After a one-week delay and calls for significant tweaks, the mayor's plan squeaked through the chamber on a 26-23 vote.

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.

The City Council voted Wednesday to approve an $830 million bond issue to fund infrastructure improvements, despite concerns over the amount and terms of repayment. Why it matters: After a bruising budget season and recent downgrading of the city's credit rating,