Mayor Brandon Johnson wants to spend $50 million to build a new Greyhound station bankrolled over the next two years by funds siphoned from the Canal-Congress tax increment-financing district, a surprise plan that blindsided the local alderperson.

Ald. Bill Conway (34th) said he discovered the mayor’s plan to solve the four-year-old Greyhound station problem almost by chance while perusing TIF reports distributed to City Council members outlining projects in their wards.

He stumbled across a line item in the Canal-Congress TIF that read, “Greyhound station,” and earmarked $35 million for that purpose next year and $15 million in 2027.

The line item does not specify where the new city-owned station would be located. Nor has anyone in the mayor’s office or the Chicago Department of Transp

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