Seventeenth Supplemental Indenture securing Second Lien Water Revenue Bonds, Refunding Series 2026A
- Record number: O2026-0024095
- Type: Ordinance; category: Bonds & Bond Issues
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Introduced: Mar 18, 2026
- Final action: Apr 15, 2026
- Official record: Office of the City Clerk
Roll call: Passed Apr 15, 2026
49 yea, 1 nay. This was a divided vote. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed. Voted at the City Council meeting of Apr 15, 2026.
Nay (1): Raymond A. Lopez (15)
Yea (46): Daniel La Spata (1), Brian Hopkins (2), Pat Dowell (3), Lamont J. Robinson (4), Desmon C. Yancy (5), William E. Hall (6), Gregory I. Mitchell (7), Michelle A. Harris (8), Anthony Beale (9), Peter Chico (10), Nicole T. Lee (11), Julia M. Ramirez (12), Marty Quinn (13), Stephanie D. Coleman (16), David H. Moore (17), Derrick G. Curtis (18), Matthew J. O'Shea (19), Jeanette B. Taylor (20), Ronnie L. Mosley (21), Michael D. Rodriguez (22), Silvana Tabares (23), Monique L. Scott (24), Jessica L. Fuentes (26), Walter R. Burnett (27), Jason C. Ervin (28), Chris Taliaferro (29), Ruth Cruz (30), Felix Cardona Jr. (31), Scott Waguespack (32), William Conway (34), Anthony J. Quezada (35), Gilbert Villegas (36), Emma Mitts (37), Nicholas Sposato (38), Samantha Nugent (39), Andre Vasquez Jr. (40), Anthony V. Napolitano (41), Brendan Reilly (42), Timothy R. Knudsen (43), Bennett R. Lawson (44), James M. Gardiner (45), Angela Clay (46), Matthew J. Martin (47), Leni Manaa-Hoppenworth (48), Maria E. Hadden (49), Debra L. Silverstein (50)
Former members who voted: Jeylu B. Gutierrez (Yea), Byron Sigcho-Lopez (Yea), Rossana Rodriguez Sanchez (Yea)
Plain-language summary
Written by AI (@cf/openai/gpt-oss-120b) from the ordinance text only: O2026-0024095 Special Pamphlet C.L..pdf. AI can make mistakes; the official document always wins.
The City of Chicago’s Finance Committee recommended that the City Council approve a supplemental agreement to issue second-lien water revenue bonds to refinance Series 2026A. The recommendation was approved by voice vote with one dissenting alderman.
- Recommendation to pass a supplemental indenture for water revenue bonds
- Vote was by voice with one dissenting alderman
- Concerned the Second Lien Water Revenue Bonds, Refunding Series 2026A
- Committee Chairman Pat Dowell signed the recommendation
- Date of recommendation: April 15, 2026
Who: The City of Chicago and holders of the water revenue bonds are affected.
Where: Chicago, Illinois
Timeline
- Mar 18, 2026: Referred, City Council
- Apr 13, 2026: Recommended to Pass, Committee on Finance
- Apr 15, 2026: Passed, City Council
- Apr 15, 2026: Signed by Mayor, City Council
Documents
- O2026-0024095 Ex A Supplemental Indenture.pdf (Exhibits)
- O2026-0024095 Special Pamphlet C.L..pdf (Committee Letter)
- O2026-0024095 Mayoral Letter.pdf (Miscellaneous)
- O2026-0024095 EDS_Redacted.pdf (EDS)
- O2026-0024095 Ordinance.pdf (Legislation)
- O2026-0024095 SIGNED.pdf (Legislation)