Record #: O2013-4098   
Type: Ordinance Status: Passed
Intro date: 5/8/2013 Current Controlling Legislative Body: Joint Committee: Aviation; Finance
Final action: 6/5/2013
Title: Transportation Infrastructure Finance and Innovation Act of 1998 (TIFIA) loan and consolidated rental facility lease and concession license agreements with rental car companies qualifying as an "On-Airport Rental Car Company" at Chicago O'Hare International Airport and Chicago Midway Airport
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Loan & Security, - AIRPORTS - O'Hare
Attachments: 1. O2013-4098.pdf
ORDINANCE
WHEREAS, the City of Chicago (the "City") is a duly constituted and existing municipality within the meaning of Section I of Article VII of the 1970 Constitution ofthe State of Illinois (the ''Constitution'") having a population in excess of 25,000 and is a home rule unit of local government under Section 6(a) of Article VII ofthe Constitution; and
WHEREAS, the City owns and operates an airport known as Chicago O'Hare International Airport (the "Airport"); and
WHEREAS, the City has determined to acquire, construct and equip a consolidated rental car facility and related improvements at the Airport (collectively, the "Consolidated Rental Car Facility"); an extension of the automated transit system at the Airport ("ATS") including a new station and the acquisition of additional vehicles for the ATS (collectively, the "ATS Improvements"); and elevated public parking facilities and related improvements located above or near the Consolidated Rental Car Facility (collectively, the "Public Parking Facilities") (the Consolidated Rental Car Facility, the ATS Improvements and the Public Parking Facilities, being herein collectively referred to as the "Joint Use Facility"); and

WHEREAS, the City, as provided for under Section 6-3050) of the Illinois Vehicle Code, 625 ILCS 5/6-3050) (the "CFC Statute"), has previously authorized and imposed a customer facility charge ("CFC") on customers of rental car companies leasing on-airport rental car facilities at the Airport, pursuant to an ordinance adopted by the City Council of the City (the "City Council") on May 12, 2010, and has previously authorized the imposition of a CFC that complies with the CFC Statute on Airport passengers who rent vehicles from off-airport rental car companies, pursuant to an ordinance adopted by the City Council on December 12, 2012, as each such ordinance may be amended and supplemented from time to time in accordance with the terms thereof (the "CFC Ordinances"); and
WHEREAS, pursuant to an o...

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