HomeMy WebLinkAboutRESOLUTIONS-1973-054-R-73�% :
RESOLUTION
54-R-73
W
WHEREAS, the City of Evanston pays regular dues to and is repre-
sented on the Board of Trustees of the North Suburban Mass Transit District
f"District"); and
WHEREAS, the District has filed applications for capital improve-
ment grants with the Urban Mass Transportation Administration, U.S. Depart -
went of Transportation and with the Office of Mass Transportation, State of
Illinois, which applications relate in part to capital equipment and prop-
erty to be used to conduct a portion of the transit bus operations hereto-
fore conducted by the Evanston Bus Company; and
• . WHEREAS, the City of Evanston has determined pursuant to Federal
regulations that it will be necessary to evidence that the City of Evanston
shall support and underwrite an appropriate portion of the 5-year operating
costs of such transit bus operation in order that the District can complete
such applications for Federal and State funding assistance and obtain from
the Urban Mass Transportation Administration, U. S. Department of Transpor-
tation a letter stating that financial commitments made by the District
shall not prejudice its Federal grant application; and
WHEREAS, the City of Evanston has determined that it would be
appropriate and desirable for it to provide for an equitable sharing of
the anticipated operating deficits to be incurred by the transit bus opera-
tion; and-
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WHEREAS, to qualify for the aforesaid Federal and State funding,
theapplications filed by the District must be accompanied by an assurance
that the City of Evanston has made monies available for a 1-year period and
has declared its intention to provide a portion of the estimated deficits
to be incurred by the transit bus operations for a period of five (5) years:
NOW, THEREFORE, BE IT RESOLVED that the City of Evanston hereby
guarantees that it shall make available during the 12-month period beginning
September 1, 1973 an amount not -to exceed Three Hundred Thousand Dollars
($300,000) to the District for the above described purpose; and
BE IT FURTHER RESOLVED that the funds to be provided from the City
of Evanston shall be from sources other than the property tax; and
BE IT FURTHER RESOLVED that the City of Evanston declares its
intention to underwrite and sponsor the operation of the transit bus opera-
tion for a period of at least five years.
ATTEST:
Eff
IL J.- KAt.—I
City Clerk
ADOPTED: A14wr C�
, 1973.
Mayor