HomeMy WebLinkAboutRES-2024-062- Resolution Authorizing Vehicle Registration Tax Increase 10ES - 2024 - 062 Attachment 2
ORANGE COUNTY BOARD OF COMMISSIONERS
RESOLUTION AUTHORIZING THE RESEARCH TRIANGLE REGIONAL PUBLIC
TRANSPORTATION AUTHORITY TO LEVY THE FULL TEN DOLLAR ( $ 10M ) 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 eight dollars
( $ 8 . 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 t dollars ( $ 2 . 00 ) provided i wo as n 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 two dollar ( $ 2 . 00 )
increase in the vehicle registration tax rate in the special tax district to the full amount of ten
dollars ( $ 10 . 00 ) ;
NOW, THEREFORE , BE IT RESOLVED , that it being in the best interest of the residents of
Orange County , the Orange County Board of Commissioners hereby authorizes and
approves the levy of an additional two dollars ( $ 2 . 00 ) of the vehicle registration tax as
authorized by North Carolina General Statute § 105 - 561 .
This the 7th day of November , 2024 .
Ja 6ezettaelbedford , ChKfll
_ Orange County Board of Commissioners
#;
Atte
'aa
W
Clerk to the B d of Commissioners