Flying the Union flag from the cenotaph at Belfast City Hall would be an acceptable compromise, the Alliance Party said today.
Maire Hendronsaid she was likely to back the proposal when it comes before a committee meeting in the New Year.
She said: "It is a reasonable proposition and I am not ruling it out.
"I probably would when the time comes following discussion with our party."
More top news
Two pilots have been arrested on suspicion of being under the influence of alcohol as they prepared to fly from Scotland to the New York.
Two teenagers have been arrested on suspicion of drugs offences following the death of a 17-year-old youth who collapsed at Leeds Festival.
Theresa May will gather Cabinet ministers together on Wednesday to discuss her plans for Brexit.