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74 <br /> Attachment 1 <br /> (6) Further, the Implementing Party shall. <br /> (a) Ensure that Grange County Transit funds provided by GoTriangle are not <br /> misappropriated or misdirected to any other account, need, project, or line item, <br /> other than as listed in Exhibit A. <br /> (b) Monitor award activities, to include sub-awards, to provide reasonable assurance <br /> that funds are spent in compliance with applicable requirements. Responsibilities <br /> include accounting for receipts and expenditures, cash management, maintaining_ <br /> adequate financial records, and refunding disallowed expenditures. <br /> (c) Maintain a financial management system adequate for monitoring the <br /> accumulation of costs. <br /> (7) For new or extended transit routes, the Implementing Party agrees to coordinate with <br /> affected municipalities prior to implementation. These coordination efforts should <br /> include discussions as it relates to, but are not limited to, route planning and <br /> development, schedule development, installation of passenger amenities to support <br /> new transit operations, maintenance and upkeep of passenger amenities, public <br /> engagement and advertisement in relation to the new services, etc. <br /> B. Responsibilities of GoTriangle. <br /> (1) GoTriangle, as administrator of the Triangle Tax District, shall have the <br /> responsibilities and duties as set forth in the Governance ILA, including <br /> appropriating funds from the FY 2025 Triangle Tax District Grange Operating <br /> Ordinance in accordance with the Governance ILA. The specific appropriation and <br /> approved project budgets are further detailed in Exhibit A and in the FY2025 Grange <br /> County Transit Work Program. <br /> (2) GoTriangle, upon receipt of a Reimbursement Request, shall verify within five <br /> business days whether the Reimbursement Request is complete; is within the <br /> approved budget; is within the annual work plan, and is in accordance with the Grange <br /> Transit Billing, Payment, and Reimbursement Policy and Guidelines, adopted by <br /> GoTriangle, Grange County and DCHC MPG in 2023. Payment will be remitted within <br /> thirty (30) days of verification to the Implementing Party according to the payment <br /> instructions on file. <br /> If GoTriangle is unable to verify the Reimbursement Request, GoTriangle <br /> shall, within two (2) business days, notify the Implementing Party in writing of the <br /> deficiencies in the Reimbursement Request. The Implementing Party may thereafter <br /> submit a revised Reimbursement Request ("Revised Reimbursement Request"), <br /> which shall be verified within five business days of receipt. If the Revised <br /> Reimbursement Request is denied, the Implementing Party may place the item on the <br /> next SWG agenda for discussion and a recommendation to GoTriangle and the <br /> Implementing Party. <br /> (3) Where advance payments are requested, GoTriangle, after due consideration of the <br /> request, will remit funds via payment instructions on file. <br /> 4 <br /> Global Operating Agreement for Operations and Administration <br /> Orange County, FY2025 <br /> Contract#YY-XXX <br />