Deputy Corporation Counsel Jessica Felker, left, speaks at a finance committee meeting on Nov. 10, 2025. [Livestream]

The City Council Committee on Finance on Monday advanced a multimillion-dollar legal settlement with a man who’s accused a disgraced former cop of framing him and multiple parks and housing projects proposed for city financial assistance.

Flags fly outside Chicago City Hall. [Don Vincent/The Daily Line]

The City Council Committee on Finance on Monday will consider a massive legal settlement to resolve a case related to a disgraced former cop and multiple agreements to allocate financial assistance to housing and park projects. The committee will meet at 10:30 a.m. in council chambers.

From left, renderings of the 135 S. LaSalle St. and 105 W. Adams St. office-to-residential conversion projects. [Department of Planning and Development]

The City Council Committee on Finance on Monday approved a landmark $90 million settlement to resolve 176 lawsuits filed against the city tied to a disgraced ex-police sergeant and two massive tax increment financing (TIF) allocations to LaSalle Street Reimagined projects.

Finance Chair Pat Dowell (3) is pictured during a City Council meeting on June 12, 2024. [Don Vincent/The Daily Line]

The City Council Committee on Finance on Monday will consider measures to allocate millions of dollars in tax increment financing (TIF) funds for two adaptive reuse projects downtown and to settle scores of police misconduct cases in a single, massive legal settlement. The committee will also hold a subject matter hearing on city pensions. 

The finance committee will meet at 10 a.m. in council chambers.

Corporation Counsel Mary Richardson-Lowry speaks at a news conference flanked by Mayor Brandon Johnson on Oct. 9, 2024. [Don Vincent/The Daily Line]

The City Council Committee on Finance next week will consider approval of a “landmark” $90 million global legal settlement to close 176 federal police misconduct lawsuits against the city as a result of the conduct of disgraced former Chicago Police Sgt. Ronald Watts and other Chicago Police officers that were part of Watts’ tactical team. 

Mayor Brandon Johnson and Corporation Counsel Mary Richardson-Lowry announced the proposed settlement, the first of its kind, Thursday morning.  

If approved by the full City Council, the corporation counsel said it would reduce the city’s long-term legal liability by hundreds of millions of dollars. 

Finance Committee Chair Pat Dowell (3) is pictured at a City Council meeting on June 12, 2024. [Don Vincent/The Daily Line]

The City Council Committee on Finance on Monday approved city financial assistance for several projects, the appointment of a new comptroller and multiple million-dollar settlements but narrowly rejected an effort to require a supermajority of the council to approve new debt issuance.

Ald. Marty Quinn (13) is pictured during a City Council meeting on January 15, 2025. [Don Vincent/The Daily Line]

The City Council Committee on Finance on Monday will consider the mayor’s appointment for city comptroller, multiple legal settlements, disbursements of city financial assistance and an ordinance giving the City Council greater say over bond issuances. 

The finance committee will meet at 10 a.m. in council chambers.

Finance Chair Pat Dowell is pictured during a City Council meeting on June 12, 2024. [Don Vincent/The Daily Line]

The City Council Committee on Finance on Monday approved nearly $25 million in police misconduct settlements, changes to a city employee charitable contribution program and an extension of a program that partially forgives ticket debt.

Ald. Pat Dowell (3), the finance committee chair, is pictured at a City Council meeting on June 12, 2024. [Don Vincent/The Daily Line]

The City Council Committee on Finance on Monday will consider multiple legal settlements, tax increment financing (TIF) agreements and airport project bonds. The committee will meet at 10 a.m. in council chambers.

Revenue Subcommittee Chair William Hall (6) is pictured at City Council meeting on Oct. 9, 2024. [Don Vincent/The Daily Line]

The City Council Finance Subcommittee on Revenue on Tuesday met for the third time since its creation almost two years ago, and city finance leaders said during the meeting Chicago should maintain an existing state tax on groceries once it expires at the end of this year.