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Record #: O2020-6213   
Type: Ordinance Status: Passed
Intro date: 12/16/2020 Current Controlling Legislative Body: Committee on Finance
Final action: 1/27/2021
Title: Intergovernmental agreement with Metra regarding provision of tax increment financing (TIF) assistance for preliminary engineering study of various grade crossings on Milwaukee District Rail Line
Sponsors: Lightfoot, Lori E.
Topic: AGREEMENTS - Intergovernmental
Attachments: 1. O2020-6213.pdf


OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT MAYOR

December 16, 2020










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 Metra.

Your favorable consideration of this ordinance will be appreciated.


Very truly yours,
ORDINANCE
WHEREAS, the City of Chicago (the "City"), a home rule unit of government under Section 6(a), Article VII of the 1970 Constitution of the State of Illinois and has the authority to promote the health, safety and welfare of its inhabitants, to furnish essential governmental services through its various departments and agencies and to enter into agreements with units of local government for the purpose of achieving the aforesaid objectives; and
WHEREAS, the City, through its Department of Transportation ("CDOT") and its Department of Planning and Development ("DPD"), and the Illinois Regional Transportation Authority, an Illinois municipal corporation, by and through its Commuter Rail Division ("Metra") wish to conduct a preliminary engineering study (the "Study") to evaluate repairs and improvements to several roadway-railroad grade crossings on the Milwaukee District rail line in Chicago, Illinois at such locations as identified in the Agreement (as hereinafter defined) (the "Property") to improve pedestrian safety at the Property; and
WHEREAS, the Property lies wholly within the boundaries of the Kinzie Industrial Redevelopment Project Area (as hereinafter defined); 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 from time to time (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...

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