* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
INTRODUCTORY*
CITY OF BALTIMORE
COUNCIL BILL R
(Resolution)
Introduced by: Councilmember D'Adamo
At the request of: Greektown Community Development Corporation
Address: c/o Salem Reiner, Johns Hopkins University, Suite 540, 901 S. Bond St.,
Baltimore, Maryland 21231
Telephone: 443-287-9900
A RESOLUTION ENTITLED
A COUNCIL RESOLUTION concerning
Title
Greektown - Application for Community Legacy Program
FOR the purpose of supporting the application by the Greektown Community Development Corporation to the State of Maryland Community Legacy Program.
Body
Recitals
Baltimore City recognizes the significant need for reinvestment and revitalization of the communities in Baltimore City. To that end, Baltimore City Council proposes to:
(i) designate the Greektown area as a Community Legacy Area; and
(ii) develop a Community Legacy Project (the "Project") in the Area, the purpose of which will be to contribute to the reinvestment and revitalization in the Area.
The Maryland Department of Housing and Community Development, either through the Community Legacy Program or through other programs of the Department or in cooperation with other departments or agencies of the State, may provide some or all of the financing for the Project (the "Project Financing") to assist in making the Project financially feasible.
The Area is located within a priority funding area under § 5-7B-02 of the State Finance and Procurement Article, and the Project will conform to the Zoning Code of Baltimore City.
The applicable law and regulations require approval of the Community Legacy Area designation, the Project, and the Project Financing by the Baltimore City Council.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF BALTIMORE, That the Baltimore City Council:
(i) endorses the designation of the Community Legacy Area and the Project in the Area; and
(ii) approves the request for financial assistance, in the form of a grant, loan, or other financial vehicle, in an amount of approximately $205,000.
AND BE IT FURTHER RESOLVED, That the Greektown Community Development Corporation is authorized to execute any documents and to take any actions necessary to carry out the intent of this Resolution.
AND BE IT FURTHER RESOLVED, That copies of this Resolution be sent to the Secretary of the Maryland Department of Housing and Community Development for consideration by the Community Legacy Board.
dlr 08-536(2)~intro/19Nov08
ccres/GrktwnCommLgcy/em:aa
dlr 08-536(2)~intro/19Nov08
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ccres/GrktwnCommLgcy/em:aa