City of Baltimore - File #: 24-0537

• File #: 24-0537
• Version: 0
• Name: Bond Issue - Public Infrastructure Loan - $125,000,000
• Type: Ordinance
• Status: In Committee
• File created: 5/16/2024
• In control: Ways and Means
• Title: Bond Issue - Public Infrastructure Loan - $125,000,000 For the purpose of authorizing the Mayor and City Council of Baltimore (pursuant to General Assembly House Resolution IV and Senate Resolution IV of 2024 approved by the members of the Maryland General Assembly representing Baltimore City) to create a debt, and to issue and sell its certificates of indebtedness as evidence thereof, and proceeds not exceeding ONE HUNDRED TWENTY-FIVE Million Dollars ($125,000,000.00) from the sale of such certificates of indebtedness to be used for the cost of issuance, including the expense of engraving, printing, advertising, attorneys’ fees, and all other incidental expenses connected therewith (which may include the proportion of the compensation of employees and general administrative expenses of the Department of Finance reasonably allocated to the issuance of the bonds); for the development of the public infrastructure owned or controlled by the Mayor and City Council of Baltimore and the Enoc...
• Sponsors: Administration City Council
• Indexes: Bond Issue, Loan, Public Infrastructure

Date	Ver.	Action By	Action	Result
6/17/2024	0	Ways and Means	Scheduled for a Public Hearing
5/21/2024	0	Baltimore City Council	Refer to Dept. of Planning
5/21/2024	0	Baltimore City Council	Refer to Pratt Library
5/21/2024	0	Baltimore City Council	Refer to Dept. of Finance
5/21/2024	0	Baltimore City Council	Refer to City Solicitor
5/21/2024	0	Baltimore City Council	Refer to Dept. of Housing and Community Development
5/21/2024	0	Baltimore City Council	Refer to Baltimore Development Corporation
5/16/2024	0	Baltimore City Council	Introduced
5/16/2024	0	Baltimore 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 (Department of Planning)


A Bill Entitled

An Ordinance concerning
title
Bond Issue - Public Infrastructure Loan - $125,000,000
For the purpose of authorizing the Mayor and City Council of Baltimore (pursuant to General Assembly House Resolution IV and Senate Resolution IV of 2024 approved by the members of the Maryland General Assembly representing Baltimore City) to create a debt, and to issue and sell its certificates of indebtedness as evidence thereof, and proceeds not exceeding ONE HUNDRED TWENTY-FIVE Million Dollars ($125,000,000.00) from the sale of such certificates of indebtedness to be used for the cost of issuance, including the expense of engraving, printing, advertising, attorneys’ fees, and all other incidental expenses connected therewith (which may include the proportion of the compensation of employees and general administrative expenses of the Department of Finance reasonably allocated to the issuance of the bonds); for the development of the public infrastructure owned or controlled by the Mayor and City Council of Baltimore and the Enoch Pratt Free Library, and the construction and development of streets, bridges, courthouses, city office buildings, police stations, fire stations, solid waste facilities, information technology, public park and recreational and related land, property, buildings, structures or facilities including but not limited to, the acquisitio...