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HomeMy WebLinkAboutAgenda - 12-02-2013 - 6f 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: December 2, 2013 Action Agenda Item No. 6-f SUBJECT: Disbursement of Vehicle Registration Tax Funds DEPARTMENT: Attorney and Finance PUBLIC HEARING: (Y/N) No ATTACHMENT(S): INFORMATION CONTACT: John Roberts, (919) 245-2318 Resolution Clarence Grier, (919) 245-2453 PURPOSE: To authorize the North Carolina Division of Motor Vehicles (DMV) to send funds from the seven dollar vehicle registration tax directly to Triangle Transit (TT). BACKGROUND: In December 2012 the Board of Commissioners imposed a seven dollar vehicle registration tax on all vehicles registered in Orange County. Although there have been implementation issues at the North Carolina Division of Motor Vehicles (DMV), DMV began collecting some of these funds earlier this year. Rather than submitting the funds to Orange County, DMV has submitted the funds to TT. Absent written authorization from the County this is not a lawful action. The attached resolution formally authorizes DMV to disburse these funds directly to TT. FINANCIAL IMPACT: Authorizing DMV to submit funds directly to TT will save staff work hours involved in receiving these funds and immediately sending the same funds to TT. RECOMMENDATION(S): The Manager recommends the Board adopt and authorize the Chair to sign the resolution. 2 RES-2013-106 ORANGE COUNTY BOARD OF COMMISSIONERS RESOLUTION AUTHORIZING THE DIVISION OF MOTOR VEHICLES TO DISTRIBUTE CERTAIN VEHICLE REGISTRATION TAXES DIRECTLY TO TRIANGLE TRANSIT WHEREAS, the Orange County Board of Commissioners has adopted the Orange County Bus and Rail Investment Plan; and WHEREAS, the Orange County Board of Commissioners imposed a seven dollar ($7.00) motor vehicle registration tax on vehicles registered in Orange County; and WHEREAS, the North Carolina Division of Motor Vehicles has commenced collection of this registration tax; and WHEREAS, Article 52 of the North Carolina General Statutes authorizes the North Carolina Division of Motor Vehicles to disburse funds from this registration tax directly to the county from which it is collected. NOW, THEREFORE, BE IT RESOLVED, that the Orange County Board of Commissioners hereby authorizes the North Carolina Division of Motor Vehicles to disburse funds collected from this seven dollar ($7.00) vehicle registration tax on motor vehicles registered in Orange County directly to Triangle Transit to be distributed in a manner consistent with the Orange County Bus and Rail Investment Plan and Interlocal Implementation Agreement for the Orange County Bus and Rail Investment Plan. This the 2nd day of December 2013. Chair Orange County Board of Commissioners Attest: Clerk to the Board of Commissioners