* 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: President Young
A RESOLUTION ENTITLED
A COUNCIL RESOLUTION concerning
title
Corporate Sponsorship of City Assets
FOR the purpose of calling for a hearing to explore the City’s current utilization of public/private partnerships, determine if sponsorship of City assets can legally be sold, and discuss which assets could best be used to increase corporate sponsorship of City activities.
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Recitals
As Baltimore faces a continuing budget deficit it is incumbent on all levels of government to look for innovative strategies to balance the budget without higher taxes or cuts to vital city services. No possibility should be left unexplored.
Both in the past and more recently as the City wrestles with the current financial difficulties, private businesses have stepped up to assist Baltimore in maintaining important cultural events and social services in return for public recognition of their assistance. With interest in these types of partnerships anticipated to grow on both sides in the near future, it is important to consider instituting a regular system to create these relationships. Many municipalities have developed such corporate sponsorship initiatives, including San Francisco, Oakland, St. Paul, Minneapolis, Charlotte, and Des Moines.
Traditionally, public/private partnerships in Baltimore have not been addressed in a systematic way. Instead, they have been dealt wi...
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