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OT4E h r090A W J G I (P �a 10q ION <br /> Attachment 4 <br /> GLOBAL CAPITAL FUNDING AGREEMENT FOR <br /> CAPITAL INFRASTRUCTURE <br /> ORANGE COUNTY TRANSIT FY 2025 <br /> i <br /> i <br /> This Global Capital Funding Agreement ("Agreement" ) is made by and between Research <br /> Triangle Regional Public Transportation Authority , d/b/a GoTriangle ( " GoTriangle " ) as the <br /> administrator of the Triangle Tax District , and Orange County (" Implementing Party" ) and <br /> Orange County (" County" ) . The foregoing may collectively be referred to as " Parties . " <br /> WHEREAS , the Parties to Agreement , who have or may have specific roles in the <br /> i <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 " (" Orange Transit Plan " ) , and this Plan was <br /> unveiled on or about , and adopted by the GoTriangle Board of Trustees on , the Durham Chapel I <br /> Hill Carrboro Metropolitan Planning Organization ' s (" DCHC MPO " ) Policy Board on , and the <br /> Orange County Board of Commissioners in 2022 ; and <br /> WHEREAS , in conjunction with the Orange Transit Plan , GoTriangle , Orange <br /> County , 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 Transit Plan by and through the annual <br /> Orange County Transit Annual Work Program ; and <br /> i <br /> WHEREAS , based on Section 5 . 02 of the Governance ILA , DCHC MPO has the authority <br /> to enter into this Agreement and enforce the provisions thereof and is a necessary Party to this <br /> Agreement ; and <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 Annual Work Program ; and <br /> WHEREAS , the Governance ILA Parties , together with the Implementing Party , the <br /> City of Orange , entered into a Comprehensive Participation Agreement ( " Participation <br /> Agreement" ) , which , among other purposes , established standards that govern the <br /> Participation Agreement Parties ' eligibility for inclusion of sponsored Implementation <br /> Elements in the Orange County Transit Annual Work Program , receipt of funding allocations <br /> from Orange County Transit Tax Revenue , and confirmed the Comprehensive Participation <br /> Agreement Parties ' roles in carrying out SWG responsibilities ; and <br />