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North Bound Route 420 includes a stop at the MaxWay Shopping Center in Hillsborough. There <br />has been a verbal understanding with the owners that allows limited use of their parking lot for a <br />park/ride for Route 420 commuters. County staff is working with Town of Hillsborough Planning <br />staff to secure a written commitment for sustained park/ride use. <br />FINANCIAL IMPACT: Revenues to OPT will decrease by approximately $20,000 based upon <br />the new 50 percent split in expenditures and revenues. OPT will reduce non-permanent payroll <br />and vehicle operation expenses to cover the difference. <br />RECOMMENDATION(S): The Manager recommends the Board approve the proposed change <br />in service agreement for Route 420 between Triangle Transit Authority and Orange Public <br />Transportation. <br />