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Agenda - 12-02-2024; 6-a - Orange County Global Agreement for Capital
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Agenda - 12-02-2024; 6-a - Orange County Global Agreement for Capital
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BOCC
Date
12/2/2024
Meeting Type
Business
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Agenda
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6-a
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61 <br /> a. Shall coordinate/align Dedicated Local Transit Funding sources with other <br /> transportation investments and state and federal funding; <br /> b. Shall provide staff to serve on the SWG <br /> c. Shall enter into Operating and Capital Funding Agreements, for which the DCHC MPC]is <br /> a party to,to study and plan public transit Capital Projects and deliver Implementation <br /> Elements as identified within the Orange County Transit Annual Work Program; <br /> d. Shall provide required financial and status reports on Implementation Elements for <br /> which DCHC MPO is responsible (i.e.,serving as a project sponsor)that are funded in- <br /> part or wholly by the Tax District; <br /> e. Shall serve as the coordinating agency between the Parties, N.C. Department of <br /> Transportation,and federal agencies including but not limited to the Federal Highway <br /> Administration,the Federal Transit Administration, and the Federal Railroad <br /> Administration when coordination of regional need is deemed necessary by the SWG; <br /> f. Shall coordinate,as needed,to review and approve documents,as defined in Article II or <br /> in subsequently developed policies&procedures that support transit plan <br /> implementation, by the DCHC-MPD Executive Board; <br /> g. Shall coordinate approval of the Multi-Year Vision Plan by the DCHC-MPD Executive <br /> Board; <br /> h. Shall identify projects using federal transit funding and ensure that the multi-year <br /> operating program,the Annual Operating and Capital Budgets including such projects <br /> are coordinated with the MPO's annual planning for projects process and <br /> Transportation Improvement Program; <br /> i. Shall comply with N.C.G.S. 143-6A-4,the"Iran Divestment Act Certification"; <br /> j. When applicable and appropriate, shall apply for, secure,and direct reasonably <br /> available funding toward components of the Orange County Transit Annual Work <br /> Program consistent with its other responsibilities within the MPD; <br /> k. Shall program and administer funding, including but not limited to grant funding, and <br /> perform all required duties to apply for, coordinate,and align transit funding if <br /> applicable and appropriate,with oth e r tra nspo rtatio n investment and state and federal <br /> funding; and <br /> L Shall perform any other actions consistent with the powers and duties set forth in 23 <br /> U.S.C. 134 et seq.,49 U.S.C.Chapter 53 and as recognized under the laws of North <br /> Carolina pursuant to N.C.G.S.Chapter 136. <br /> 5.03 GoTriangle shall carry out its legal,contractual,fiscal,and fiduciary duties as a unit of <br /> local government as follows: <br /> a. Shall administer and manage the Tax District, including carrying out its legal, <br /> contractual,fiscal,and fiduciary duties; <br /> b. Shall comply with the responsibilities of a local government prescribed by the North <br /> Carolina Budget and Fiscal Control Act; <br /> c. Shall adhere to the Financial Plan as defined by this Agreement, and any amendments <br /> authorized thereto; <br /> d. Shall adhere to the Equitable Use of Net Proceeds within or to benefit the Special <br /> District as defined in this Agreement; <br />
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