Record #: O2015-7381   
Type: Ordinance Status: Passed
Intro date: 10/14/2015 Current Controlling Legislative Body: Committee on Budget and Government Operations
Final action: 10/21/2015
Title: Intergovernmental agreement with Chicago Transit Authority and Cook County for allocation of Motor Fuel Tax funds to Chicago Transit Authority as Year 2016 matching grant pursuant to Regional Transportation Authority Act
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Intergovernmental
Attachments: 1. O2015-7381.pdf


OFFICE OF THE MAYOR
CITY OF CHTCAGO
RAHM EMANUEL
MAYOR
October 14,2015










TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request ofthe Budget Director, I transmit herewith ordinances authorizing the allocation of Motor Fuel Funds and an associated intergovernmental agreement with the Chicago Transit Authority.

Your favorable consideration of these ordinances will be appreciated.

Mayor


Very truly yours,
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 ofthe 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) ofthe 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 ofthe 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 4.1.0 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, 2016 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, 2016 from that part of the Motor Fuel Tax Funds which have been or may be allocated to the City of Chicago.
SEC...

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