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Illinois Compiled Statutes - Full Text
Illinois Compiled Statutes (ILCS)
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(70 ILCS 3615/4.10) (from Ch. 111 2/3, par. 704.10)
Sec. 4.10.
Agreements with the Chicago Transit Authority.
The Authority shall not for any fiscal year of the Authority release to the
Chicago Transit Authority any funds except for the proceeds of taxes imposed
by the Authority under Sections 4.03 and 4.03.1 which are allocated to the
Chicago Transit Authority under Section 4.01(d) unless a unit or units
of local government in
Cook County (other than the Chicago Transit Authority) enters or enter into
an agreement with the Chicago Transit Authority to make a monetary contribution
for such
year of at least $5,000,000 for public transportation.
Except as otherwise provided in this Section, the Authority shall not
for any fiscal year of the Authority release to the Chicago Transit
Authority any funds except for the proceeds of taxes imposed by the Authority
under Sections 4.03 and 4.03.1 which are allocated to the Chicago Transit
Authority under Section 4.01(d) unless the County of Cook and City of
Chicago continue to provide services
to the Chicago Transit Authority at the same level and on the same basis as
are being provided by such units as of the effective date of this Act. The
Authority may from time to time approve reductions in the level and basis
of services to be provided pursuant to this Section.
(Source: P.A. 83-886.)
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