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IN'I'ER.LOCAL COOPEKATION AGP~EMENT CKEATI~G ~ CAROLINAS TKANSPORTATION COMPACT This Agr~emcnt made and entered into rigs . day of , 19 . by and between thc COIo~rI'Y OF ANSON. a politic, a] subdivision of thc Slate of North Carolina; the COUNr'rY OF CABARRUS, a political subdivision of the state of North Cawlina; thc COD.'NTY OF CATAWBA, a politi:a] subdivision of the Sm~e of North Carolina; thc COUN-I'Y OF CI FVELAND, a political subdivision of Ibc $~ate of North Cam]ina; the COb,'NI'Y OF GA$'I'ON, a political suMivision of the S~atc of North Carolina; the COUNTY OF IREDELL, a political subdivision of the State of North Carolina; the COUNTY OF LLNCOLN, a political subdivision of the S~me of North Carolina; the COUNTY OF MECKLENBURG, a political subdivision of the Slate of Nonh Carolina; thc CouNrY OF ROWAN, a political subdivision of the Slate of North Carolina; the COUNTY OF $'I'ANLY, a political subdivision of the State of North Carolina; the COU."~I'Y OF UN*ION, a political subdivision of thc State of North Carolina; the COUNTY OF LANCASTER, a political subdivision of the Slate of South Carolina; and the COL"~I'Y OF YORK, a political subdivision of the State of South Carolina. The following Agreement is hereby adopted for the esiablls}unenl of a regional Compact and for the joint exercise of certain powers, functions, rights, privileges and immunities of local government by and through the regional Cornpaa and its member govemmemal units, all In the ex'lcr~t and in the manner authorized or penn~tled by Article 20 of Chapter 160A of thc General Statutes of North Carolina entitled 'lmer]oca] Cooperation' and to the exlent permlned by the laws of the Slate of South Carolina. IArlTNESSETH: sl~ci'loN I. POl_~CY The Governing Bodies, as panics to this Agreement, hereby find apd declare tha~ inte£lo_ca] coopeFafi~n for compre]}eq}ive and coordlnaled olaqr~in,u' and ~lan imv]emenlafion is a necessitY:, a) for the coordinated growth and developmcnl of regional transportation facilities; and b) lo establish a regional tranzpor,.fion planning process and policy fram~'ork through which effoAs may be made In acquire federal, slate, and local ~'esources for p]an~ing, cnnslmclinE, operating and mainlalning adequate regional tra~porlafion facilities thal enhance the quality of life in each counly and the · c,o-omic oppormnlty of the r~gion. The Governing Bodies recosnlze that regional transportation facililies ph~nlng and its implemenlafinn are vi~al lo ',he public imcres~. Therefore, '~,'ithoul limifi,ug the of the foregoing, il is found that the planning of regional transponalion mod~:s, the formulation of development goals and objectives for ~ha region, of plans to implemcnl the goals and objectives, and the development of means by ,~'hich to change and improve Iranspoflalion-rclated allocations to thc region to aid in the formulation of