Department of Finance
city of chicago
June #,2013
Susana Mendoza City Clerk
121 North LaSalle Street Room 107
Chicago, Illinois 60602
RE: City of Chicago, Illinois . $.98,660,000 Motor Fuel Tax Revenue TIFIA Bonds, (Chicago Riverwalk Expansion Project: TIFIA 2013-1004)
Dear Ms. Mendoza:
Attached is the Determination Certificate which is required to be filed with your office pursuant to Section 209(g) of the ordinance issuing City of Chicago Motor Fuel Tax Revenue Bonds, Series 2013 and Motor Fuel Tax Revenue TIFIA Bonds, and associated amendments to General Ordinance and Chapters 2-32, 40-60 and 10-36 of Municipal Code, which was passed by the City Council on March 13, 2013.
Please direct this filing to the City Council.
CHICAGO, ILLINOIS 60602
EXECUTION COPY
UNITED STATES DEPARTMENT OF TRANSPORTATION
TIFIA LOAN AGREEMENT
For Up to $98,660,000
With
THE CITY OF CHICAGO
For the
WACKER DRIVE RECONSTRUCTION PROJECT (INCLUDING THE CHICAGO RIVERWALK EXPANSION) (TIFIA-2013-1004A) Dated as of June 12,2013
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TABLE OF CONTENTS
Page
SECTION 1. DEFINITIONS|910|SECTION 2. INTERPRETATION 14
SECTION 3. TIFIA LOAN AMOUNT 14
SECTION 4. DISBURSEMENT CONDITIONS 14
SECTION 5. TERM 15
SECTION 6. INTEREST RATE f 15
SECTION 7. OUTSTANDING TIFIA LOAN BALANCE AND REVISIONS TO
EXHIBIT G AND THE LOAN AMORTIZATION SCHEDULE 16
SECTION 8. SECURITY AND PRIORITY; FLOW OF FUNDS 16
SECTION 9. PAYMENT OF PRINCIPAL AND INTEREST 17
SECTION 10. PREPAYMENT AND REDEMPTION 19
SECTION 11. COMPLIANCE WITH LAWS 20
SECTION 12. CONDITIONS PRECEDENT 20
SECTION 13. REPRESENTATIONS AND WARRANTIES OF BORROWER 22
SECTION 14. REPRESENTATIONS, WARRANTIES, AND COVENANTS OF
TIFIA LENDER 25
SECTION 15. BORROWER COVENANTS 25
SECTION 16. INDEMNIFICATION 29
SECTION 17. SALE OF TIFIA BOND 30
SECTION 18. EVENTS OF DEFAULT AND REMEDIES 30
SECTION 19. ACCOUNTING AND AUDIT PROCEDURES; INSPECTIONS:
REPORTS AND RECORDS . 33
SECTION 20. FINANCIAL PLAN, STATEMENTS, AND REPORT...
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