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OUTBOARD ORIENTATION <br /> June 5, 2025 <br /> Update of the Orange Transit Financial Plan and financial model assumptions <br /> within the fiscal constraints/projections of the most current horizon year for <br /> Orange County Transit Multi-Year Vision Plan.The Parties shall use good faith Go Triangle(as Tax District <br /> efforts to align planning horizon year with the horizon year of the current DCHC Administrator)to compile& <br /> MPO MTP. The Financial Model shall contain agreed upon financial assumptions maintain through <br /> of the SWG (and supporting subcommittees as designated)for the Orange County coordination with Orange <br /> Transit Annual Work Program revenues involving federal, state and local sources County <br /> and multi-year capital and operating costs including liquidity targets and debt <br /> ratios relevant to rating agency metrics <br /> Multi-year Capital Funding Agreements or Master Agreements-agreements <br /> between an agency and other agencies to provide an implementation element or <br /> a project plan if the implementation element is to be provided by the <br /> Agency/project sponsor.The agreement or project plan shall state the details of <br /> Go Triangle (as Tax District <br /> the capital improvements to be provided and detail expectations on funding, Administrator) <br /> responsibilities,schedule and performance and shall adhere to minimum <br /> standards outlined in the Orange County Transit Governance ILA. Master <br /> agreements mean capital funding agreements that direct a discrete logical <br /> grouping of projects, operations or studies. <br /> Multi-year Operating Agreements or Master Agreements-agreements between <br /> agencies tasked to provide an implementation element,the tax district and other <br /> agencies as needed,or an operating plan if the element is to be provided by the <br /> Agency or project sponsor.The agreement shall state the details of the service to <br /> Go Triangle (as Tax District <br /> be provided and detail expectations on funding, responsibilities, schedule and <br /> Administrator) <br /> performance.The agreement shall adhere to the minimum standards outlined in <br /> the Orange County Transit Governance ILA. Master agreements mean operating <br /> agreements that directs a discrete logical grouping of projects, operations or <br /> studies. <br /> Implementation Strategy for each Element of Annual Work Program -shall Orange County to <br /> include scope,geography,estimated budget(taken from the CIP or Multi-Year compile/audit/develop <br /> Operating Program), sponsoring agency/jurisdiction,as well as purpose and goals template; Individual Town <br /> and adherence to any service performance standards to be fulfilled as outlined in Project Sponsors to <br /> the most current Multi-Year Vision Plan complete/submit to Orange <br /> County <br /> 42 <br />