Share to Facebook Share to Twitter Bookmark and Share
Record #: O2021-4757   
Type: Ordinance Status: Passed
Intro date: 10/14/2021 Current Controlling Legislative Body: Committee on Budget and Government Operations
Final action: 10/27/2021
Title: Intergovernmental agreement with Chicago Transit Authority and Cook County for allocation of Motor Fuel Tax funds to Chicago Transit Authority as Year 2022 matching grant pursuant to Regional Transportation Authority Act
Sponsors: Lightfoot, Lori E.
Topic: AGREEMENTS - Intergovernmental
Attachments: 1. O2021-4757.pdf




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

October 14. 2021










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


Ladies and Gentlemen:

At the request of the Budget Director, I transmit herewith an ordinance authorizing the execution of an intergovernmental agreement with the Chicago Transit Authority and Cook County for allocation of Motor Fuel Tax funds.

Your favorable consideration of this ordinance will be appreciated.


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 of the 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) of the 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, forthe foreseeable future, require such financial grants from the RTA in orderto meet its operational expenses; and
WHEREAS, every year since the inception of the 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 4.10 ofthe Act; now, therefore,


BEIT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO: SECTION 1. There is hereby allocated forthe fiscal year of the RTA ending December 31, 2022 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, 2022 from that part of the Motor Fuel Tax Funds which have been or may be allocated t...

Click here for full text