Share to Facebook Share to Twitter Bookmark and Share
Record #: O2018-990   
Type: Ordinance Status: Failed to Pass
Intro date: 2/28/2018 Current Controlling Legislative Body: Committee on Committees, Rules and Ethics
Final action:
Title: Amendment of Municipal Code Section 2-32-520 concerning City's authorized investments in various industries and companies and adding new Section 2-32-521 entitled "Environmental, Social and Governance Investments"
Sponsors: Arena, John
Topic: MUNICIPAL CODE AMENDMENTS - Title 2 - City Government & Administration - Ch. 32 Dept. of Finance
Attachments: 1. O2018-990.pdf
Related files: R2019-362
Michelle A. Harris Alderman, 8th Ward
Public Service Office 8359 South Cottage Avenue, Suite A Chicago, Illinois 60619 Telephone: (773) 874-3300 Fax: (773) 224-2425
COMMITTEE MEMBERSHIPS
Committees, Rules and Ethics (chairman)
Budget and Government Operations


License and Consumer Protection
MICHELLE A. HARRIS
City Hall, Room 200 121 North LaSalle Street
Chicago, Illinois 60602 Telephone: 312-744-3075
City Council Meeting March 13, 2019
To the President and Members of the City Council: Your Committee on Committees, Rules and Ethics:
02018-990 Amendment of Municipal Code Section 2-32-520 concerning City's authorized investments in various industries and companies and adding new Section 2-32-521 entitled "Environmental, Social and Governance Investments." (Re-referred to Committee on Finance)
02018-9438 Amendment of Municipal Code Sections 2-156-149, 2-156-150 and 2-156-190 regarding governmental ethics scope of requirements and filing due dates.
R2018-1151 Amendment of Rules 49 and 55 of Rules of Order and Procedure for Years 2015-2019 requiring City Council Committee Hearings to be broadcasted or aired via Internet or any other available transmission process. (Amended in Committee)

begs leave to recommend that Your Honorable Body approve the re-referral and pass the ordinance and the resolution, which was amended in Committee to add an effective date of September 30, 2019 and make passage contingent on duly appropriated funding. These items are transmitted herewith.

These recommendations were concurred in by a viva voce vote of the Committee on Committees, Rules and Ethics.

Respectfully submitted,

Alderman Michelle A. Harris, Chairman Committee on Committees, Rules and Ethics

Committee on Finance

Ordinance

WHEREAS, in conjunction with its fiduciary obligation, the City of Chicago shall consider the behavior of the companies it invests in, and encourage practices that are environmentally friendly, socially responsible, and which promote good governance; and...

Click here for full text