Chicago Transit Board Meeting – May 2018

Chicago Transit Board Meeting – May 2018

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good morning good morning I would like to call to order the May 9th 2018 meeting of the Committee on strategic planning and service delivery this secretary please call the roll yes Reverend Miller mr. Petersen miss al Rosales yeah chairman Irvine yeah we have a quorum with all four members of the committee present finally thank you there’s a little bit exciting but our first order of business today is approval of multiple sets of Committee minutes so please sit upright we will vote on each set of minutes separately may I have a motion to approve the committee minutes of June 14 2017 the secretary please call the roll yes mr. Petersen yes all rosales yes mr. Miller and chairman are voted yes that motion is approved with four yes votes great thank you we have a motion to approve the committee minutes of July 12 2017 yes mr. Petersen mr. Rosales mr. Miller and chairman Irvine I abstain that motion passed with four three yes votes and one abstention by director Irvine may I have a motion to approve the committee minutes of November 15 2017 secretary please call the roll yes mr. Peterson yes miss al Rosales mr. Miller chairman Irvine yes that motion is approve of 3s votes and one abstention by director al Rosales thank you may I have a motion to approve the committee minutes of January 10th 2018 with the secretary please call the roll yes mr. Peterson mr. Rosales yes revenuer director Irvine yes that motions approved with 3s votes in one abstention by Reverend Miller okay that was fun let’s do it again okay.thank I believe I’m CTA president Orville Carter as if you weren’t you’d like to make yes I think you’re you’re about to get a presentation from Michael Connelly and Michael has just been named the new chief planning officer for CTA as many of you know we have a major capital project that we’re about to begin called rpm that’s going to take a tremendous amount of resources and time for staff and and and others as a result I’ve made some some organizational changes to really put us in position to take on that additional project and the impact that it’s going to have I’ve created a new group of CTA that is focused on the red purple modernization project that group will be headed up by Chris Michele who was asked to and I have agreed to allow him to take on what is the biggest capital project in the history of CTA in addition to that because Chris is going to be taking over that responsibility I’ve asked Carol Moray become the new chief infrastructure officer as she has agreed to do that and she will take on the ongoing responsibilities of the rest of our capital program as well as our power away work that we do on an ongoing basis and then that’s the final piece of that process I asked Michael Connelly who had been the vice president of schedule planning at CTA to become the new chief planning officer and with that that leads into Mike being the one who presents you the presentation on every one today thank you good morning morning I’m Mike kindly your chief planning officer the item before you for consideration today is an ordinance which would authorize a 1/5 extension of the experiment for service on the number 31 31st Street bus this would begin in June and last up until the fall bus picks service change which occurs in early September of this year just after Labor Day service was begun on this route in September of 2016 the target ridership goal you can see on the slide is that red dotted line across the top of the of the chart that is 830 average weekday rides the ridership has not reached this goal although CTA has worked closely with the community local businesses and the aldermen involved to promote and support this route the additional experiment period recommended with this ordinance will allow for an assessment of the effect of the current advertising campaign on the ridership for this route Brian Steele vice president communications and marketing directors good morning Brian Steele vice president of communications and marketing since the launch of the first 31 pilot back in 2016 we’ve put behind it a promotional and advertising an effort to increase awareness of the route and to hopefully spur ridership in terms of the outreach we’ve had 18 meetings with the to impact at all event we’ve provided regular ridership updates to the aldermen I had multiple community meetings and we’ve done some advertising and some other promotional efforts that I’ll get into in just a moment you may recall that when we launched this we created a flyer and posters to distribute through businesses and other entities in the community we also recently as part of our second round of promotion did a newspaper advertising by the more about in just a moment interesting aspect of the promotional effort behind the 31 was a coordinated campaign with the 31st Ward for some social media promotion called snap on 31 where it asked writers to take selfies of themselves writing the 31 and then show that picture to a variety of businesses in the community for discounts free items things of that nature and of course we supported that with our online resources including a website and social media promotion these are the advertisements that we ran in three of the community newspapers that publish within the service area we work closely with the community groups to identify which newspapers they think would be most read and most attracted to by people in the community so we placed the advertisements in the Bridgeport news and then also in two Chinese language newspapers we actually worked not only with our translation services but also with people within the Chinese community who are part of the 31 effort for them to review the copy and make sure that it that it did it look good and said what it needed to say those ads are running some started in March so starting in April and they’re running through Memorial Day so twelve weeks or more of advertisements so we can continue the message and continue to get the word out a little bit more about the snap campaign thirty-one snap campaign that we mentioned earlier alderman Thompson held a little press event as you can see from the from the picture and was really helpful in signing up 20 local businesses to be a part of this we also did some posters to promote this translating them into Spanish and Chinese as well you can see Bridgeport coffee offered a discount some free ice cream at fabulous Fridays and other retailers so it was something that the local businesses really appreciated and really were excited to be productive to participate in these are some of the display and print ads that we did for the first campaign back at September using the theme of reasons to ride the number 31 it’s kind of hard to see on the screen but along the route map we put little dots to reflect some of the attractions and entities that are along the route grab a few groceries visit a friend go to the pharmacy these were the things that we heard from the 31 community that they anticipated that the ridership would be most interested in and then just a recap of our digital materials in addition to the standalone website we did a number of pieces via social media our Twitter account and Facebook page any questions thank you yes I have a question was probably two-part how often are we meeting with the aldermen on the progress of the ridership and number two will this be the final experiment for this bus life has it seemed like we this is our fifth experiment trying to get it up to 8:30 – so do we have a cut-off to say okay this would be the expectation mover fourth I can handle the first part of that in terms of the outreach to both the aldermen and stakeholders it occurs on a very regular basis it minimum monthly oftentimes more than that ever since September 2016 our government community relations group has made sure that all the stakeholders are aware of what the performance is what assistance we need in helping expand the promotions so there’s been regular communications over the last almost two years of the experimental well depends on what happens with the ridership we we we were hoping the effect the goal of this extension is to give us some time after the ad campaign has run for its for its 12 weeks to see if that has an effect on the ridership so we really I don’t have an answer for you today but we will have an answer over the next two months to be able to share with you what the ridership looks like if there has been a change and if this latest ad campaign has increased that ridership thus far none of the earlier advertising or no the earlier work has increased the ridership to meet the target we did the the ridership profile on here is is significantly college students at IIT during the the academic school year and then much lower during their Christmas break and during their summer period as well how does this route rank among the CTA routes in terms of meeting its target and ridership it’s it’s in the it’s in the bottom ten of a hundred and twenty eight routes for ridership for the average weekday ridership and it’s in the it’s in the lower 25% for productivity of passengers per hour and that varies it’s of course as I think the slide showed it was higher in October and then it was up a little bit in the in the lower third of the routes and when it dropped to an average of you notice fewer fewer rides when when that when the IIT students arrived session it was the second to the lowest route in terms of productivity so it’s it’s in the very bottom of our of our rankings keep oh can you just review what’s that what was the the thinking in terms of not extending it all the way to the 31st Street Beach during the summer we already have a route that serves that Beach the 35th route that we had begun and actually extended to the beach before we even started looking at this 31st you see you’ll see me cry yes it is down that 552 that’s and that’s the average for March the most recent month that we have yes it runs starting at 10:00 a.m. and runs until 7:00 p.m. with two buses on the on the service 30-minute frequency there’s there’s a good bit of residential on the East End surrounding the the shopping center there but lake meadow shopping center and just to the south of it and then the the density drops as you go to the west and it becomes much more old industrial and then you enter an area corridor along there you’re in the quarter because it ends it ends at the orange line at Ashland which is very very much industrial area there and is as far west as a girl heart and Far East to Lake meadow Shopping Center right right across from the Alderman’s officer and I don’t know you’ve heard that feedback in Florida at school so I’m just trying to think you know we started at 62 63 because he hours not from 10 to 2 7 to 7 yeah I don’t know if you’ve heard that from the community or from the Ottoman that starting at at 10 you kind of missed our huge comes up you look at our ridership in the city career you know it’s that five to six five to eight or nine when folks are trying to get to work so starting at ten from the transit cause if you can open yourself up to seniors and you know just folks kind of leading the run errands versus because especially in the morning the after the evening yeah from 4:00 to 7:00 and I would be curious esteem ridership from the what is forward a set to see if we are actually picking up people coming back versus not being able to pick up on going to work so it’ll be interesting to break down for a second to see there any more questions thank you um I forgot to say it at the outset but this has been a review of an ordinance authorizing a fifth experiment for bus route number 31 31st if there are no further questions may I have a motion to place this item on the Omnibus and I would like to may have a motion to recommend for approval of the Omnibus second secretary please call the roll yes mr. Petersen mr. Rosales yes mr. Miller chairman Irvine yes that motion is approved with four yes votes thank you may have a motion to adjourn all in favor sir all in favor say aye yeah we’re adjourned thank you you are always know because with this week we noticed it immediately after strategic planning so good morning morning I would like to call to order the May 9th 2018 meeting of the Committee on Finance for item budget will the secretary call the roll yes mr. Miller mr. Rhyne here yes alvin Rosales mr. Peterson mr. Youngblood Sherman Sherman Silva here we have a quorum with all six members of the committee present our first order of business today is the approval of the committee meanness of April 18 28 9 18 may I have a motion to approve second second with the secretary call the roll please yes mr. Miller mr. Irvine yes miss Rosales yes mr. Peterson mr. Youngblood abstinence Silva yes that motion is approved with six just votes on this and make sort of though business you did review the finance report Jerry and me good morning I’m Jeremy fire chief financial officer and I’ll be presenting the March revenue and expense numbers so with regard to March revenues we continue to see progress on farebox and passes coming in at a favorable variance to budget these are primarily due to special events that we saw in March st. Patty’s Day in the anti-gun March that was held downtown so we see fair and pass totals up 1.2 million for the month of March unfortunately that is offset by the reduced fare subsidy reduction that we continue to see from the state of 1.2 million non fare box revenues are approximately at budget but slightly down the first quarter is traditionally a as a tough advertising quarter but we will expect to see improvements as we go into the second quarter these trajectories are similar to what we see on a year-to-date basis again fare box and pass totals are up on a year-to-date basis versus the budget the reduced fare subsidy continues to be a drag on overall revenues and non fare box revenues are you know slightly down but again not unexpected in the first quarter so total revenues on a year-to-date basis are down 2.5 million obviously if we have received all of our reduced fare reimbursement we would be in positive territory on a year-to-date basis with regard to our expenses we continue to hold the line across our various expense categories but I would like to highlight with regard to labour as we discussed in Prior months you know the labor line does not account for the ATU contract that was put in place per our usual budgeting process so we’re showing a slight unfavorable variance there on the labor line for the month of March materials in fuel though continue to be favorable so we see positive variance there power injuries and damages and security services are relatively flat to budget and then other expenses you know just continues to show our continued efforts to control our expenses and tighten our belts and we see that we almost have 2.4 million dollars of favorability on the other expense line so overall for the month of March we’re favorable to budget with regard to expenses to the tune of 1.1 million dollars which more than offsets the revenue drag that we saw for the month of March of $200,000 so net net were up approximately $900,000 for the month of March on a year-to-date basis again we see somewhat similar trajectories on a line item basis labour continues to have the effect of the ACU contract material in the first couple of months January February you know we saw you know the impact of bad weather but again as we went into March and as we expect to go further we’ll see favorability in the month of March and hopefully beyond fuel again was impacted by the fact that we started the buses up earlier to get them warmed up for going out on the routes so we saw we see some slight unfavorability on a yearly basis but again that is reversing as we saw for the month of March power injuries and damages and security services basically at budget not slightly above and again our start performer for other expenses almost 4.4 million dollars positive for the year-to-date so we have about $800,000 of favorability on a year-to-date basis which offsets which is starting to offset some of that drag that we see on the revenues on a year-to-date basis so net net were down about 1.7 but again as we move forward throughout the year we’ll look to you know further implement cost controls and see what we can do to further enhance revenues to offset that drag our three commodities that we purchased again as I highlighted previously we have positive month to date variance for the three commodities we have purchased all that we typically purchase for the year of 2018 so we’re eighty percent fixed for fuel 100 percent for power and then 70 percent for natural gas we’ll look for opportunities to continue to purchase particularly fuel as we move forward but you know just due to international uncertainty in the fuel oil industry right now you know we’re we’re not purchasing for 2019 yet but we will look to make selective purchases as we move forward yeah we draw of a United States of the Iran agreement it has moved the the oil okay up do you see any so there’s two factors that are driving oil prices up right now obviously as you indicated the Iran situation you know was was somewhat telegraphed and expected in the industry so that has been factored in also the summer driving season is starting to hit as you know the refineries are purchasing oil for you know gas production for summer driving so you know you start seeing it kind of going up now anyway but again this uncertainty with regard to Iran in general but Iran’s oil production in particular you know has seen oil prices higher which you’ve probably seen even at the pump you know then they have been you know in recent past again you know we will continue to monitor the market and make selective purchases as things become hopefully a little bit more relaxed in the oil pricing market iniquitous yes so great question so we do work with the advisors in Morrisville in this case on what kind of the historic trends are for certain market periods so again you know the the early spring summer timeframe is you know traditionally a little bit more rocky in the pricing you know again we’ll be monitoring that market making selective purchases we do work with Ameresco just to target you know what what kind of pricing should we be targeting being realistic as to market conditions today in terms of oil production in Iran and oil production in Venezuela and global demand and in working through that so yes we we have you know a larger strategy looking at historic production levels demand levels and then you know what is realistic in the in the current market so you know it’s a it’s an interesting interesting question as well because you know obviously West Texas oil you know is seeing a resurgence you know shale production in the in the US is seeing a you know a spike up as well so as oil prices go up I you know our domestic oil becomes much more you know the the new wildcatting that they have to do to identify the oil fields pull the oil out of the ground becomes more you know profitable so you’ll start seeing more you know what’s considered less Texas crude coming online you know future yeah I I can follow up with you on the percentage that’s domestic versus international match can you talk a little bit about the other Tyson I am so advertising traditionally after the holidays you usually goes a little bit more dormant than what you see with regard to you know second third fourth quarters so again we anticipate based on you know the the you know what we’ve seen out there on the on the on the system during the second quarter you know those revenues going up as we go into April and May results so you know we’ve benefited from the fact that firms like Facebook have had some you know negative press so they’ve been out there trying to get in front of it with regard to their own advertising which we’ve benefited from greatly as a system so we’re very excited about the platform that we built out both on static and electronic billboards both on the urban street level as well as the platform panels so those have been you know very marketable and we’ll see you know some significant improvements in our advertising revenues going into the second quarter so that will infect the non fare box revenue that we currently exist where it’s down so we expect that next one will be on the positive side yes any other questions there are no questions okay thank you Jeremy thank you our next order of business is the independent auditors report that item has been deferred until June and our next order of business is the review of an ordinance authorizing the establishment of a short-term borrowing program for capital purposes secured by sales tax receipts under certain IgA revenues authorizing the itches cents from time to time of obligation secured by such revenues in an aggregate principal amount outstanding had any one time not in excess of 150 million person to such short-term borrowing program and authorizing the execution and delivery of one or more supplemental indentures under which such obligations are each Jeremy thank you we are asking for consideration on authorization to establish 150 million dollar line of capital line of credit capital projects currently are funded through state federal or CTA bonds and a capital line of credit provides us two primary benefits first the benefit of the capital line of credit is that it will allow the CTA the ability to save interest expense by borrowing only when needed rather than issuing bonds up front for a multi-year construction project such as the RPM project since the cut since the cost of the capital line of credit is based on a short-term rate the interest rate is several percentage points lower than a bond rate for example in current market conditions it’s two and a half percent versus five and a half percent draws would be repaid upon the issuance of CTA bonds the second benefit of the capital line of credit is that we will receive quicker reimbursement federal and state funded projects are front funded by the CTA and subsequently reimbursed federal reimbursements usually occur within a week but state reimbursements can often take up to 60 to 90 days the capital line of credit is used by many transit agencies across the country as an interim financing tool the CTA will solicit bids from firms selected from the current pool of approved bond underwriters approved by the board so we appreciate consideration for this ordinance and glad to any glad to answer any questions these December a bulletin line of great yes it is so as we draw down line of credit funds you know and we receive the state funding back where we issue CTA bonds or federal funding we’re able to pay that back and then you know potentially draw down additional funds as they’re required I’m not sure we expect okay that we’re gonna save okay but using these circulars so the interest cost differential of almost three percentage points equates into almost three and a half million dollars a year by utilizing this little capital line of credit as an interim financing source so it’s it’s a great potential Aven advantage for us to utilize this tool and so what’s the descriptor discrepancy between how the state gets us funds much later than the federal because you said a federal gives me that the week and then it takes 60 to 90 days as that typically been the trainer’s just because of the budget scenario he understate the the state has always been a little longer than the federal government federal government just due to kind of the the mechanisms that they have to distribute funds very quickly but the state has gapped out significantly unfortunately due to the the larger state budget woes so that has gaped out considerably to that 60 to 90 day type timeframe so it’s at least double if not longer what if what is Ben even in the recent past but even longer than what we’ve seen you know years ago so the line of credit would be set up for 24 months you know if we if if it works out as we fully expect we’ll be back to the board for additional authorizations to extend the program Jeremy I’m sorry if you already mentioned this but what other cities are doing this now so many other transit companies you know LA Atlanta Houston DC all have similar type capital program capital line of credit program set up so again you know it’s really just the the pure benefit of the cost savings of borrowing only what you need when you need it and paying at a lower rate until you aggregate up a larger pool to bond out so it’s it’s a great cost savings for us why we’ve given you said it before so a great question so you know as we move forward into the RPM project in particular you know that’s the largest capital program that we’ve ever undertaken here at CTA and it’s a multi-year program so you know we don’t need all of the funding upfront this capital line of credit program functions much like our TIFIA loans that we currently have but also the TIFIA loan that we will be looking for for the RPM project as well so this again you know because of the multi-year nature of the construction of the project this is the the perfect kind of product for that you know additionally we have the fact that the the state budget woes you know have delayed some of the reimbursements longer than what we’ve seen previously as well mr. chairman the another point that I would make is that as you know the city implemented a ride-hailing fee for CTA that allows us to to fund certain capital projects obviously the revenue from that from that particular program will come in over time but this also gives us the ability to accelerate those projects using the line of credit than reimbursing it against the the revenue stream that’s coming in on a ride hailing fee as we go forward so don’t give us a benefit to a local program that we’re also trying to accelerate and move forward so for the the ground transportation tax funding comes in on a monthly basis and we’ve had you know no delay on receiving those funds so they’ve come in as expected in their full amount so will receive sixteen million dollars annually and you have questions and like you say that that’s correct yes and this guarantee with what with the what is the guarantee okay so the the guarantee it will depend on which project we’re funding so if it’s sales tax you know kind of a general infrastructure improvement on the CTA we generally use our sales tax credit as President Carter indicated with regard to projects that are involving the ground transportation tax funds those would be pledged so we do have the flexibility based on whatever the eventual funding source will be that we could potentially pledge those revenues as the security for the program and he stopped beating broses so the the way that we were yes so we’ll go out for bids among the pool of underwriters that were previously authorized so that includes the likes of you know JP Morgan bank of America and the like you know so there’ll be a big pool that will will solicit the the bid to and you know will look for the best price in your questions if there are no further questions may have live to play decide on the onions for approval our next order of business is the review of an ordinance authorizing a lease of retail space and license agreement for basement space and not just in property located 40 620 North Grove with Street Chicago Illinois Jeremy so Mike when the Director of Revenue is also joined me we’re excited to present this ordinance for consideration this is an exciting new opportunity for us to expand the other revenues to the system and that frankly is why you know finance and revenue are presenting this as opposed to planning this is a great opportunity for us to capture some additional revenue for the system so Mike thank you very much good morning everybody Mike Guin director of revenue and fair systems presented for your consideration is an agreement with Chicago Cooperative to lease the historic gerber building at CTAs newly reconstructed Wilson station Chicago operative plans to operate a co-op grocery store under the new name Chicago market there Chicago market will offer local sustainable fresh foods healthy prepared foods and all of the amenities of a full scale grocery store with the goal of offering the community not just a place to get healthy food but also community hub in a meeting place the lease agreement has three components the lease of the 13,000 square foot main gerbera building the building’s basement and the parking space is adjacent to the building under the elevated structure customers will be able to park or where the market could occasionally hold outdoor events the term of the lease is a 10 year base with two five-year options annual rent for the building will begin at 238 thousand three hundred two dollars and will escalate three percent annually and the CTA will receive $18,000 annually for the under L parking area for a total net present value of three point seven six million dollars over the full term Chicago market also plans to invest nearly 1.2 million dollars in capital improvements to the space so in total the proposal represents nearly five million dollars value to the CTA in addition Chicago market plans on creating 75 to 80 new permanent jobs and will work with local community groups and Truman college for job recruitment and job training which called cooperative estimates that it will take approximately 18 months for the necessary design permitting and construction to take place the parcel is the long been of interest to the community and has been the subject of various transit oriented development studies this proposal presented to you fits the recommendations of both the 2012 Urban Land Institute study as well as the UIC Tod studios study that was performed in 2015 and in fact this proposal enjoys significant community support with letters of support from over 40 local residents business owners and nonprofits and elected officials this procurement has been a long time coming and beginning over a year ago and if you’ll allow me I’d like to recognize the hard work of steena fish whose CTAs manager business development for everything that she did to bring the agreement to completion and establishing sea teams first true transit oriented development project and as well as giving us a blueprint to follow as we continue to pursue other innovative revenue generating product projects thank you and I’m happy to answer any questions any questions not yet it’s the Skog cooperative estimates about 18 months it would be at the earliest the end of nineteen they’ve got to do all the design all of the permitting all the construction so there’s there’s still a fair amount of work to be done Wilson stations and such a great addition to the station the building is beautiful I have a chance to be up there 40 bucks ago inside just looking at how they’ve got to continue I guess the steps yeah to passive learning space conversational fees great job thank you – thank you thank you yeah I want to echo that I mean it’s just a beautiful space with that in mind though are we gonna be involved looking at the designs of just assuring that it maintains its historical value everything else yes thank you you absolutely will be involved they will the Chicago cooperative team will be working with our internal departments to review all the plans to make sure that the use is appropriate that there’s proper access to the key components you know we still have the railroad above this so we need to make sure that everything meets the safety and the service needs and the maintenance needs of CTA so we’ll be we’ll be deeply involved in all that and then do we have any idea with regards to the types of jobs that will be determined as they go forward but it will you know it can run the gamut of people supporting it you know stockers cashiers just everything that goes into making a grocery store operate is on the table it’s great are we gonna be spending any type of maintenance ourselves is the the operations maintenance is all their responsibilities yes as a matter of fact we have five of the members of the board here they’re very excited to get started on this it’s a local co-op they’ve got over a thousand members or owners already established and we’ve got with us Greg Berlitz who’s the founder of Chicago market board grant Kessler Kelly Hewitt Lynn Austin and Dana McKinney and the fact that they’re here really shows their commitment to the project their interest in the project they have been very active in this entire process all along so so we’re excited that they’re a good partner with good deep community roots to make this project a success full service in new questions there’s yeah indeed there’s been a lot of development going on and with the sparkling new station there that’s really gorgeous it stands to be a catalyst for even more any questions you didn’t no further questions may I believe to place this item but the opening was for approval some second our next order of business is the review of an ordinance authorizing an intergovernmental agreement with the original Transportation Authority for ventra cars for our ta special fare programs Jeremy and I thank you again this is a renewal of an IgA that we have with the RTA to handle how they procure that the cardstock that they print their archi a special fare program cards on so this is essentially the same IgA that we came forward with in 2013 with just mild changes we’ve made this an ongoing IgA instead of having to come back every five years that can be terminated upon 90 days written notice by either party and we made gave us more flexibility to charge the actual cost of the cardstock instead of a fixed set cost which was in the original IgA our tea has been a great partner to work with with ventra with a lot of our fraud prevention initiatives and happy to answer any questions that you have any wishes so this is an out it’s it’s an outcome of that so so all the service boards are now especially with adventure app able to accept mantra I believe the legislation that you’re talking about required them all to be able to take contact lists fare media ventra takes care of that this is kind of an offshoot of that because the rth manages those free and reduced ride programs needed to get card stock that function on an adventure system so this this allows them to do that any questions is there any progress on the effort to get allow for Adi paratransit customers be able to use their ad of her transit cards on fixed ground that is a question better ask to pace they as I understand it are working on solutions but I don’t have any specifics that I just didn’t feel okay any updates yeah I’m sorry that’s right things any other questions you didn’t no further questions may have lived to place this item and it was for approval thank you our next order of business is the review of an ordinance authorizing a lease of retail concession space located at 25:23 North Kelsey Boulevard Chicago Illinois Carol welcome and congratulations good morning morning Carol Maury your chief infrastructure officer presented for your consideration is a recommendation to authorize a lease of retail concession space located at 25:23 North Kenzie and Chicago CTA owns the building located at 25 23 to 25 North Kenzie as part of its legacy assets most recently the building was leased to first Midwest Bank and the lease expired in March this year March 31st first Midwest elected not to renew the lease in anticipation of the lease termination CTA marketed the property for a long term ground lease CTA is currently in negotiations with the high bidder and it is anticipated that the high bidder will utilize the site for development city lit books an independent bookstore was a subtenant a first Midwest and as a popular local business city let requested an additional year to look for an alternative location in the neighborhood as the one year lease does not interfere with the high bidders plans for the property CTA asked jll to market the property for 30 days to see if there was any other interest city let books was a sole bidder and has offered twenty thousand six hundred and sixty eight dollars annually for the two thousand four hundred and thirty three square foot space which is consistent with the terms of its sublease CTA staff recommends the lease to city lip books I’d be happy to take any questions any questions eater no further questions may heavily to place desire on the onion approval so moved Thank You Carl our next order of business is the review of an ordinance authorizing an intergovernmental agreement with the city of Chicago through his office of emergency management and communications for security-camera maintenance and installation Veronica good morning Veronica Lonnie’s chief of strategy data and technology with me this morning is our director of technology engineering who’s in charge of all telecommunications and out work systems including cameras presented for your consideration this morning as an ordinance authorizing an inter governmental agreement with the city of Chicago through its office of emergency management and communications for security-camera maintenance and installation services as previously announced the CTA is embarking on a multi-year program known as safe and secure to upgrade modernize and expand the CTA security camera system and communications network across the authority portions of the safe and secure campaign involved installing cameras and expanding communications and rail and bus facilities not currently served or supported by the CTA’s network such as bus turnarounds transit signal priority quarters bus garages or rail yards to enable safe and secure projects at these locations staff wishes to enter into an intergovernmental agreement with the city of Chicago to partner with the Office of Emergency Management and communications where city infrastructure and/or city resources are necessary to effectively and efficiently deliver select projects the IGA will include the necessary integration with the OEM c network som C has a prerequisite knowledge experience an authorization to perform the reference work within the OEM CMV projects will be executed via a service request from the CTA to OEM see each individual service request will specify a mutually agreed-upon scope of work cost estimate funding source schedule DB participation or mwb participation if permitted under the funding source each service request will also specify any special insurance right of entry and m ‘no fication or grant compliance work requirements if applicable as part of this process a CTA diversity department will review each service request for possible subcontracting opportunities and OMC will report any subcontractor participation that includes DBE or mwb each individual service request will be mutually authorized by the CTA’s chief of strategy data and technology or the vice president of technology and the OEM c s– executive director a summary of the execute at work will be prepared for monthly board reports for the duration of the agreement the IG is structured to utilize capital and operating funds such as federal department of homeland security and state of Illinois grants as well as the city’s ground transportation tax funds the CTA will provide payment on a reimbursement basis to the OEM see for the cost of approved service request and expenditures under this IG a will not exceed five million dollars over the course of a five-year term we appreciate your consideration of this ordinance so we’re happy to answer any questions any questions we get into it maybe every six months something but just to be to come back to the scope of services and just like to see we have 3800 cameras what is how our objective where do we want to get so the 3,800 cameras that are referenced in the documents are only for rail station facilities total we have 32,000 across the whole authority here we’re only referencing facilities because that’s primarily where we need to coordinate with the city if you want to talk about the additional cameras that we’re installing the additional cameras urban its director of technology engineering digital cameras we’re looking at in the safety secure program are expanding out to bus turnarounds exterior perimeters around our rail yards of bus garages and we can get to anywhere on our right away but once we have to leave our right away and use city streets that’s where the partnership with OMC will come in very handily and whether it’s leveraging om sees network or the resources it allows us to get these additional cameras to these facilities and we have many shapes and sizes of bus turnarounds and other facilities to upwards of 120 bus turnarounds in the program we want to hit and in terms of additional cameras looking to add an additional thousand cameras about the 3800 that we’ve referenced in our current rail facilities and that includes about 650 cameras at rail stations to another 350 at the bus turnaround for that increase of a thousand and what is the chills life of the camera okay how open do you get to change them we’re working on a 10-year life cycle for cameras we we tend to become technologically obsolete before we’re physically obsolete so we is a very dynamic environment for us and we do need to try to stay on the on the edge of technology developments and whatever those technology developments to to our advantage and those technology developments also help us get more coverage so one example would be you know a lot of the installations we’ve been doing in recent years have been 360 cameras so instead of having to install more cameras a 360 camera can give us probably similar coverage than a handful of cameras I would assume were able to update the software with cameras that are used with the cameras instead of having to change the camera completely right is that part of what we look at with with digital IP cameras in in the marketplace they’re all software based the benefit of the technology comes in the improvements to the resolution and the the megapixels on the optics of the cameras so the the cameras will go through a firmware update as manufacturers release updates or software but the interface to these cameras and suffered development allows us to hand off that that digital signal to offloaded systems to do additional processing whether it’s in-house or with this facility how does this mirror other large municipalities as far as from a security standpoint are we you know behind and what this upgrade do we get there or we just ahead of the curve as far as the larger municipality systems CTA started installing cameras back in in 2000 2001 and we’ve increased our camera count – including our nine rail facilities over 5,000 cameras we’ve tended to lead the transit industry with our network and our infrastructure we have a fiber optic network that extend across the authority which allows us to to do a lot more with our cameras than some other municipalities and agencies because we tend to own our structure and your questions there are no further questions may have believed to place this item of the universe for approval second thank you thank you very much thank you our final order of business today is the review of to purchase and sales of were recommendations presenter Ellie McCormack we will will morning we will start with contract he won any questions please remove to contract if one any questions we’ll be happy to do that my tea is the premier public transportation research institution in the world and over the past two years we’ve been glad to have their services and their brainpower to help us with some of our more challenging problems specifically they have updated and enhanced our origin destination model which turns unlinked turnstile entry taps into full customer trip and transfer data which we use daily and our planning and analysis they developed another model which looks at customer impact of capacity scenarios during rush hour which allows us to better measure and address these situations they are helping us to look long-term at how CTA can lead in an era of new mobility services in addition they are assisting us in creating customized analytical models which help us comprehensively analyze bus and rail service customer impact and opportunities for improvement and finally through this relationship we work not only with very smart masters doctoral and postdocs tudents but we also get access to the cutting-edge work that MIT is doing with other global cities it’s a it’s been a productive and beneficial partnership so far we enter into these agreements my life my thinking is one to help us be best in class some type of lead to quantify what’s the return on it it’s great that you’ve got great looking guess what they made this recommendation so we changed things and that’s what we’re changing is it safe this so that that’s that’s what yeah intellectual exercise about transit yeah locally okay we’re making the investment and all of those things sound great but if you were to translate them into Western return on the initial two next year édouard okay to what chairman peterson say okay that that will come in the type of projects that we that we are that we take with them came in because that we choose the the projects right correct yes we choose the projects and then we work with them to to assign the appropriate resources those projects yep so to choosing projects okay that you can make sure okay the return on the investment of Gabe would be yeah yeah definitely yeah I’m happy to go in depth with you on the return on the specific projects yeah well but can you talk about some additionally acquired knowledge that we have now that since we started the project that was brutalizing and possibly using to look at other projects down the road definitely so one example as i mentioned briefly here is the what we call the origin destination model so this is you know we get entry taps into the system so people tap when they come onto the system but we actually sort of don’t know where they end up on the other side of that journey so their their full trip information so what this model does is it looks at all of their their taps that we have not only that the first tap but the other taps that we have surrounding that customer to say you know this this customer tapped in here and you could take a for instance a station like Fullerton or Belmont where you could go on multiple lines in multiple directions and say that based on the other taps that we saw from that customer throughout that day or throughout their history you know they this is what their trip probably looked like and so then this is the capacity of the vehicles that were traveling that that passenger traveled on so it gives us an accurate estimate of demand and capacity on those trips that the customers are taking which is then correlates directly into the service planning that we do and this was a model quite frankly was developed with MIT 10 years ago and it was in need of an update so we needed to integrate the new we were getting from the ventra system so that we could accurately capture that demand and appropriately plan for it and it’s a model that’s used used daily as we look at the various scenarios and plan the capacity behind it absolutely thus the project become public OEC Dre mark for us we work with MIT they’ll read the students will write a theses on the project so they won’t reveal any specific you know confidential information but they’ll be public through their theses projects and some of the projects they’ve even they’ve asked if they could take it further and submit to the Transportation Research Board or other academic places so we’d work with them as we go through that information to publish it in a way that you know conforms with conforms with our standards we’re going outside of just the traditional public sector to give others to come into the look but the steal D itself now they are internal but they’re doing t.t OD OD ot at the federal level yes they do have a research and development group that does sort of some what type of work on a national scope there’s there’s nothing at the federal level that necessarily does at the level that we’re talking about in terms of the individual local transit systems but they tend to gather information from all the systems and then do a broader analysis of that a lot of times there is also funding that we can pursue through through DoD they can support programs for innovative funding and so on and so forth so some of the work that the MIT students may ultimately result in our pursuing additional funding from the federal government to actually support that particularly in the mobility conversation that’s what we’re really trying to figure out sort of what are the things that we should be doing that we’re not doing now that can actually help reverse some of the trends that we’re seeing around the mobility options that people are utilizing today Terry you and I have had a lot of conversations about certain areas of the city where you’re seeing more and more bicycle use and other things we’ve been having specific conversations using the MIT group to figure out how we might be able to offer up various programs that could actually be enticing in coordination with with other services to basically support CTA that type of knowledge I see how yeah they have similar agreements with cities around the world so including London and Singapore and Hong Kong they’ve also done work with Toronto and then they do other work in the US with cities like Boston on the origin to destination modeling sure they are they able to look at breaking down between different types of fare media used by customers you know then we use tickets versus cash versus other fare media for and and identify and make recommendations based on that yes they’re able to get into more of the specifics behind it because we have that information through the through the fair system they’re able to get that sort of more specific data about maybe the type of rider what type of fare media they’re riding on I should point out that that when we were we were going through various scenarios for our fare increase for this year that’s right this was the type of data it was very helpful in us determining ultimately what we thought would be the best recommendation to make to the board that would also generate the revenue that we thought we needed to need in order to maintain our budget expectation so that was a critical component and that analysis that that allowed us to make those decisions any other questions since there is no further business to come before this committee may have a motion to recommend for approval of your neighbors excuse me the Chairman I’m sorry her psych leave the place those two contracts on the Omnibus so I thought we just need to place the money omnibus this if there’s no further question may have leave to place these two contours on the UH news for approval so long since there is no further business to come before the committee may hear a motion to recommend or approval of the onua ii may have a second would the secretary call the roll please yes mr. Miller mr. Wright yes this our rosales mr. Peterson yes this is young one yes chairman Silva yes that motion is approved with seven years boats I’m sorry six maybe seven shortly but it’s six today we’re finest but finally may I have a motion to adjourn so all in favor say aye aye we’re adjourned you formate 92018 will the secretary call the roll yes Reverend Miller mr. vine mr. Rosales yeah mr. Silva yes mr. Youngblood yes chairman Peterson here we have a quorum what six members of the board present thanks Greg the personal of the business today is to public comment great yes we have one public comment speaker I apologize were running a little late mr. Warren if you would like to step to the front microphone should be on and consistent with yeah that’s fine mr. Warren just sit right down and consistent with our rules we ask you to please limit your comments to three minutes sir and go right ahead thank you yes I’d like to thank everybody for allowing me to speak in front of this of us board my agenda is of course bicycle safety because I’m a bicycle rider and I’m hoping that we could possibly have the bus operators an initiative to sensitivity to bike and the main problem is but I have personally it’s like sometimes the operators will start the hydraulic system while you’re still pulling your bike off the front which of course is a safety issue okay that’s the first one the second one is during large activities where you know bikes are not allowed from the fourth of July that kind of thing could it be possible just to dedicate a car just for bicycles and strollers okay because they’re usually the ones that are you know asked not to come on the the train and I had another one I didn’t write it down with my notes but I just want to again you know thank you for the opportunity to address this board and I think moving hundreds of thousands if not millions of people every day okay takes a lot of effort and I think you will all have done a very very good job as a bike rider to be sure so thank you excuse me mr. Warren your application does mention 24/7 community oh yes so that’s what you forgot good what you put in your secondary right the possibility of having a 1-800 type format for travel information I know because well because of the budget I know that the hours at the RTA information service had been cut back they closed at 7:00 now but possibly if the computer I mean if you can do deal with the guro the girl role is a guru go roll over there that the system that you access you know from your smartphone just possibly you know just an 800 number you know Andy top two it voice sensitive activated you know to find out where you going and how you could possibly get there so so thank you mr. lucky me well let me say this first of all mr. Warren thing yes they’re coming down to welcome door well who could follow up in terms of there was one safety issue yeah one of the issues would be for Brian in terms of normally I would probably have died bond to talk to him when that Glen can you talk to him and dance absinthe Glen is the head of our rail operations and can can follow up with you and coordinate with the head of our bus operations I may issue should raise the Rana service about the issue about the hydrology yes and and about the car in a railcar yeah all right okay and then Brian’s right here in the back and Brian Steele who raised his hand taking notes in terms of like you said how to create 24-hour communications with like you said through a voice-activated 1-800 number so yes the in from the top lines but they can do it for that they could do it for people trying to get to a destination thank you for coming mr. Warren one of the thing um and thank you for coming in your your comments just do you give regular feedback call the number or email the feedback in or through the website when you have this kind of experiences how do you mean yet there’s a CTS a toll-free number you can call with the customer service center you can give feedback on your experiences what has it been negative well yes there is but because of the budget restrictions unless you are today that CTE I just want encourage you to to give feedback when you have these kind of experiences you know as they happen so they can be quality evening the feedback that you call the number and 188 your CTA yes and and give your feedback customer service yeah oh thank you yeah I think this work and that concludes our public comment sections today chairman Peterson thanks Greg the next order of business is the approval of the Board minutes of 2018 of a power April 818 2018 regular board meeting the meeting the minutes were previously distributed any comments if not entertain a motion to approve the minutes of the regular board meeting of April 18th 2018 mr. mr. Miller mr. Irvine yes miss Alma Rosales yes mr. Silva yes mr. Youngblood abstain abstain chairman Peterson’s yes that motion is approved with five yes votes an abstention by mr. Youngblood thanks Greg will now take up executive session matters it is my understanding that there will be no executive session this morning Karen all right thank you I now like to address board item number 5a approving of resolution setting the time of the June 2018 regular board meeting possessive resolution was previously distributed may I have a motion to approve second second mr. Miller the Servine yes miss Rosales yes mr. Silva yes mr. Youngblood yes when Peterson yes that motion is approved with Thank You chairman Peterson the Committee on strategic planning and service delivery met earlier this morning the committee approved the following sets of committee minutes June 14 27 teen July 12th 2017 from November 15 2017 and January 10th 2018 the committee reviewed the following ordinance an ordinance authorizing a fifth experiment for bus route number thirty one thirty first the committee places item on the Omnibus and recommended budget the Committee on Finance bodies ambassador leader this morning the committee approved the April twenty eighteen minutes the committee reviewed the finance report the committee referred the independent auditors report for fiscal year 2017 to the June board meeting the committee will review the following ordinance an ordinance authorizing the establishment of a short-term borrowing program for capital purposes secured by sales tax receipts an or certainty Hika revenues authorizing the issuance from time to time to of obligation secured by site by such revenues an aggregate principal amount of standing at any one time not in excess 150 million to such short term borrowing program and authorizing the execution and the leave one or more supplemental in dangers under wish such obligations our issue an ordinance authorizing a lease of retail space a license agreement for basement space and adjacent property located for the 620 North Broadway Street Chicago Illinois an ordinance authorizing and intergovernmental agreement with the original Transportation Authority for paint truck cars for RT a special fare programs an ordinance authorizing a lease of retail conceptual space located at 25 23 north KC Boulevard an ordinance authorizing an intergovernmental agreement with the city of Chicago through his office of emergency management and communication for security-camera maintenance and installation services the committee also reviewed to purchase a sensor were recommendations the committee recommended for approval for the ordinance and both of the contracts the committee place all of these items on the only work for approval that concludes my report Thank You director silver man I have a motion to approve the Omnibus as stated by director Irvine a7 so move mr. Miller yes mr. lang yes nosov Rosales yes mr. Silva yes sister Youngblood yes sir when Peterson yes that motion is approved with six yes votes thanks Greg tonight’s little business as a construction report Chris and Carol chris boucher you’re chief of red purple modernization Carol Morey your chief investment officer Juan Pablo Gatto interim senior manager of diversity programs welcome Carol today we have five projects the first one the 95th Street terminal Improvement Program of course we had the opening of the South Terminal in the middle of April thank you for everyone that was able to make it out there we continue now working very closely with the contractor on aggressively moving forward with the North Terminal the project remains tight to budget and to schedule we have some photographs here of the opening as well as some of the main features of the South elevation of the South Terminal I think those of you that are driven by here would recognize this as maybe the new gateway on the southern side to the city of Chicago expanding service in line with both the president and the board’s direction so it is a very positive facility and we’re working hard now to bring the north the north in as well Carol I think has jumped into that with both feet and we look forward to – an exciting conclusion to the project you can see some of this is not just a facility that improves the lives of our passengers primarily by providing additional service but also our employees who were working also in a facility that challenged their their ability to provide good service every day so this new these new rooms and new services for our employees are a critical part of this project as well the Loop Station lusatian upgrade continues tight to budget and tight to schedule we are working most most diligently on the completion of the project and the installation of the elevators those who has seen the progress out there we are starting to to actually install the components of the elevators the rails and the other things that end up being a critical part of the elevator structure in addition we’re beginning the installation of the panels that go on the outside of this something that we took great care in in designing particularly because this is a historic station so I think we’ve risen to the challenge of making that accessible yet honoring the historical nature of the project installation of stairs and other components moving on to the Ravenswood looped signal upgrade project this project continues on budget and tight to schedule we continue to get into the installation of the various components on this project so as you know we install switch machines cabling and signal houses so the one progress you’re seeing here is really this is the complete a completed or nearly completed relay house so you’ve seen this build the platform run the cabling now you’re seeing the kind of the completion of some of the critical wiring and the care that goes into that wiring every wire in this system is identified and they’re dressed in a way that enables our maintained errs once we’ve taken use of this to to be able to work and maintain these in an efficient process Illinois medical district continues again tight to budget tight to schedule but good progress particularly at Ogden you can see from the photographs a lot of the the bones of this and this has been a challenge for us because some of the deteriorated concrete we discovered out there as well as some of the storm damage but you can kind of see the bones of this new station this new accessible station house taking place here so we look forward to the installation of the of the elevator in Ogden and the reopening of this and the Pauline entrance as well we’re looking at August so but we’re sort of we’re in the process of refining how that Paulina and how how the Ogden entrances work together because of the amount of work that’s occurring really at Ogden making sure that we open those two in concert and the passengers that would get on apply that can make by that area should we open it a little early I mean Paul line is a little simpler piece of work but its main challenge is sort of getting through the construction area into the area where the service is being provided at the moment at Damon so those stations as you kind of stack them West East would be Damon Ogden and Paul lino so if we open Paul liner early we just want to make sure everyone can get by Ogden safely before it opens in the summer cool East Lake Milwaukee Illinois station continues on-time and on-budget the usual progression on these is to do the exterior work you’ve seen photographs of that then we go through a period of doing some deep infrastructure in and around the substation that and the testing of this utility grade equipment that goes in to the installation of that equipment at the various substation so here you can see the installation delivery of a transformer some of the DC breakers as you know we transform power then we rectify it and turn it into from AC to DC and then these breakers at various stages control our ability to turn it off or provide it to distinct areas it’s really in many ways a much more heavy duty type of system but not dissimilar in components – those were common and we understand in our own homes everything’s bigger those little tiny things that you see and flip the switch on that’s the equivalent here of the industrial sized one so it’s you know as as wide as we are and as tall as we are so it’s not just a little thing goes of course generally speaking this equipment has an industry life standard of approximately 20 years we take excellent care of it so sometimes we can get a little bit more time out of that but we also as we install and renovate these make assumptions on capacity so they look much like the amperage of your service at home we make certain assumptions when we install it that also have to be revisited as time goes on and we have areas in the system where the traction power capacity where we’re at traction power capacity so expanding that is also part of our program so it’s not just replacing it calm after 20 plus years it’s also looking at places where we need to expand it the maintenance is done in-house by local 134 substation electricians and that concludes my presentation I have a question it’s not really related to these projects but um the the Washington Wabash elevator I just keep noticing it’s out I mean it was when I was coming in this morning was out again from yesterday it’s a new elevator I mean whether it was one of the elevators it was out is there anything unusual at that elevator where it keeps going out and I’m this wondering if there’s anything it’s present there that we’re gonna avoid in the new quinsy elevators well I would say that our you know we’re working very closely with c-dot who constructed that station on the elevator issues out there and with the manufacturer of those elevators to to make sure we can address it here first and foremost but that we learn from any issues that arise out of it so I can’t tell you that there have been any specific issues in general the commissioning of these pieces of equipment is extremely important and making sure that we have the time to do that and we work very closely with the electrical contractor the elevator installer and and the general contractor to to have the space to do that properly that’s that’s always a challenge this new pieces of infrastructure are very there they have a lot more technology in them they’re there they’re good solid pieces of infrastructure but making sure we can Commission them correctly is critical so we’re working through all those issues with partner seedot and I expect that will we’ll have them resolves as it goes for one of the other things that we have done as Chris mentioned because these and new elevators are all under warranty and as such the the manufacturer elevator basic comes and repairs it but I’ve asked Chris and his team or now Carol and her team to basically get access to those records so we can actually know what went wrong and what they fixed so that we can then learn from that and apply that in terms of lessons that we may need for future elevators that we’re building ourselves and the other change that we’re making so starting at Illinois medical district will be commissioning a new elevator we’re bringing in some additional resources specific elevator commissioning group to provide some some consulting services and make sure we get that done right thank you Oh so on the imd station the DBE commitment is meeting the goal so the contractor is on track to meet their DB commitment so before the contract was awarded we held outreach events with the contractor to make sure that they reached out to as much of the DBE community as possible we held several events and they needed to turn in their DBS at time of bids thank you yes thank you so Chris first of all let me just congratulate you and Carol again on your promotion it just goes to show that no good deed goes unrewarded more work no more money just do titles I should do a rule we’ll figure out the rest but again congratulations to both of you again it’s always important to have a bench because you know one of the things that I’ve learned in public service is that good people do move up or retire or whatever and you always want to have you know good people behind you so I think you taking over the largest project of you know I’ve been here now since 2009 I mean there’s this realization project it’s going to be a signature project justice Carol will take on complete the binding 5th Street Station but then will be tasked with working on the Red Line extension from 95th Street 230th Street so again you know a lot of work that we’re doing it’s like you almost do the day-to-day but then you’ve got divisionary things that we’re trying to accomplish the extension the red purple modernization project at some point if we get a capital bill we’ve got to continue to do the investment on the blue line along the the Eisenhower we’ve got to get to that station as well so again congratulations to both of you and to everyone that de Deauville promoted it’s just great to have that kind of in-house talent where you can promote upward but then you can also give the folks who’ve been near the opportunity to take on additional responsibilities I know global has some additional comments yes I’m sure Chris may have some things to say about about this individual as well but I wanted to make sure that the board was aware of the fact that we’re about to lose a very valuable member of the team who has decided that he is for some reason put in enough years to basically call it a day Bob Whitman who oversees our construction operation under under Carol shop now it’s going to be leaving us soon and this is going to be his last board meeting that he’s attending with CTA I’ve known Bob for a number of years and have watched him you know grow up into and take over the leadership role in the construction group and and he certainly as a legacy of projects and work that he has done here that CTA will benefit from for decades to come and I personally want to thank Bob for his commitment and service to CTA and and not only the work he’s done on all these projects but the team he’s developed underneath them said that I proved very capable of managing you know my route of projects over the years and obviously wish him all the best in retirement and I will now turn it over to Chris who I’m sure wants to say a few words as well well I didn’t a spoke stone because he’s always behind the scene let’s have him come up because unless you really have had some time and what I’ve gone out the projects I recall when I went out to the Wilson station had a chance to walk wouldn’t go but the way you seemed sitting in the back kind of unassuming quiet that’s pretty much as the dinner well I’m gonna you know less is more in this one I certainly will say no person is an island and I’ve had a great team to help me out that now is with the exception of Bob dedicated to to the success of the projects and delivering better service and better infrastructure to our customers so I definitely want to thank Bob but in this case I actually just want to stand up and give him a round of applause [Applause] [Music] [Applause] [Laughter] it was ten he had an internship at high school – King right here for my school but Bob on behalf of the board thank you you know one of the things that I know I’ve enjoyed in my peers is that when you drive throughout the city you can see your imprint you can see things where you’ve made a difference for millions of customers who will ride mass transit and so you know it’s it’s one of those things where folks don’t realize all the things that you’ve been able to be involved in but those of us have been here for any length of time appreciate your hard working is this Chris mentioned a little bit earlier he gets to come up and brief us in terms of what’s going on with the projects but a lot of us have got an opportunity to know you that you’re behind the scenes with the rest of the team making it happen so on behalf of the board again congratulations I know you’re not going to retire just so now you’re too young and play golf but thank you how long have you been here 27 years 27 years yeah not quite but if I could scare them in just real quick just let me thank Chris and Carol for their support President Carter and past presidents and the board support for having faith in me to run the projects I’ve got to work on so many great projects in my career that I think have benefited our customers Brown Line capacity expansion red line south 95th Wilson so again it’s been a it’s been a great time working here I’ve got to work on so many great things and work with a lot of great people who are all sitting in this room here so I’m gonna miss that obviously the most so I appreciate it thank you thank you Gregg is in a new business to come before the board no sir with no further business to come before the board my motion to adjourn so moved all in favor say aye aye we’re adjourned thank you you

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