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Wake Transit - Interlocal Agreement Setting Forth the Mutual Understanding of Parties as to the Scope and Content of Various Transit Financial Plans
Bret Martin, MPO Staff
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Prior to final approval of the Wake County Transit Plan and associated Interlocal Governance Agreement by Wake County in early June 2016, it was determined by Wake County and GoTriangle that the pre-existing Durham-Orange Tax District, which was created to authorize a referendum on a ½ percent sales tax for public transportation purposes, would be expanded to include Wake County to become a single tax district that includes all three counties. The purpose of the attached agreement is to set forth the formal approval of the Wake County Transit Financial Plan (as required by State law to levy sales tax revenue) under this single tax district (known as the “Triangle Tax District”) and to outline the financial terms and conditions governing the collection and expenditure of revenues for transit systems within the district. More specifically, the agreement preempts the authority of certain tax district parties’ involvement in the control, input in the administration of, or implementation or governance of the Wake County Transit Plan or any of its financial components. Further, the agreement does the same for certain tax district parties’ involvement in the implementation of the Durham and Orange County plans and their financial components. This agreement is being considered by all tax district parties, including Durham County, Orange County, Wake County, Burlington-Graham MPO, Durham-Chapel Hill-Carrboro MPO, and Capital Area MPO. As of July 22, 2016, the Durham County and Orange County Boards of Commissioners have approved the agreement.
Requested Action: Action Recommend the Executive Board consider approval of the Interlocal Agreement and authorize the CAMPO Executive Director to sign the Agreement.