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Record #: O2015-5434   
Type: Ordinance Status: Passed
Intro date: 7/29/2015 Current Controlling Legislative Body: Joint Committee: Finance; Budget and Government Operations
Final action: 11/18/2015
Title: Amendment of Municipal Code Title 2 by adding new Chapter 2-164, and modifying Sections 2-8-035, 2-32-035 and 2-56-050 regarding privatization of City assets and services
Sponsors: Emanuel, Rahm, Sawyer, Roderick T., Hairston, Leslie A., Mitts, Emma, Sposato, Nicholas, Mell, Deborah, O'Connor, Patrick, Smith, Michele, Burnett, Jr., Walter, Arena, John, Scott, Jr. Michael, Cappleman, James, Pawar, Ameya, Waguespack, Scott, Moore, David H., Napolitano, Anthony V., Curtis, Derrick G., Moreno, Proco Joe, Zalewski, Michael R., Mitchell, Gregory I., Beale, Anthony, Burns, William D., Moore, Joseph, Foulkes, Toni, Lopez, Raymond A., Quinn, Marty, Thompson, Patrick D., Dowell, Pat, Sadlowski Garza, Susan, Laurino, Margaret, Ramirez-Rosa, Carlos, Munoz, Ricardo, Villegas, Gilbert, Brookins, Jr., Howard, Ervin, Jason C., Taliaferro, Chris, Hopkins, Brian , Reilly, Brendan, Harris, Michelle A., Silverstein, Debra L., Santiago, Milagros
Topic: MUNICIPAL CODE AMENDMENTS - Title 2 - City Government & Administration - Ch. 8 City Council & Wards of City, MUNICIPAL CODE AMENDMENTS - Title 2 - City Government & Administration - Ch. 164 Privatization - Transparency, Accountability and Performance, MUNICIPAL CODE AMENDMENTS - Title 2 - City Government & Administration - Ch. 32 Dept. of Finance, MUNICIPAL CODE AMENDMENTS - Title 2 - City Government & Administration - Ch. 56 Office of Inspector General
Attachments: 1. O2015-5434.pdf
Amendment of Municipal Code Title 2 by adding new Chapter 2-164, and modifying Sections 2-8-035, 2-32-035 and 2-56-050 regarding privatization of City assets and services
Joint Committee: Finance; Budget and Government Operations
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OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL MAYOR
July 29, 2015









TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request ofthe Budget Director and the Chief Financial Officer, I transmit herewith, together with Alderman Sawyer and others, an ordinance amending various provisions ofthe Municipal Code regarding privatization of City assets and services.

Your favorable consideration of this ordinance will be appreciated.

Mayor

Very truly yours,
ORDINANCE

BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:

SECTION 1. The Municipal Code of Chicago is hereby amended by adding a new Chapter 2-164 as follows:

CHAPTER 2-164 PRIVATIZATION - TRANSPARENCY, ACCOUNTABILITY AND
PERFORMANCE


2-164-010 Purpose and intent.

This chapter shall be known and may be cited as the "Privatization Transparency, Accountability and Performance Ordinance." It is the purpose of this chapter and the policy of the city: (i) to subject the proposed sale, lease, or concession of significant City assets to careful evaluation and meaningful public scrutiny, and to ensure that Chicagoans receive appropriate benefit from such transactions; and (ii) to ensure that Chicagoans receive high-quality public services with due regard for cost to the taxpayers of the City and for both public and private sector workers who may provide such services.


ARTICLE I - ASSET TRANSACTIONS

2-164-020 Definitions.
Whenever used in this Article, the following words and phrases shall have the following meanings:

"Affected Department" means a City department authorized to manage an Asset that is subject to a Transaction.

"Asset" means any stationary physical infrastructure that: (i) the City owns, or exercises significan...

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