Orange County NC Website
71 <br /> Attachment 1 <br /> GLOBAL OPERATING FUNDING AGREEMENT <br /> FOR OPERATIONS AND ADMINISTRATION <br /> ORANGE COUNTY TRANSIT FY2025 <br /> This Global Operating Funding Agreement ("Agreement") is made by and between <br /> Research Triangle Regional Public Transportation Authority, d/b/a GoTriangle ("GoTriangle") as <br /> the administrator of the Triangle Tax District and Orange County ("County"). The foregoing may <br /> collectively be referred to as "Parties." <br /> WHEREAS, the Parties to Agreement, who have or may have specific roles in the <br /> implementation of public transit and the support of public transit infrastructure in the Orange <br /> County area, have determined that it is in their best interest and the best interest of the <br /> constituents they represent to coordinate future public transit planning, funding, expansion <br /> and construction; and <br /> WHEREAS, an extensive community driven process was used to develop a strategic <br /> transit vision document that set forth an enhanced public transit plan for Orange County, <br /> referred to as the "Orange County Transit Plan", and this Plan was unveiled and adopted by <br /> the GoTriangle Board of Trustees, the Durham Chapel Hill Carrboro Metropolitan Planning <br /> Organization's ("DCHC MPO") Policy Board, and the Orange County Board of <br /> Commissioners in 2022; <br /> WHEREAS, in conjunction with the Orange County Transit Pian, GoTriangle, Orange <br /> Countyā€˛ and DCHC MPO (collectively, "the Governance ILA Parties") adopted the Orange <br /> Transit Governance Interlocal Agreement ("Governance ILA") that creates a governance <br /> structure for the implementation of the Orange County Transit Plan by and through the annual <br /> Orange County Transit Work Program; and <br /> WHEREAS, based on Section 5.02 of the Governance ILA, Orange County has the <br /> authority to enter into this Agreement and enforce the provisions thereof and is a necessary <br /> Party to this Agreement; <br /> WHEREAS, the Governance ILA specifically created the Staff Working Group <br /> ("SWG") and charged the SWG with coordinating and recommending the planning and <br /> implementation aspects of the Orange County Transit Work Program; and <br /> WHEREAS, the Governance ILA Parties, together with the Implementing Party, and <br /> numerous Orange County municipalities, entered into a Comprehensive Participation <br /> Agreement ("Participation Agreement"), which, among other purposes, established <br /> standards that govern the Participation Agreement Parties' eligibility for inclusion of <br /> sponsored Implementation Elements in the Orange County Transit Annual Work Program, <br /> receipt of funding allocations from Orange County Transit Tax Revenue, and confirmed the <br /> Participation Agreement Parties' roles in carrying out SWG responsibilities; and <br /> Z <br /> Global Operating Agreement for Operations and Administration <br /> Orange County, FY2025 <br /> Contract#YY-XXX <br />