Notice of Public Hearing

Chicago Transit Authority
2012 Capital Program of Projects,
2012 Operating Budget and Program,
the Financial Plan for 2013 and 2014

Notice is hereby given that the Chicago Transit Authority Board desires public comment before it considers an ordinance to adopt the 2012 Capital Program of Projects, 2012 Operating Budget and Program, and the Financial Plan for 2013 and 2014. A public hearing will be conducted on Thursday, November 10, 2011 at 6:00 P.M., at Kennedy-King College located at 740 W. 63rd Street, Chicago, Illinois 60621. In addition to this official public hearing, the Chicago Transit Authority will hold two community meetings: Wednesday, November 2, 2011 at 6:00 P.M. at George Westinghouse College Prep located at 3223 W. Franklin Boulevard Chicago, Illinois 60624; and on Monday, November 7, 2011 at 6:00 P.M., at the Chicago Transit Authority, 567 W. Lake Street, second floor conference room, Chicago, Illinois, 60661. These facilities are accessible to people with disabilities.

Be advised that, as to the Capital Program of Projects, the Chicago Transit Authority is seeking financial assistance from the Federal Transit Administration (FTA) of the United States Department of Transportation under the Federal Transit Act of 1964, as amended, and related statutes; the Illinois Department of Transportation (IDOT) under the Civil Administrative Code of Illinois (Part 8.5) and related statutes; and the Northeastern Illinois Regional Transportation Authority (RTA) under the Regional Transportation Authority Act. If the following program does not change then it will be considered the FY 2012 Final Program of Projects. This notice is to meet the requirements of the FTA, IDOT, and the RTA.

FY 2012

Chicago Transit Authority Section 5307 Program of Capital Projects

Replace Buses - Artic Hybrid (Principal) (4,791,521), Replace Buses - Artic Hybrid (Interest) (1,926,878), Replace Buses - Option 4 – (Principal) (5,762,332), Replace Buses - Option 4 – (Interest) (2,707,860), Improve Facilities - Office Bldg. (Principal) (2,115,000), Improve Facilities - Office Bldg. (Interest) (4,070,938), Improve Facilities (Transit Enhancement) (2,760,000), Purchase Rail Cars (35,548,681), Infrastructure Safety & Renewal - Elevated Track (10,000,000), Program Management (6,666,853) Bond Repayment Principal, Interest, & Finance Costs (56,945,187), Refinance Interest 5307 (3,194,750)

Net 2012 Sec. 5307 Projects……….$136,490,000 FTA Sec. 5307 Total……….$136,490,000

Phase I Supplemental Capital Projects

Information Technology (7,100,000), Improve Facilities (Facility Rehabilitation) (4,000,000), Equipment & Non-Revenue Vehicles (5,043,148), Purchase Rail Cars (4,543,153) Infrastructure Safety & Renewal - Viaducts (20,000,000), Bond Repayment, Principal, Interest, & Finance Costs (54,002,699), Refinance Interest 5309B (1,341,000), CMAQ Projects (3,000,000), Purchase Rail Cars (430,000,000), Bond VII Capitalize Interest - FY 2013, 2014 & 2015 (90,000,000), Implement Security & Communication Projects (11,500,000), Rehabilitate Rail Stations – Systemwide (2,563,380), Implement Security & Communication - Radio Frequency Identification (11,436,620), Infrastructure Safety & Renewal - Subway Ventilation (13,000,000), Perform Mid-Life Bus Overhaul (22,500,000), Perform Rail Car Overhaul (82,352,938), Rehabilitate Rail Stations (74,000,000), Security Cameras Stations & Yards (24,779,342), Infrastructure Safety & Renewal – Congress Track & Jefferson Park Signals (10,000,000), Infrastructure Safety & Renewal - Dan Ryan (150,000,000), Infrastructure Safety & Renewal - Track Renewal (4,000,000), Contingencies (5,916,499)

Section 5309 (b) Fixed Guildway Modernization Funds $96,030,000, CTA Bond Funds $520,000,000, Homeland Security Funds $11,500,000, State Funds $373,548,779, Positive Budget Variance Funds $27,000,000, and Congestion Mitigation and Air Quality Funds $3,000,000

Total Phase I Supplemental Funding ………………………... $1,031,078,779

The proposed 2012 Capital Program of Projects, 2012 Operating Budget and Program, and the Financial Plan for 2013 and 2014 will be available for public inspection, in standard size print and large print, on Thursday, October 20, 2011 and will continue to be available between 8:00 A.M. and 4:30 P.M. through Thursday, November 10, 2011, at the CTA reception desk, second floor, Chicago Transit Authority, 567 W. Lake Street, Chicago, Illinois, 60661. Upon request, the CTA will make its budget information available in additional formats to individuals with disabilities. Contact Gregory P. Longhini, Assistant Secretary of the Board, at 312-681-5022 to make necessary arrangements.

Copies of the 2012 Capital Program of Projects, 2012 Operating Budget and Program, and the Financial Plan for 2013 and 2014 are also available for review in standard size print and large print at the main office of the Regional Transportation Authority, reception desk, Suite 1650, 175 West Jackson, Chicago, Illinois, 60604; at the Harold Washington Public Library, 400 South State Street, 5th floor, Chicago, Illinois, 60605; at the Sulzer Public Library, 4455 North Lincoln Avenue, Chicago, Illinois, 60625; at the Woodson Regional Public Library, 9525 South Halsted Street, Chicago, Illinois, 60628; at the Evanston Public Library, 1703 Orrington Avenue, Evanston, Illinois, 60201; at the Evergreen Park Public Library, 9400 South Troy, Evergreen Park, Illinois, 60805; at the Oak Park Public Library, 834 Lake Street, Oak Park, Illinois 60301; at the Riverdale Public Library, 208 West 144th Street, Riverdale, Illinois, 60827; and at the Skokie Public Library, 5215 West Oakton, Skokie, Illinois, 60077. This information will also be available on CTA’s website www.transitchicago.com. At the hearing and community meetings, the CTA will afford an opportunity for interested persons or agencies to be heard with respect to social, economic, environmental and other related aspects of the 2012 Capital Program of Projects, 2012 Operating Budget and Program, and the Financial Plan for 2013 and 2014.

Written and oral comments will be taken into consideration prior to implementation of the 2012 Capital Program of Projects, 2012 Operating Budget and Program, and the Financial Plan for 2013 and 2014. This input will be welcomed at the hearing and community meetings or by correspondence addressed to Gregory P. Longhini, Assistant Secretary of the Board, Chicago Transit Authority, P.O. Box 7567, Chicago, Illinois 60680-7567. Input can also be sent via e-mail to: [email protected].

Deadline to submit written comments is Friday, November 11, 2011 by 5:00 P.M.