Brandon Johnson Chicago City Council Meeting

City Council, Brandon Johnson

Johnson's $830 million bond issue stalls in City Council

Ald. Bill Conway and Ald. Anthony Beale teamed up to delay the vote on the bond issue for one meeting. Conway has complained about the size of the borrowing as well as its financing structure, which saddles Chicago taxpayers with $2 billion in added costs.

Chicago Tribune · 2d

Mayor Brandon Johnson’s infrastructure borrowing plan stalled by City Council opponents

Aldermen used a parliamentary maneuver to stall the scheduled vote on the $830 million bond that Johnson wants to use to pay for a variety of infrastructure projects.

Hosted on MSN · 2d

Chicago alderman slams Johnson's $830M bond proposal as city council stalls final vote

Chicago aldermen pushed back on Wednesday and stalled a final vote on Mayor Brandon Johnson's planned $830 million bond proposal.

Yahoo · 2d

Chicago City Council to consider 2 multimillion-dollar settlements, plan to borrow $830M

The City Council will consider two multimillion-dollar settlements and a plan to borrow $830 million for maintenance and infrastructure projects on Wednesday. The biggest concern for Chicago alders is how the city will pay the money back.

CBS Chicago on MSN · 2d

Critics stall final vote on Mayor Brandon Johnson's $830 million bond issue for infrastructure projects

The mayor's bond plan has sparked intense debate over its potential long-term impact on the city's finances, in particular after recent credit downgrades.

Green social housing ordinance introduced at City Council meeting

The city would own a majority stake in the mixed-income rental buildings developed, a first-of-its-kind role for the city.

Alderman introduces plan to punish Chicago city employees and officers for having extremist ties

The plan from 47th Ward Ald. Matt Martin follows growing calls for the Chicago Police Department and Mayor Brandon Johnson to ...

Crain's Chicago Business2d

Vote on Johnson's $830M borrowing plan delayed

The mayor's borrowing plan had been criticized for its balloon repayment schedule, which would see the city pay more than $2 ...

The Bond Buyer1d

Chicago City Council postpones GO bond vote

Chicago aldermen delayed a vote on $830 million of general obligation bonds that Mayor Brandon Johnson wants to issue.

Chicago Council Delays $830 Million Bond Vote Amid Scrutiny

The Chicago City Council postponed a vote on Mayor Brandon Johnson’s $830 million bond proposal after some aldermen ...

Chicago aldermen defer vote on added debt, reject lower speed limit

Chicago’s city council has tabled consideration of an $830 million bond issue favored by the mayor. Mayor Brandon Johnson wanted the bond money for infrastructure projects, even though the additional ...

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