* 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 (Baltimore Development Corporation)
A RESOLUTION ENTITLED
A RESOLUTION OF THE MAYOR AND CITY COUNCIL concerning
Title
Payments in Lieu of Taxes - Ward 03, Section 06, Block 1799-A, Lot #001 "800 Aliceanna Street"
FOR the purpose of authorizing an economic development project to be known as "800 Aliceanna Street", in order that the Board of Estimates may enter into a Payment in Lieu of Taxes Agreement with Harbor East Parcel B-Commercial, LLC, its successors or assigns ("Owner"), covering a portion of the Owner's property consisting of (i) office space consisting of approximately 205,000 square feet, (ii) approximately 20 live/work units, and (iii) a structured parking facility containing approximately 665 parking spaces; generally relating to payments in lieu of taxes for the 800 Aliceanna Street development; and providing for a special effective date.
Body
BY authority of
Article - Tax - Property
Section 7-504.3
Annotated Code of Maryland
(As enacted by Chapter 643, Acts of 1999)
Recitals
Pursuant to that certain "Air Rights Plat (Parcel B-1, B-2, B-3) Inner Harbor East II (a Re-Subdivision of Parcel B, Ward 03, Section 06, Block 1799-A, Lot 1, Baltimore, Maryland" dated September 6, 2005, and to be recorded in the Land Records of Baltimore City, Parcel B-2 is a commercial parcel that has been subjected to a condominium regime that contains "Unit B-2-A" and "Unit B-2-B". Included within the uses in Unit B-2-B are (i) approximately 205,000 square feet of office space (the...
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