City of Baltimore - File #: 13-0234

• File #: 13-0234
• Version: 0
• Name: Harbor Point Development - Bond Ordinance
• Type: Ordinance
• Status: Enacted
• File created: 6/3/2013
• In control: City Council
• Final action: 9/13/2013
• Enactment #: 13-165
• Title: Harbor Point Development - Bond Ordinance FOR the purpose of authorizing the issuance of special obligation bonds; authorizing the pledge by the City, subject to appropriation, of Tax Increment Revenues and Special Tax Revenues (as such terms are defined herein) to the payment of debt service on such special obligation bonds, the replenishment of any reserves, and the payment of certain expenses and administrative costs; providing that such bonds may be issued from time to time and in one or more issues or series in an aggregate principal amount not exceeding $125,000,000 for the purpose of financing infrastructure improvements and related costs, including, without limitation, the Project (defined herein), and other necessary improvements to, from, or within the development district, and certain other infrastructure improvements permitted by the Acts (defined herein); providing for the method and sources of payment for such special obligation bonds; providing that the City, in each ...
• Sponsors: City Council President (Administration)
• Indexes: Bond Ordinance, Harbor Point

Date	Ver.	Action By	Action	Result
9/13/2013	0	Mayor	Signed by Mayor
9/9/2013	0	City Council	Approved and Sent to the Mayor
8/12/2013	0	City Council	Advanced to 3rd Rdr., Adopted Comm. Report
8/7/2013	0	Taxation, Finance and Economic Development Committee	Worksession
6/26/2013	0	Taxation, Finance and Economic Development Committee	Advertising
6/26/2013	0	Taxation, Finance and Economic Development Committee	Advertising
6/24/2013	0	Taxation, Finance and Economic Development Committee	Scheduled for a Public Hearing
6/6/2013	0	The City Council	Referred for a Report
6/6/2013	0	The City Council	Referred for a Report
6/6/2013	0	The City Council	Referred for a Report
6/6/2013	0	The City Council	Referred for a Report
6/6/2013	0	The City Council	Referred for a Report
6/6/2013	0	The City Council	Referred for a Report
6/6/2013	0	The City Council	Referred for a Report
6/6/2013	0	The City Council	Referred for a Report
6/6/2013	0	The City Council	Referred for a Report
6/3/2013	0	City Council	Introduced
6/3/2013	0	City Council	Assigned

* 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

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

A BILL ENTITLED

AN ORDINANCE concerning
title
Harbor Point Development - Bond Ordinance

FOR the purpose of authorizing the issuance of special obligation bonds; authorizing the pledge by the City, subject to appropriation, of Tax Increment Revenues and Special Tax Revenues (as such terms are defined herein) to the payment of debt service on such special obligation bonds, the replenishment of any reserves, and the payment of certain expenses and administrative costs; providing that such bonds may be issued from time to time and in one or more issues or series in an aggregate principal amount not exceeding $125,000,000 for the purpose of financing infrastructure improvements and related costs, including, without limitation, the Project (defined herein), and other necessary improvements to, from, or within the development district, and certain other infrastructure improvements permitted by the Acts (defined herein); providing for the method and sources of payment for such special obligation bonds; providing that the City, in each fiscal year in which any such bonds are outstanding, use its best efforts to obtain the appropriation of the Tax Increment Revenues and the Special Tax Revenues in the amounts and at the times specified in a trust agreement or agreements between the City and a bank or trust company appointed as trustee thereunder; authorizing the Board of Finance to specify, prescribe, determine, provide for and approve the details, forms, docume...