Title
Town of Clayton Financial Participation Agreement for BRT Extensions Major Investment Study
Bret Martin, MPO Staff
Body
In April of 2021, CAMPO staff entered into a contract with a consulting firm and kicked off a major investment study (MIS) that will develop and evaluate alternatives and ultimately select preferred alternatives for rapid bus/bus rapid transit (BRT) extensions from Cary to Research Triangle Park and from Garner to Clayton. These extensions would build onto two (2) of the core BRT corridors included in the original Wake County Transit Plan. The extensions have been included in the Wake County Transit Plan Update, and the capital improvements thereof are assumed to be funded with State revenue sources in the FYs 2020-2029 Transportation Improvement Program.
The Town of Clayton has exhibited a strong interest in the study and in the overall rapid bus/BRT extension investment to that community. Town staff was heavily involved in the consultant selection process and in the process to develop the scope of work for the study. Town staff continues to participate on the Core Technical Team for the study. As part of the Town of Clayton’s FY 2022 budget development process, the Town Council elected to contribute $15,000 toward the cost of the study in FY 2022. To institutionalize this arrangement, Town of Clayton and CAMPO staff negotiated and developed a financial participation agreement for CAMPO to receive the Town’s contribution and apply it to the cost of the study. A copy of this agreement is included as Attachment 1.
Requested Action: Action Approve the financial participation agreement, pending final administrative review, and authorize the Executive Director to sign the agreement.