UPDATE, 12:43 pm:
And now the stadium lease agreement passes, amended to include the cap, 9-4.
UPDATE, 12:20 pm: The revamped emergency cap legislation now passes, 9-4 (or at least it will, in a few seconds ;-) ). There will be plenty of stories about what is in it, but I'll just note that it says that the Mayor and MLB have until March 6 to indicate that they agree with the cap legislation, otherwise the lease is disapproved.
UPDATE, 11:19 pm: The council is still going....
UPDATE, 10:13 pm: Hey, wait a minute, the council is back in chambers, talking about the stadium again!