Monday, December 18, 2017

Investigation: Emanuel's Chicago Infrastructure Trust has cost taxpayers $5 million but has contributed little, and other news | Bleader

Investigation: Emanuel's Chicago Infrastructure Trust has cost taxpayers $5 million but has contributed little, and other news | Bleader: "Mayor Rahm Emanuel launched the nonprofit Chicago Infrastructure Trust in 2012 with the promise of finding private investors to fund public infrastructure improvement projects. But the trust has cost Chicago taxpayers more than $5.1 million in administrative costs and salaries without raising any money, the Sun-Times reports. And it's accomplished little beyond assisting the city in choosing contractors for streetlight upgrades and the $95 million police and fire training academy. "There's no excuse for the mayor to avoid closing down this thing that's been a complete failure," a high-ranking Chicago official told the Sun-Times. "They've done nothing that can't be done by [the Department of Fleet and Facilities Management] or the Public Building Commission.""



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