City of Baltimore - File #: 16-0669

• File #: 16-0669
• Version: 0
• Name: Port Covington Development District
• Type: Ordinance
• Status: Enacted
• File created: 5/16/2016
• In control: City Council
• Final action: 9/22/2016
• Enactment #: 16-528
• Title: Port Covington Development District FOR the purpose of designating a "development district" to be known as the "Port Covington 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 providing for matters relating to the designation and operation of the development district, the establishment and use of the special, tax increment fund to provide for the payment by or reimbursement to the City for debt service, which the City is obligated to pay or has paid (whether such obligation is general or limited) on any special obligation bonds or notes issued by the City, the authorization of a pledge by the City, subject to appropriation, of the tax increment revenues, pursuant to a Contribution Agreement...
• Sponsors: City Council President (Administration)
• Indexes: Development District, Port Covington

Date	Ver.	Action By	Action	Result
10/24/2016	0	Mayor	Signed by Mayor
9/19/2016	0	City Council	Approved and Sent to the Mayor
9/12/2016	0	City Council	3rd Reader, for final passage
9/12/2016	0	Taxation, Finance and Economic Development Committee	Recommended Favorably
9/8/2016	0	Taxation, Finance and Economic Development Committee	Recommended Favorably	Pass
8/24/2016	0	Taxation, Finance and Economic Development Committee	Worksession
8/15/2016	0	Taxation, Finance and Economic Development Committee	Worksession
8/8/2016	0	Taxation, Finance and Economic Development Committee	Worksession
7/29/2016	0	Taxation, Finance and Economic Development Committee	Scheduled for a Public Hearing
7/13/2016	0	Taxation, Finance and Economic Development Committee	Advertising
6/6/2016	0	Taxation, Finance and Economic Development Committee	Scheduled for a Public Hearing
5/19/2016	0	The City Council	Refer to Parking Authority Board
5/19/2016	0	The City Council	Refer to Dept. of Public Works
5/19/2016	0	The City Council	Refer to Dept. of Finance
5/19/2016	0	The City Council	Refer to Planning Commission
5/19/2016	0	The City Council	Refer to Baltimore Development Corporation
5/19/2016	0	The City Council	Refer to Dept. of Housing and Community Development
5/19/2016	0	The City Council	Refer to City Solicitor
5/19/2016	0	The City Council	Refer to Board of Municipal and Zoning Appeals
5/19/2016	0	The City Council	Refer to Dept. of Recreation and Parks
5/19/2016	0	The City Council	Refer to Dept. of Transportation
5/16/2016	0	City Council	Assigned
5/16/2016	0	City Council	Introduced

EXPLANATION: CAPITALS indicate matter added to existing law.
[Brackets] indicate matter deleted from existing law.
CITY OF BALTIMORE
COUNCIL BILL 16-
(First Reader)

Introduced by: The Council President
At the request of: The Administration (Baltimore Development Corporation)
Introduced and read first time: May 16, 2016
Assigned to: Taxation, Finance and Economic Development Committee REFERRED TO THE FOLLOWING AGENCIES:
A BILL ENTITLED

AN ORDINANCE concerning
title
Port Covington Development District
FOR the purpose of designating a "development district" to be known as the "Port Covington
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 providing for matters relating to the designation and operation of the development district, the establishment and use of the special, tax increment fund to provide for the payment by or reimbursement to the City for debt service, which the City is obligated to pay or has paid (whether such obligation is general or limited) on any special obligation bonds or notes issued by the City, the authorization of a pledge by the City, subject to appropriation, of the tax increment revenues, pursuant to a Contribution Agreement (defined herein), to provide for the payment by the State Issuer (defined herein) of the principal of and interest on the applicable State Obligations (defined herein) issued in connection with the development district and other rela...