Record #: O2011-6414   
Type: Ordinance Status: Passed
Intro date: 7/28/2011 Current Controlling Legislative Body: Committee on Health and Environmental Protection
Final action: 9/8/2011
Title: Authorization for funding and identification of projects pursuant to 2006 settlement with Peoples Gas
Sponsors: Emanuel, Rahm
Topic: ENERGY/ENVIRONMENTAL ISSUES - Miscellaneous
Attachments: 1. O2011-6414.pdf

OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
July 28, 2011
TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO
Ladies and Gentlemen:
At the request of the Commissioner of the Environment, I transmit herewith an ordinance authorizing funding and identification of projects pursuant to a 2006 settlement with Peoples Gas.
Your favorable consideration of this ordinance will be appreciated.
Very truly yours,

Mayor
ORDINANCE
WHEREAS,' the City of Chicago is a home rule unit of government as defined in Article VII, Section 6(a) of the Illinois Constitution; and
WHEREAS, as a home rule unit of government, the City of Chicago may exercise any ' power and perform any function pertaining to its government and affairs; and
WHEREAS, the management of its finances is a matter pertaining to the government and affairs of the City of Chicago; and , :
WHEREAS, the City of Chicago (the "City"); the Illinois Attorney General (the "Attorney General"), and Peoples Energy Corporation and its affiliates ("Peoples Energy") have entered into a settlement agreement to settle the Reconciliation Cases (the "Settlement") whereby Peoples Energy has agreed to pay the City and the Attorney General, jointly, up to $30,000,000, in installments of up to $5,000,000 annually, for the six years beginning in July 2006 (the "Settlement Payments"); and
WHEREAS, the Settlement Payments are intended for, and ^conditioned upon, application toward the cost, as estimated in the discretion of the City, through the Commissioner of Environment (the "Commissioner"); and the Attorney General, for the design, implementation and administration of programs of conservation and weatherization for low and; moderate-income residential dwellings with the goal of reducing energy usage costs (the "Programs"); and
WHEREAS, by an ordinance adopted by the City Council of the City on October 4, 2006, and published in the Journal of Proceedings of the City Council for said date at pages 86749 through' 86779, inclus...

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