Corruption, debt and ride-sharing on City Council agenda

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

The Chicago city council is taking up several key issues Wednesday.

Aldermen are expected to pass an ordinance requiring contractors to report corruption or lose city contracts.

The proposal has been lauded by Mayor Rahm as a ‘key reform.’

Critics argue that contractors who are breaking the law are unlikely to tattle on themselves given the potential legal and financial ramifications.

The Council also will discuss nearly $2 billion in new borrowing for capital improvement projects.

The debt could cost taxpayers more, after Chicago’s bond rating was downgraded last year.

And Aldermen also are expected to approve a new regulatory ordinance,  requiring ride-sharing services to be licensed and taxed.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.