* 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 (Bureau of Treasury Management)
A Bill Entitled
An Ordinance concerning
title
Issuance of Revenue Obligations - Stormwater Projects
For the purpose of authorizing the issuance, sale and delivery from time to time by the City of revenue obligations that may be issued by the City to finance or refinance stormwater facilities; prescribing that the maximum aggregate principal amount of such revenue obligations that may be outstanding at any one time is $202,000,000; authorizing the Board of Finance of the City to specify, prescribe, determine, provide for, approve, and amend the form, terms, provisions, manner or method of issuing and selling, the time or times of issuance, and all other details of the revenue obligations and any other matters necessary or desirable in connection with the authorization, issuance, sale, and payment of these revenue obligations; providing for a special effective date; and generally relating to the issuance and payment of revenue obligations.
body
By authority of
Article II - General Powers
Section (50)
Baltimore City Charter
(1996 Edition)
Sections 19-211 through 19-221 of the Local Government Article
Bond and Grant Anticipation Notes
Annotated Code of Maryland
Recitals
A. Mayor and City Council of Baltimore, a municipal corporation organized and existing under the Constitution and laws of the State of Maryland, is hereinafter sometimes referred to as the “City”.
B. By an amendment to Article VI of the City Charter of Baltimore City, 1996 Edition, as amended (t...
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