The Port Covington development project in Baltimore is all but a done deal after a group of City Council members went around the chair of a committee who was holding up a key vote.

NEW: Revised Memorandum of Understanding for Port Covington

The City Council voted on second reader Monday night to move forward legislation that would put up to $660 million in the sale of bonds to fund the infrastructure for Port Covington. It's the largest tax increment financing ever for Baltimore. Property taxes will be used to pay them off.

A final vote is now expected next week.

City Councilman Carl Stokes, chair of a key committee, put the public financing bills for Port Covington on hold last week. He threw in the towel on Monday and said he, too, is now a yes vote.

"I will be voting this evening for all three bills that hit the floor this afternoon," Stokes said Monday morning.

The lawyer for Port Covington shook hands with Stokes moments after the councilman joined in support of the TIF for the development project.

Stokes adjourned a council committee meeting considering the TIF bills on Thursday without a final vote. He said the revised community benefits agreement dealing with job and affordable housing mandates needed more review.

Eleven City Council members signed a letter over the weekend to work around Stokes, pull the TIF bills out of committee and send them to the City Council floor. The move is allowed by City Council rule.

Later Monday evening, Councilman Eric Costello introduced the petition signed by 11 members to move the Port Covington bill out of committee. The petition moved the bill onto the City Council floor and on to second reader. During a roll call vote, Stokes said he was not happy about the petition, saying it's not the way the City Council should do business, but he voted yes.

The community group Baltimoreans United in Leadership Development (BUILD) pushed the City Council to work around Stokes. It helped negotiate the new benefits agreement with the developer.

"Our vision is to build one Baltimore together. We felt last week that Sagamore Development and (Under Armour CEO) Kevin Plank had stepped up and committed to that vision," said the Rev. Glenna Hubert of BUILD.

Just before Stokes gave up his fight, U.S. Rep. Elijah Cummings urged passage of the TIF, citing what he believes is a vote for new jobs.

"All the jobs are not going to be able to go to the people in my neighborhood, but it's the spinoff," Cummings said.

WBAL-TV 11 News reporter Vanessa Herring contributed to this report