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Record #: Or2018-469   
Type: Order Status: Failed to Pass
Intro date: 9/20/2018 Current Controlling Legislative Body: Committee on Finance
Final action:
Title: Call for Municipal Employees Annuity and Benefit Fund of Chicago, Laborers and Retirement Board Employees' Annuity and Benefit Fund of Chicago, Policemen's Annuity and Benefit Fund of Chicago, and Firemen's Annuity and Benefit Fund of Chicago to divest holdings in companies owning or operating private prisons
Sponsors: Burke, Edward M., Solis, Daniel
Topic: COMMITTEE/PUBLIC HEARINGS - Committee on Finance
Attachments: 1. Or2018-469.pdf
Related files: R2019-362
WHEREAS, the City of Chicago is committed to ensuring that its investments and resources are aligned with the public health, safety, moral, and welfare principles that it is charged with protecting and upholding; and
WHEREAS, with measures such as its adoption of the MacBride Principles to protect religious minorities in Northern Ireland, requiring Slavery Era insurance policy disclosures from contractors, encouraging sweatshop free procurement, and requiring sexual harassment prohibition policies from its contractors, the City has demonstrated that its considerable financial leverage can advance social justice while espousing fiscal responsibility; and
WHEREAS, the time has come yet again to cast attention upon another humanitarian crisis, this time involving the federal administration's treatment of those who come to our borders and shores seeking not just prosperity and economic opportunity but, increasingly, basic refuge and survival; and
WHEREAS, earlier this year, Chicago and the world's attention was drawn to another installment of the current presidential administration's increasingly punishing immigration policies—the "family separation" policy in which families lawfully at the border seeking asylum and those attempting an illegal border crossing were forcibly separated from their children; and
WHEREAS, this separation occurred as the adults were subjected to criminal prosecution instead of the administrative immigration court process that the misdemeanor infraction of unlawful entry typically garners; and
WHEREAS, the family separation policy resulted in at least 2,000 immigrant children being separated from their families within a six week period between April and May of 2018, and many await reunification months later; and
WHEREAS, on June 27, 2018, the City Council of the City of Chicago officially denounced this so-called "zero tolerance" separation policy via resolution, joining a resounding chorus of condemnation; and
WHEREAS, in its fiscal year...

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