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§ 2-165-010 — Purpose and intent

Municipal Code of Chicago (2026 S-74, current through Council Journal of June 17, 2026) · Municipal Code of Chicago § 2-165-010

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2-165-010 Purpose and intent.

This chapter shall be known and may be cited as the "Debt Transactions Accountability Ordinance". It is the purpose of this chapter and the policy of the City: (i) to subject proposed Debt Transactions, as defined herein, to more rigorous evaluation and more meaningful public scrutiny; (ii) to ensure that Chicagoans receive appropriate benefit from Debt Transactions; and (iii) to provide greater access to data reporting and other pertinent information regarding Debt Transactions. (Added Coun. J. 5-18-16, p. 23569, § 1)