City of Baltimore - File #: 10-0484

• File #: 10-0484
• Version: 0
• Name: Downtown Management District - Adjustment to Supplemental Tax
• Type: Ordinance
• Status: Enacted
• File created: 4/19/2010
• In control: City Council
• Final action: 6/21/2010
• Enactment #: 10-304
• Title: Downtown Management District - Adjustment to Supplemental Tax FOR the purpose of changing the procedures for setting the surcharge rate for the Downtown Management District; changing the procedures for borrowing capital funds by the District; increasing the authorized amount of outstanding long term debt that the District may issue; conforming related provisions; and generally relating to the Downtown Management District.
• Sponsors: William H. Cole, IV
• Indexes: Downtown Management District, Supplementary, Tax

Date	Ver.	Action By	Action	Result
6/21/2010	0	Mayor	Signed by Mayor
6/17/2010	0	City Council	Approved and Sent to the Mayor
6/14/2010	0	Taxation, Finance and Economic Development Committee	Recommended Favorably with Amendment
6/14/2010	0	City Council	Advanced to 3rd Rdr., Adopted Comm. Report
5/17/2010	0	Taxation, Finance and Economic Development Committee	Scheduled for a Public Hearing
4/22/2010	0	The City Council	Referred for a Report
4/22/2010	0	The City Council	Referred for a Report
4/22/2010	0	The City Council	Referred for a Report
4/22/2010	0	The City Council	Referred for a Report
4/19/2010	0	City Council	Introduced
4/19/2010	0	City Council	Assigned

EXPLANATION: CAPITALS indicate matter added to existing law.
[Brackets] indicate matter deleted from existing law.

* 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: Councilmember Cole
At the request of: The Downtown Partnership of Baltimore


A BILL ENTITLED

AN ORDINANCE concerning
title
Downtown Management District - Adjustment to Supplemental Tax

FOR the purpose of changing the procedures for setting the surcharge rate for the Downtown Management District; changing the procedures for borrowing capital funds by the District; increasing the authorized amount of outstanding long term debt that the District may issue; conforming related provisions; and generally relating to the Downtown Management District.
body
BY repealing and reordaining, with amendments
Article 14 - Special Benefits Districts
Section(s) 1-1, 1-5(6), 1-6 (10), 1-7(e), 1-9(c), 1-10(c), 1-16, and 1-20(c)
Baltimore City Code
(Edition 2010)

Recitals

The Downtown Management District was established by Ordinance 92-057 (now codified as City Code Article 14, Subtitle 1), pursuant to authority granted by City Charter Article II, § 61. Since 1992, the District has been renewed by overwhelming support of its stakeholders for three five-year renewal terms.

The proposed legislation would give the District flexibility in setting the amount of its surcharge rate, similar to the powers available to other districts in Baltimore City. Also, the legislation would amend the borrowing re...