Title
Extension Agreement to the Memorandum of Understanding in Support of the Continued Development of the Greater Triangle Commuter Rail Project
Anna Stokes, MPO Staff
Body
GoTriangle is asking for CAMPO’s approval to extend the Memorandum of Understanding (MOU) in Support of the Continued Development of the Greater Triangle Commuter Rail (GTCR) Project. The MOU extension shall add an additional term of one year to the term of the MOU, pushing back the current expiration date from the 31st day of December 2022 to the 31st day of December 2023, unless renewed or extended pursuant to the terms and conditions set forth in the MOU. The extension does not alter any language in the MOU except for the expiration date. During the extended time period, GoTriangle plans to lead public engagement regarding the results of the feasibility study in the first quarter of 2023 and will facilitate a decision-making process in the second quarter.
The full draft extension of the Memorandum of Understanding for continued development of the Greater Triangle Commuter Rail project is included as an attachment to this agenda item.
Requested Action: Action Approve the Extension Agreement to the Memorandum of Understanding in Support of the Continued Development of the Greater Triangle Commuter Rail Project