
The second time was the charm for a pass-through of funds from the city to the CTA — but only after City Council members were told the $26.1 million real estate transfer tax windfall would be used to help retire pension obligation bonds.
Six days ago, the seemingly routine and non-discretionary request triggered a buzz saw of opposition from Budget Committee members livid that CTA President Dorval Carter Jr. didn’t see fit to testify about how the money would be spent.