Office of the City Clerk - Record #: O2016-7964

• Record #: O2016-7964
• Type: Ordinance
• Status: Passed
• Intro date: 11/1/2016
• Current Controlling Legislative Body: Committee on Transportation and Public Way
• Final action: 12/14/2016
• Title: Intergovernmental agreement with Chicago Transit Authority for purchase and installation of fare equipment in connection with transit facility construction and renewal projects
• Sponsors: Emanuel, Rahm
• Topic: AGREEMENTS - Intergovernmental

Date	Journal Page Number	Action By	Action	Result
12/14/2016	40065	City Council	Passed	Pass
12/7/2016		Committee on Transportation and Public Way	Recommended to Pass	Pass
11/1/2016	34671	City Council	Referred

OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
November 1, 2016










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


Ladies and Gentlemen:

At the request of the Commissioner of Transportation, I transmit herewith an ordinance authorizing the execution of an intergovernmental agreement with the Chicago Transit Authority regarding the installation of facilities at the Blue Line Grand Station.

Your favorable consideration of this ordinance will be appreciated.

Mayor

Very truly yours,
ORDINANCE

WHEREAS, the City of Chicago (the "City") is a home rule unit of government as described in Section 6(a), Article VII of the 1970 Constitution of the State of Illinois; and

WHEREAS, the Chicago Transit Authority (the "CTA") is a municipal corporation of the State of Illinois; and

WHEREAS, the City is authorized, under the provisions, of the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1 et seq., as amended (the "Act"), to finance projects that eradicate blight conditions and conservation factors that could lead to blight through the use of tax increment allocation financing for redevelopment projects; and

WHEREAS, in accordance with the provisions of the Act, and pursuant to three ordinances adopted on November 12, 1998 and an amending ordinance enacted June 19, 2002, the City Council of the City (the "City Council"): (i) approved a certain redevelopment plan and project (the "Canal/Congress Plan") for the Canal/Congress Redevelopment Project Area (the "Canal/Congress Area") within the City; (ii) designated the Canal/Congress Area as a redevelopment project area; and (iii) adopted tax increment allocation financing (the "Canal/Congress TIF Adoption Ordinance") for the Canal/Congress Area; and

WHEREAS, in accordance with the provisions of the Act, and pursuant to three ordinances adopted on November 15, 2006 and amending ordinances enacted February 7, 2007 and May 9, 2007, the City Council: (i) approved a certain redevelopment pla...