The City Council narrowly approved Mayor Brandon Johnson's controversial $830 million bond deal to finance neighborhood infrastructure improvements, despite complaints that a back-loaded repayment schedule would inflate the total cost to $2 billion by the time all of the debt is paid off.

Aldermen approved the plan in a 26-23 vote a day after Mayor Brandon Johnson’s administration proposed a version with clearer spending guardrails.

Chicago’s City Council on Wednesday approved Mayor Brandon Johnson’s controversial proposal to sell $830 million in bonds for infrastructure costs despite concerns about the debt’s delayed repayment schedule and who would get to use the proceeds.

The City Council has voted Wednesday on Mayor Brandon Johnson’s $830 million bond proposal for infrastructure projects.

Mayor Brandon Johnson’s team is offering aldermen language clarifying that the money will not be used for purposes other than infrastructure repairs and upgrades.