34th Ward Ald. Bill Conway is pictured during a City Council meeting in October 2023. [Don Vincent/The Daily Line]

The City Council Committee on Finance postponed a vote on Mayor Brandon Johnson’s $1.25 billion Housing and Economic Development Bond proposal after more than a dozen alderpeople expressed interest in significantly reducing the bond authorization amount and lowering the threshold to require aldermanic approval for bond-financed projects.

The finance committee was recessed until 9:15 a.m. Wednesday morning, and Ald. Pat Dowell (3), the finance chair, said a vote on the bond ordinance could happen if committee members come to an agreement.