CHICAGO (CBS) — Members of the Chicago City Council’s so-called “Progressive Caucus” were trying to pressure the Emanuel administration to help move an ordinance that would provide more information about efforts to privatize city assets or services.
Proponents said the measure to require more disclosure of pending privatization deals has been bottled up in committee, even though Mayor Rahm Emanuel said he’s generally in favor of the proposal.READ MORE: Suspect Shot, Wounded By Police On Lower Wacker Drive; 2 Others Taken Into Custody
Ald. John Arena (45th) said the city’s history with privatization shows aldermen need more information about such efforts before they vote on turning over city services or assets to private companies.
“This is an opportunity for leadership. This has been discussed since the parking meter deal passed; that we need the council to be a forum to discuss our financial transactions, discuss privatization deals, and evaluate them on their merits,” he said.