Six Chicago City Council aldermen will suggest a number of changes to Mayor Rahm Emanuel’s proposed Infrastructure Trust public-private partnership at tomorrow’s city council meeting, where city lawmakers are expected to vote on the controversial Trust.
Driving the changes is the notion that Emanuel’s Infrastructure Trust – where the city uses private investors to fund public infrastructure projects – concentrates too much unchecked power in the hands of the mayor and a five-member Infrastructure Trust board.
“We are not opposed to the Trust in principle,” says Ald. John Arena (45th), one of the amendment authors. “We want clear, enforceable oversight built into the ordinance.” Read more »
