ORDINANCE
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. Section 2-92-330 ofthe Municipal Code of Chicago Is hereby amended by deleting the language struck through and by Inserting the language underscored, as follows
2-92-330 Contracts - Percentages of city and project area residents work hours -Enforcement.
(Omitted text unaffected by this ordinance)
(a) For any construction project advertised, or if not;advertised, awarded, by the city that has
an estimated contract value of $100,000.00 or more, and where not otherwise prohibited by
federal, state or local law, the total hours worked by persons on the site of the construction project
by employees of the contractor and subcontractors shall be performed (i) at least 60 percent
by city residents; and (ii) at least 10 percent by project area residents. Work hours performed
by project area residents shall be considered to be work hours performed by city residents for
purposes of calculating the minimum work hour percentage required to be performed by city
residents.
(Omitted text unaffected by this ordinance)
(b) Implementation of the requirements established in subsection (a) of this section will be
achieved by including in contracts and subcontracts described therein the following language;
(Omitted text unaffected by this ordinance)
When work is completed, in the event that the city has determined that the contractor failed to ensure the fulfillment of the requirements ofthis section concerning the work hours performed by eligible residents or has failed to report in the manner as indicated above, the city will thereby be damaged in the failure to provide the benefit of demonstrable employment to eligible residents to the^degree;stipulatedin this isection. Therefore, in such a case of non- compliance it is agreed that 1/20 of 1 percent (.05%). 0.0005 1.5/10 of 1 percent ^ 15%i. 0.015. ofthe approved contract value for this contract shall be surrendered by the contractor to the city in paymen...
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