OFFICE OF THE MAYOR
CITY OF CHICAGO
November 1, 2016
TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO
Ladies and Gentlemen:
At the request of the Budget Director, I transmit herewith an ordinance authorizing allocation of Motor Fuel Tax funds for fiscal year 2017 and an ordinance authorizing an associated intergovernmental agreement with the Chicago Transit Authority.
Your favorable consideration of these ordinances will be appreciated.
Very truly yours,
Mayor
ORDINANCE
WHEREAS, the Regional Transportation Authority Act (70 ILCS 3615/1.01, et seq.) (the "Act") that establishes the Regional Transportation Authority (the "RTA") provides, in Section 4.10 thereof, that the RTA shall not for any fiscal year of the RTA release to the Chicago Transit Authority (the "CTA") any funds except for the proceeds of taxes imposed by the RTA under Sections 4.03 and 4.03.1 thereof which are allocated to the CTA under Section 4.01(d) of the Act unless a unit or units of local government in Cook County (other than the CTA) enters into an agreement with the CTA to make a monetary contribution for such year of at least Five Million Dollars ($5,000,000) for public transportation; and
WHEREAS, the CTA will, for the foreseeable future, require such financial grants from the RTA in order to meets it operational expenses; and
WHEREAS, every year since the inception of the RTA, the City of Chicago has contributed Three Million Dollars ($3,000,000) and the County of Cook has contributed Two Million Dollars ($2,000,000) to fulfill the condition set forth in Section 4.10 of the Act; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO: SECTION 1. There is hereby allocated for the fiscal year of the RTA ending December 31, 2017 the sum of Three Million Dollars ($3,000,000) for use by the CTA as a matching grant from the City of Chicago, to be paid prior to December 31, 2017 from that part of the Motor Fuel Tax Funds which have been or may be allo...
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