(a) (1) Any person providing brokerage services to the city pursuant to a service contract duly executed by the city treasurer (for purposes of this section, "reporting firm"), shall provide the gender, role and race or ethnicity of those who will directly provide brokerage services to the city. The city treasurer shall provide the information received pursuant to this subsection (a) to the city council.
(2) A reporting firm shall certify the accuracy of the disclosures and information required by this subsection (a). The disclosures and information required by this subsection (a) shall be provided in a form and manner approved by the city treasurer.
(b) The city treasurer is authorized to adopt rules and regulations for the proper administration and enforcement of this section.
(c) Any reporting firm that fails to comply with this section may, as determined by the city treasurer based on objective criteria, be declared ineligible to participate in future brokerage service contracts.
(Added Coun. J. 11-19-14, p. 98082, § 2)