City of Baltimore - File #: 16-0642

• File #: 16-0642
• Version: 0
• Name: Bond Issue - Community and Economic Development Loan - $45,000,000
• Type: Ordinance
• Status: Enacted
• File created: 3/21/2016
• In control: City Council
• Final action: 6/21/2016
• Enactment #: 16-491
• Title: Bond Issue - Community and Economic Development Loan - $45,000,000 FOR the purpose of authorizing the Mayor and City Council of Baltimore (pursuant to Resolution II of 2016 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 $45,000,000 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, and the remainder of such proceeds to be used for or in connection with planning, developing, executing, and making operative the community, commercial and industrial economic development programs of the Mayor and City Council of Baltimore, including, but not limited to, the acquisition, by purchase, lease, condemnation or any other legal means, of land or property, or any right, intere...
• Sponsors: City Council President (Administration)
• Indexes: Bond Issue, Community and Economic Development Loan

Date	Ver.	Action By	Action	Result
6/23/2016	0	Mayor	Signed by Mayor
6/13/2016	0	City Council	Approved and Sent to the Mayor
6/6/2016	0	City Council	3rd Reader, for final passage
6/6/2016	0	Taxation, Finance and Economic Development Committee	Recommended Favorably
5/26/2016	0	Taxation, Finance and Economic Development Committee	Recommended Favorably	Pass
5/16/2016	0	Taxation, Finance and Economic Development Committee	Scheduled for a Public Hearing
3/24/2016	0	The City Council	Refer to Dept. of Finance
3/24/2016	0	The City Council	Refer to Dept. of Transportation
3/24/2016	0	The City Council	Refer to Planning Commission
3/24/2016	0	The City Council	Refer to Dept. of Housing and Community Development
3/24/2016	0	The City Council	Refer to Baltimore Development Corporation
3/24/2016	0	The City Council	Refer to City Solicitor
3/21/2016	0	City Council	Assigned
3/21/2016	0	City Council	Introduced

* 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 - Community and Economic Development Loan - $45,000,000
FOR the purpose of authorizing the Mayor and City Council of Baltimore (pursuant to Resolution II of 2016 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 $45,000,000 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, and the remainder of such proceeds to be used for or in connection with planning, developing, executing, and making operative the community, commercial and industrial economic development programs of the Mayor and City Council of Baltimore, including, but not limited to, the acquisition, by purchase, lease, condemnation or any other legal means, of land or property, or any right, interest, franchise, easement or privilege therein, in the City of Baltimore; the payment of any and all costs and expenses incurred in connection with or incidental to the acquisition and management of said land or property, including any and all rights or interests therein hereinbefore mentioned; the payment of any and all costs and expenses incurred for or in connection with relocating and moving persons or other legal entities displace...