City of Baltimore - File #: 05-0092

• File #: 05-0092
• Version: 0
• Name: Convention Center Hotel Development District
• Type: Ordinance
• Status: Enacted
• File created: 4/18/2005
• In control: City Council
• On agenda: 10/17/2005
• Final action: 10/7/2005
• Enactment #: 05-127
• Title: Convention Center Hotel Development District FOR the purpose of designating a "development district" to be known as the "Convention Center Hotel Development District"; providing for and determining various matters in connection with the establishment of the development district; creating a special, tax increment fund for the development district; allocating certain property taxes to that fund; making certain findings and determinations; providing for a special effective date; and generally relating to the designation and operation of the development district and the establishment and use of the tax increment fund.
• Sponsors: City Council President (Administration)
• Indexes: Committee of the Whole, Convention Center Hotel, Development District

Date	Ver.	Action By	Action	Result
10/7/2005	0	Mayor	Signed by Mayor
9/19/2005	0	City Council	Approved and Sent to the Mayor	Pass
8/15/2005	0	City Council	Advanced to 3rd Rdr., Adopted Comm. Report	Pass
8/3/2005	0	Committee of the Whole	Recommended Favorably with Amendment	Pass
6/22/2005	0	The City Council	Referred for a Report
6/21/2005	0	Committee of the Whole	Advertising
6/15/2005	0	Committee of the Whole	Advertising
6/6/2005	0	Committee of the Whole	Scheduled for a Public Hearing
6/6/2005	0	Committee of the Whole	Scheduled for a Public Hearing
4/21/2005	0	The City Council	Referred for a Report
4/21/2005	0	The City Council	Referred for a Report
4/21/2005	0	The City Council	Referred for a Report
4/21/2005	0	The City Council	Referred for a Report
4/21/2005	0	The City Council	Referred for a Report
4/21/2005	0	The City Council	Referred for a Report
4/21/2005	0	The City Council	Referred for a Report
4/21/2005	0	The City Council	Referred for a Report
4/18/2005	0	City Council	Introduced
4/18/2005	0	The 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
Convention Center Hotel Development District

FOR the purpose of designating a "development district" to be known as the "Convention Center
Hotel Development District"; providing for and determining various matters in connection with the establishment of the development district; creating a special, tax increment fund for the development district; allocating certain property taxes to that fund; making certain findings and determinations; providing for a special effective date; and generally relating to the designation and operation of the development district and the establishment and use of the tax increment fund.
Body
BY authority of
Article II - General Powers
Section (62)
Baltimore City Charter
(1996 Edition)

Recitals

The Tax Increment Financing Act, Article II, Section (62) of the Baltimore City Charter (the "Act") authorizes the Mayor and City Council of Baltimore to establish a "development district" (as defined in the Act) and a special, tax increment fund into which the revenues and receipts from the real property taxes representing the levy on the "tax increment" (as defined in the Act) for the development district are deposited, for the purpose of providing funds for the development of the development district.

If no bonds are outstanding with respect to the development district, the Act also authorizes that the special, tax increment fund may be (i) used for any other purposes...