Title
Public Hearing and Authorization of a $7 Wake County Vehicle Registration Tax for Funding of Public Transportation Systems
Recommended Action
That the Board of Commissioners, after a public hearing, adopts the attached resolution to:
1. Levy a new $7 Wake County Vehicle Registration Tax as authorized pursuant to NCGS 105-570 for the purpose of funding public transportation systems in accordance with the Wake County Transit Plan and Wake County Transit Financial Plan; and
2. Approve the attached Interlocal Agreement governing the administrative distribution of funds derived from the new $7 Wake County Vehicle Registration Tax and authorizes the County Manager to execute the Interlocal Agreement, subject to terms and conditions acceptable to the County Attorney