April 24, 2012 01:21 PM
Chicago Infrastructure Trust Approved
The Chicago City Council overwhelmingly approved Mayor Rahm Emanuel’s plan to finance public works with private money, putting aside concerns voiced by dissenting aldermen and the BGA that the plan needed more oversight supervision.
By BGA
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The Chicago City Council overwhelmingly approved Mayor Rahm Emanuel’s plan to finance public works with private money, putting aside concerns voice by dissenting aldermen and the BGA that the plan needed more oversight supervision.
The Council approved the plan 41-7 after an attempt to amend the ordinance was tabled. That amendment called for the so-called Infrastructure Trust to be more open to the Illinois Freedom of Information Act and Open Meetings Act.
The BGA had participated in the effort to make the Infrastructure Trust more available to those provisions and to expand the oversight of the trust by the city Inspector General.