Chicago Mayor Rahm Emanuel today will announce a number of business leaders who he's nominated to serve on the board for the city's soon to-be-implemented Infrastructure Trust.
The Chicago Infrastructure Trust was approved by City Council 41-7 in May, and aims to provide a public-private parternship to help fund needed infrastructure improvements in the city.
Critics turn a cautious eye toward the program because it could lack oversight, and it's not clear if more profitible projects will be tasked ahead of more immediate problems because of the private funding aspect.
The nominees are:
- James Bell (Chair), Executive Vice President, Boeing Corporation (Retired)
- Diana Ferguson, Former Chief Financial Officer, Sara Lee Foodservice; Former CFO, Chicago Public Schools
- David Hoffman, Partner, Sidley Austin LLP
- Alderman John Pope, 10th Ward
- Jorge Ramirez, President, Chicago Federation of Labor