City of Baltimore - File #: 08-0074R

• File #: 08-0074R
• Version: 0
• Name: Approving the Submission of an Application to the State of Maryland for the Creation of a BRAC Zone to Include the Westport Redevelopment Area
• Type: City Council Resolution
• Status: Adopted
• File created: 10/27/2008
• In control: City Council
• Final action: 11/17/2008
• Title: Approving the Submission of an Application to the State of Maryland for the Creation of a BRAC Zone to Include the Westport Redevelopment Area FOR the purpose of approving the submission of an application to the State of Maryland for the creation of a BRAC Zone to include the Westport redevelopment area.
• Sponsors: City Council President (Administration)
• Indexes: Resolution

Date	Ver.	Action By	Action	Result
11/17/2008	0	Taxation, Finance and Economic Development Committee	Recommended Favorably
11/17/2008	0	City Council	Adopted
10/27/2008	0	City Council	Introduced
10/27/2008	0	City Council	Assigned
10/27/2008	0	Taxation, Finance and Economic Development Committee	Scheduled for a Public Hearing

* 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: The Council President
At the request of: The Administration (Baltimore Development Corporation)

A RESOLUTION ENTITLED

A COUNCIL RESOLUTION concerning
Title
Approving the Submission of an Application to the State of Maryland for the Creation of a BRAC Zone to Include the Westport Redevelopment Area

FOR the purpose of approving the submission of an application to the State of Maryland for the creation of a BRAC Zone to include the Westport redevelopment area.
Body
WHEREAS, The City Council of Baltimore recognizes that there is a significant need to stimulate investment in the Westport redevelopment area; and

WHEREAS, The City of Baltimore and representatives of Westport and the surrounding neighborhoods have been working towards this end; and

WHEREAS, The General Assembly of the State of Maryland established a BRAC Zone to allow use of the State real property tax increment on the infrastructure investments through bonds, such as Tax Increment Financing bonds, in a designated growth area to service Maryland's military installations; and

WHEREAS, The City of Baltimore, through the Baltimore Development Corporation, has prepared an application for a BRAC Zone that includes the Westport Waterfront development area, defined as the contiguous area consisting of the properties designated as Ward 25, Section 05, Block 7611, Lot 001 and Block 7612, Lots 001, 003, 005, 005A, and 006 (as they may be renumbered or redesignated as a result of any resubdivision of such property) together with the adjoining roads, highw...