HomeMy WebLinkAboutRES-2014-015 Resolution Authorizing the Research Triangle Regional Public Transportation Authority to Levy the Full Eight Dollar ($8.00) Vehicle Registration Tax on Motor Vehicles Registered in Orange County J-4- /y
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RES-2014-015
ORANGE COUNTY BOARD OF COMMISSIONERS
RESOLUTION AUTHORIZING THE RESEARCH TRIANGLE REGIONAL PUBLIC
TRANSPORTATION AUTHORITY TO LEVY THE FULL EIGHT DOLLAR ($8.00) VEHICLE
REGISTRATION TAX ON MOTOR VEHICLES REGISTERED IN ORANGE COUNTY
WHEREAS, the Orange County Board of Commissioners has adopted the Orange County
Bus and Rail Investment Plan; and
WHEREAS, the Orange County Bus and Rail Investment Plan provides for the levy and
disbursement of the full amount of the eight dollar ($8.00) motor vehicle registration tax
authorized by North Carolina General Statute (NCGS) §105-561(a); and
WHEREAS, pursuant to NCGS §105-561(a) the Research Triangle Regional Public
Transportation Authority currently levies a motor vehicle registration tax of five dollars ($5.00)
on motor vehicles registered in Orange County and desires to levy the full amount; and
WHEREAS, the Research Triangle Public Transportation Authority has created a special tax
district consisting of Orange and Durham counties for the purpose of increasing the motor
vehicle registration tax in those counties by three dollars ($3.00) as provided in NCGS §105-
561(d); and
WHEREAS, the Research Triangle Public Transportation Authority Board of Trustees
conducted a public hearing on the proposed increase in the tax rate in accordance with
NCGS §105-561(b)(1); and
WHEREAS, the Research Triangle Public Transportation Authority's Special Tax Board,
pursuant to NCGS §105-561(b)(2), adopted a resolution approving the three dollar ($3.00)
increase in the tax rate in the special tax district to the full amount of eight dollars ($8.00).
NOW, THEREFORE, BE IT RESOLVED, that it being in the best interest of the citizens and
residents of Orange County, the Orange County Board of Commissioners hereby authorizes
and approves the levy of an additional three dollars ($3.00) of the motor vehicle license tax
as authorized by North Carolina General Statute §105-561.
This the 6th day of March 2014.
Barry Jacob , Ch
Orange C unty B d of mmissioners
Attest:
Clerk VoWe Board of Commissioners