Former Mayor Richard J. Daley talked about extending the Red Line South to 130th Street, today the City Council voted to make it happen.
Those stations will be at 103rd; 111th Street near Eggleston Avenue; along Michigan Avenue near 116th Streets; and the new terminus, at 130th Street near"This was a promise to our community 50 years ago. I remember as a kid growing up talking about the extension. That was a buzz throughout the community. People were saying, `When will we get ours?’ " said Ald. Anthony Beale , whose Far South Side ward would benefit the most, said as he opened debate.
Retiring Zoning Committee Chair Tom Tunney said he is "totally in support" of the extension. But, he said, "We need partners at the state and the county." He accused Cook County of "passing the buck on this." The new TIF district is controversial because it isn’t in the area where the money will be spent — Beale has called it a "rob-Peter-to-pay-Paul" approach., from Madison Street south to Pershing Road. Property tax growth over the next 35 years in that area will fund part of the $3.6 billion Red Line extension further to the south.
"When you take TIF money from one neighborhood and spend it in another, it really feels like theft. It feels low down and dirty," Dowell told CTA President Dorval Carter Jr. during a Finance Committee hearing earlier this week.The Chicago City Council's finance committee is shelling out money. But, Dowell has argued the Red Line South transit TIF is "not the same" as the one created on the North Side.
"I wish I had other places I could go," he told alderpersons earlier this week. "I’m happy to talk to you about where I went. But right now today at this moment, I need the help of the City Council to make this project a reality. … This community has waited over 30 years to get this. You have the opportunity to give it to them — finally.
"This is an incredibly important inflection point for rail transportation and giving those communities the same kind of investment that other communities particularly on the North Side have enjoyed for decades. This opens up so much potential on the Far South Side. I’m excited that this is happening on my watch."
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