Chicago Mayor Rahm Emanuel's Infrastructure Trust board held its first meeting yesterday amid continued questions about the initiative's oversight. Trust board member and former city Inspector General David Hoffman said that current Chicago Inspector General Joseph Ferguson ought to have clear powers to investigate Trust activities and proposed projects.
The Trust is a non-profit, non-government agency that will use private investment money to fund public infrastructure projects. But what the Trust will fund and how it will operate was not sufficiently defined even after city council passed the plan in April.
The mayor's office believes the inspector general can investigate the Trust, according to the Chicago Sun-Times. But the ordinance is drafted so that some Trust projects may fall outside the inspector general's jurisdiction. Hoffman hopes that the five-member Trust board will draw up procedures to allow inspector general oversight.