Chicago Mayor Rahm Emanuel has picked five people to serve on the inaugural board of the Chicago Infrastructure Trust.
The City Council approved formation of the trust in April. The program includes plans to replace crumbling commuter rail stations and century-old water pipes. The trust will start with $225 million in energy efficiency projects for government buildings.
Emanuel on Monday announced his choices for the board, saying they were chosen for their finance and infrastructure experience and they'll operate under the "strictest fiduciary and ethical standards."
Emanuel's picks are: retired Boeing executive James Bell; former Sara Lee executive Diana Ferguson; attorney David Hoffman; Alderman John Pope; and Chicago Federation of Labor President Jorge Ramirez.
The appointments must be approved by the Chicago City Council.