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Chicago Council Delays $830 Million Bond Vote Amid Scrutiny

Summary by Bloomberg
The Chicago City Council postponed a vote on Mayor Brandon Johnson’s $830 million bond proposal after some aldermen criticized the deal’s structure, which puts off principal payments for two decades.

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The Center SquareThe Center Square
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Chicago aldermen defer vote on added debt, reject lower speed limit

(The Center Square) – Chicago’s city council has tabled consideration of an $830 million bond issue favored by the mayor.

·United States
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BloombergBloomberg

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 criticized the deal’s structure, which puts off principal payments for two decades.

·United States
Read Full Article
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Bloomberg broke the news in United States on Wednesday, February 19, 2025.
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