The Board authorizes the use of various new avenues of financing, including, but not limited to:
(A) The issuance of Metra bonds, as is appropriate;
(B) Regular fare increases as required to address anticipated increases in the cost of supplies, labor and debt service for the capital projects;
(C) Leverage, to the extent feasible, fare generated revenues to obtain larger federal and other grant dollars that require a local match; and
(D) Continued aggressive application for funding from federal and state sources to alleviate the burden placed on our riders.
(Res. MET 14-16, passed 10-9-2014)