CHICAGO — The Chicago City Council will take up ordinances as soon as Wednesday authorizing up to $1.65 billion of O'Hare International Airport debt to refund existing bonds for savings and raise new money for the airport's $8 billion expansion and other capital projects.

The council's Finance Committee Monday advanced ordinances authorizing the O'Hare borrowing and another $350 million in a tax-increment financing deal and motor fuel tax revenue bond transaction.

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