City Council, Brandon Johnson
City Council delays mayor’s $830M bond plan for infrastructure projects
Mayor Brandon Johnson’s plan to borrow $830 million for maintenance and infrastructure projects around the city was tabled Wednesday after debate on the floor of the City Council chambers. WGN's Dana Rebik reports on the bond plan and other measures that hit the floor in front of City Council today.
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.
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