CHICAGO — With Illinois behind a record $290 million in payments to the Regional Transportation Authority, the agency is awaiting Gov. Pat Quinn’s signature on a bill that would allow it to issue an additional $140 million of taxable cash-flow notes to keep Chicago-area trains and buses running.

The RTA — oversees the Chicago Transit Authority, Metra commuter rail, and Pace suburban bus service — expects the governor’s signature shortly, allowing the agency to borrow in July, said RTA chief financial officer Joseph Costello.

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