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8 <br /> WHEREAS, the Parties, and the Implementation Partners intend to implement an inclusive <br /> and cooperative process to continuously develop and improve the Orange County Transit Multi- <br /> Year Vision Plan. They will further develop a public involvement plan to guide the Parties' and <br /> SWG's coordinated efforts for engagement aligned with federal, state and local policies and <br /> guidelines; and <br /> WHEREAS the Parties and Partners collectively make recommendations, develop and <br /> review the Orange County Transit Annual Work Program; and <br /> WHEREAS the Parties have a formal role in approving the Orange County Transit Annual <br /> Work Program through structured representation on the Orange County Board of <br /> Commissioners, DCHC MPO Board, and GoTriangle Board of Trustees as the ILA defines <br /> their oversight and jurisdiction regarding the Orange County Transit Annual Work Program <br /> development and implementation; and <br /> WHEREAS, this Participation Agreement serves as the Comprehensive Participation <br /> Agreement as formally defined in Section 2.040 in the Governance ILA to establish standards <br /> that will govern the Parties' and Partners' eligibility for inclusion of sponsored Implementation <br /> Elements in the Orange County Transit Annual Work Program and receipt of any funding <br /> allocation from Orange County Transit Tax Revenue and other Dedicated Local Transit <br /> Funding Sources; evidence of the Parties' acceptance of the most up-to-date Orange County <br /> Transit Annual Work Program (now and in the future) and the associated annual update <br /> process; and confirm the Parties'roles in carrying out Staff Working Group (SWG) <br /> responsibilities; and <br /> WHEREAS, local Governmental Parties are authorized to enter into this Participation <br /> Agreement pursuant to, inter alia, N.C.G.S. 160A-20.1; 160A-312; 160A-313; 160A-610; <br /> 153A-275; 153A-276; and 153A-449; and <br /> NOW THEREFORE, in consideration of the above recitals and the mutual covenants herein <br /> contained, the Parties hereto agree as follows: <br /> ARTICLE 1 <br /> PURPOSE, SCOPE & LIMITATION OF AUTHORITY, <br /> RESPONSIBILITIES, TERM & EFFECTIVE DATE <br /> 1.01 Purpose. The Parties hereby recognize that the Orange County Transit Multi-Year <br /> Vision Plan, as implemented by the Orange County Transit Annual Work Program, will be the <br /> guidance document for Orange County public transit investment with Local Government <br /> Public Transportation Sales Tax Act revenue and other Locally Dedicated Transit Funding <br /> Sources, as identified in the Orange County Transit Multi-Year Vision Plan. This Agreement <br /> 2 <br />