New slide:  President’s Report September 15, 2010

New slide: New Morgan Street Station

First brand new station in more than 10 years.
Serves Pink and Green Line riders.
Provides access to the West Loop.
Construction is being funded by the City of Chicago.

A drawing shows what the exterior of the new Morgan station will look like once it is complete.  A picture of the press conference held at the ground breaking ceremony is shown.  Mayor Richard M. Daley, CTA President Richard Rodriguez, and CTA Chairman Terry Peterson are pictured.  

New slide:  State of Good Repair Needs

CTA’s need for capital dollars is not unique.
Transit agencies are struggling to maintain aging assets.
Nationwide, $77 billion in deferred maintenance backlog.
Poor track conditions require slow zones.
Poor structure condition requires temporary measures.

Two pictures show deteriorated train tracks and a viaduct in need of repair.

New slide:  Capital Work Will Improve Service
 
Station repairs and upgrades for better customer experience. 
Ties, track, and infrastructure work for faster, more efficient service.
Four pictures appear.  Clockwise, the first picture is of a station staircase in need of repair.   The second picture shows a crew of workers repairing elevated tracks.  The third picture shows many tracks intersecting and crossing over each other.  The fourth, and final, picture is of the new Sedgwick station platform and elevator.  

New slide:  2011 Budget Preview

Disciplined and effective management will continue as economy remains sluggish.
Identified millions in efficiencies without adversely impacting current service levels.
A graphic lists the multiple efficiencies that CTA has identified for the 2011 budget, which are as follows:  Position Elimination $7.2 million, Strict Overtime Management $5.5 million, Unpaid Days and No Wage Increases $9.7million, Delayed Hiring $13.7 million, and Expenditure Reductions $17.5 million.

New slide:  Fiscal Responsibility until Economy Recovers

The picture shows several customers seated inside a CTA bus.

New slide:  Visit to Bombardier Plant in New York

The picture shows CTA President Richard Rodriguez inside a new 5000 series rail car in production.  The cables and infrastructure that is behind the rail car walls are exposed.  

New Slide:  Testing Continues on the Blue Line

The picture is of a new 5000 series rail car berthed at a CTA rail station. 

New slide:  President’s Report September 15, 2010