service is provided by Norfolk Southern Railway. Railway passenger service is provided by Amtrak through its terminals located in Durham, Cary and Raleigh. Human Services Social Services Programs. Social Services programs are provided for by a combination of federal, state and local funds. Among the programs provided are: Work First, Temporary Aid to Needy Families 33