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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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63 <br /> behalf of the SWG for review and feedback from SWG prior to GoTriangle's issuance, <br /> approval,and release of Comprehensive Annual Financial Reports,adopted budget <br /> documents, and applications for Grant Funding approval; <br /> p. Shall not issue or authorize the issuance of any Preliminary Official Statement,Official <br /> Statement, or similar securities offering documents in connection with the financing of <br /> improvements by GoTriangle unless such document has previously been submitted to <br /> Orange County for review and comments regarding the nature of the security and <br /> sources of payment of the amounts due in connection with the financing; <br /> q. Shall provide staff to serve on the SWG; <br /> r. Shall enter into operating or Capital Funding Agreements to study and plan public <br /> transit infrastructure Capital Projects and deliver Implementation Elements as identified <br /> within the orange County Transit Annual Work Program; <br /> s. Shall provide required financial and status reports on Implementation Elements for <br /> which GoTriangle is responsible(i.e., serving as project sponsor)that are funded in-part <br /> or wholly by the Tax District,and reported for the Orange Transit major operating and <br /> capital funds; <br /> t. Shall annually review and approve required documents and perform any other actions <br /> consistent with the terms of this Agreement or powers authorized by a process to be <br /> established by SWG; <br /> u. Shall coordinate approval of the components of the orange County Transit Annual Work <br /> Program identified in Section 2.011 by the GoTriangle Board of Trustees; <br /> v. Shall coordinate, as needed, to review and approve documents, as defined in Article 11 or <br /> in subsequently developed policies&procedures that support transit plan <br /> implementation, by the GoTriangle Board of Trustees; <br /> w. Shall coordinate approval of the Multi-Year Vision Plan by the GoTriangle Board of <br /> Trustees; <br /> x. Shall comply with N.C.G.S. 143-6A-4 regarding submissions or award of any bid or <br /> proposals to vendors, and contractors or subcontractors for any and all operating and <br /> project agreements; <br /> y. Perform other any other actions consistent with the powers and duties set forth in <br /> N.C.G.S. 160A, Article 26; <br /> z. Comply with N.C.G.S. 143-6A-4,the"Iran Divestment Act Certification";and <br /> aa. To the extent applicable,shall comply with 23 U.S.C. 134,49 U.S.C.Chapter 53,and <br /> N.C.G.S. Chapter 136. <br /> Article VI <br /> Roles of Transit Service Providing Entities and Non-Transit Service Providing Entities <br /> 6.01 Transit Service Providing Entities.The Parties contemplate that the Transit Service Providing <br /> Entities, meaning any municipality or agency that directly or through contract provides public <br /> transportation services in Orange County, including but not limited to Orange County,Town of <br /> Chapel Hill and GoTriangle(when functioning as a transit provider), may participate at a <br /> minimum as follows; <br />
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