Record #: O2015-7385   
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: Expenditure of portion of Motor Fuel Tax funds allocated to City of Chicago for Year 2016
Sponsors: Emanuel, Rahm
Topic: FINANCE FUNDS - Motor Fuel Tax - 2016
Attachments: 1. O2015-7385.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
October 14, 2015










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


Ladies and Gentlemen:

At the request of the 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
EXPENDITURE OF THE PORTION OF THE MOTOR FUEL TAX FUND ALLOCATED TO THE CITY OF CHICAGO IN THE YEAR 2016

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

SECTION 1. Definitions. As used in this ordinance:

The term "authorized use" means any use permitted pursuant to Division 2 of Article 7 of the Illinois Highway Code, 605 ILCS 5/7-202, et seq., as described and interpreted by the Illinois Department of Transportation in its Bureau of Local Roads and Streets Manual, Figure 4-3B.

The term "eligible debt service" means debt service eligible for payment out of the portion of the Motor Fuel Tax Fund allocated to the City pursuant to 605 ILCS 5/7-202.13.

The term "Fund 310" means Fund 310 as set forth in the Annual Appropriation Ordinance for the year 2016.

The term "Fund 383" means Fund 383 as set forth in the Annual Appropriation Ordinance for the year 2016.

SECTION 2. The City is hereby authorized to make the following expenditures from the portion of the Motor Fuel Tax Fund which has been or may be allocated to the City for the period beginning January 1, 2016, and ending December 31, 2016:

SUBSECTION A. The Commissioner of Transportation is authorized to expend:
the sum of Two Million Twenty-Six Thousand Nine Hundred Eleven Dollars ($2,026,911) for authorized uses related to Electrical Operations of the street lighting and signal system, as more fully described in Fund 310, and
the sum of Eleven Million Eight Hundred Sixty-One Thousand Sixteen Dollars ($11,861,016) for authorized uses...

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