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Record #: SO2013-4087   
Type: Ordinance Status: Passed
Intro date: 6/3/2013 Current Controlling Legislative Body: City Council
Final action: 6/5/2013
Title: Settlement agreement and associated amendment to Chicago Metered Parking System Concession Agreement
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Miscellaneous
Attachments: 1. SO2013-4087.pdf, 2. O2013-4087.pdf
CHICAGO June 5. 2013

To the President and Members of the City Council:

Your Committee on Finance having had under consideration

A communication recommending a proposed amended substitute ordinance concerning the Chicago Metered Parking System Concession Agreement.

02013-4087














Having had the same under advisement, begs leave to report and recommend that your Honorable Body pass the proposed Ordinance Transmitted Herewith

This recommendation was concurred in by ^_Xaroll call ypte
of members of the committee with a final vote total of 15-6.

(signed'




Respectfully submitted
Chairman

AMENDED SUBSTITUTE ORDINANCE

WHEREAS, the City of Chicago (the "City") is a body politic and corporate under the laws of the State of Illinois and a home rule unit of government under Article VII of the 1970 Constitution of the State of Illinois; and

WHEREAS, as a home rule unit of government, the City may exercise any power and perform any function pertaining to its government and affairs; and

WHEREAS, on December 4, 2008, the City Council ofthe City passed an ordinance authorizing the Mayor and the Chief Financial Officer of the City to enter into a concession agreement regarding parking fee collection devices in the Chicago metered parking system (the "Concession Agreement") and authorizing the execution of associated documents, associated conveyances, and other ancillary acts; and

WHEREAS, it is in the best interests of the residents of the City and desirable for the welfare of its government and affairs to effectuate certain amendments to the Concession Agreement; now, therefore,

BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:

SECTION 1. The recitals set forth above are hereby incorporated herein by reference and made a part hereof.

SECTION 2. The First Amendment to Chicago Metered Parking System Concession Agreement (the "First Amendment"), attached as Exhibit A to the Settlement Agreement referenced in Section 3, is hereby approved. The Mayor,...

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