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File #: 16-606   
Type: Regular Item Status: Agenda Ready
In control: Board of Commissioners
On agenda: 12/5/2016 Final action:
Title: Public Hearing and Authorization of a $7 Wake County Vehicle Registration Tax for Funding of Public Transportation Systems
Attachments: 1. Agenda Item, 2. Resolution, 3. Draft Interlocal Agreement

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