Chicago Adopting New Privatization Rules

The proposed privatization ordinance is aimed at addressing all of those concerns even though there are no privatization proposals in the pipeline

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By Fran Spielman

Chicago Sun-Times

Mayor Rahm Emanuel is finally delivering on his campaign promise to establish rules of the road for privatizing city assets and services to make certain that the parking meter debacle is never repeated.

A similar privatization ordinance championed by the anti-Emanuel Progressive Caucus has been languishing in a City Council committee for years.

During a campaign forum on ethics reform in December, Emanuel was asked why he doesn’t support that ordinance. He responded with a promise to introduce a privatization ordinance of his own that would “codify” the process he used to evaluate and ultimately reject privatizing Midway Airport after one of only two bidders left the runway.

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