SUBSTITUTE
ORDINANCE
WHEREAS, racial minorities make up more than sixty percent (60%) of the population of the City of Chicago; and
WHEREAS, to reverse many years of discrimination against minority and women-owned businesses, the City of Chicago and its sister agencies have established goals for participation in public contracts by minority and women-owned business; and
WHEREAS, to the detriment of minority communities, the City of Chicago and sister agencies have fallen short of published goals for minority and women-owned business participation in public contracts; and
WHEREAS, without professional assistance, the City Council has been unable to effectively and objectively assess, monitor, and assure compliance with established goals for participation in public contracts; and
WHEREAS, the City Council is a duly-elected body, it is their obligation to provide oversight and monitoring of agencies that have unelected boards; and
WHEREAS, the creation of a City Council Legislative Office of Minority and Women-Owned Business Participation and Compliance will enable the City Council to provide ongoing oversight of compliance with established goals for participation in public contracts; and
WHEREAS, the City Council has an obligation to identify funding for the City Council Legislative Office of Minority and Women-Owned Business Participation and Compliance; and
WHEREAS, elimination of the exemption from personal property lease transaction taxes for car-sharing organizations is appropriate inasmuch as car-sharing organizations have changed from not-for-profit to for-profit entities; and
WHEREAS, elimination of the exemption from personal property lease transaction taxes for car-sharing organizations will generate additional annual revenue sufficient to effectively fund the City Council Legislative Office of Minority and Women-Owned Business Participation and Compliance; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. Recit...
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