City of Baltimore - File #: 06-0523

• File #: 06-0523
• Version: 0
• Name: Mondawmin Mall Development District
• Type: Ordinance
• Status: Enacted
• File created: 10/16/2006
• In control: City Council
• Final action: 12/8/2006
• Enactment #: 06-375
• Title: Mondawmin Mall Development District FOR the purpose of designating a "development district" to be known as the "Mondawmin Mall 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; and generally relating to the designation and operation of the development district, the establishment and use of the tax increment fund and the issuance and payment of special obligation bonds issued in connection with the development district.
• Sponsors: City Council President (Administration)
• Indexes: Development District, Mondawmin

Date	Ver.	Action By	Action	Result
12/8/2006	0	Mayor	Signed by Mayor
12/4/2006	0	City Council	Approved and Sent to the Mayor
11/20/2006	0	City Council
11/20/2006	0	Taxation and Finance Committee	Recommended Favorably
11/1/2006	0	Taxation and Finance	Advertising
11/1/2006	0	Taxation and Finance Committee	Advertising
10/30/2006	0	Taxation and Finance Committee	Scheduled for a Public Hearing
10/19/2006	0	The City Council	Referred for a Report
10/19/2006	0	The City Council	Referred for a Report
10/19/2006	0	The City Council	Referred for a Report
10/19/2006	0	The City Council	Referred for a Report
10/19/2006	0	The City Council	Referred for a Report
10/19/2006	0	The City Council	Referred for a Report
10/19/2006	0	The City Council	Referred for a Report
10/19/2006	0	The City Council	Referred for a Report
10/19/2006	0	The City Council	Referred for a Report
10/19/2006	0	The City Council	Referred for a Report
10/16/2006	0	City Council	Introduced
10/16/2006	0	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 (Baltimore Development Corporation)

A BILL ENTITLED

AN ORDINANCE concerning
Title
Mondawmin Mall Development District

FOR the purpose of designating a "development district" to be known as the "Mondawmin Mall
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; and generally relating to the designation and operation of the development district, the establishment and use of the tax increment fund and the issuance and payment of special obligation bonds issued in connection with the development district.
Body
BY authority of
Article II - General Powers
Section (62)
Baltimore City Charter
(1996 Edition)

Recitals

The Tax Increment Financing Act, Article II, Section (62) of the Baltimore City Charter (the "Act") authorizes the Mayor and City Council of Baltimore to establish a "development district" (as defined in the Act) and a special tax increment fund into which the revenues and receipts from the real property taxes representing the levy on the "tax increment" (as defined in the Act) for the development district are deposited, for the purpose of providing funds for the development of the development district.

The Act also authorizes the City, subject to certain requirements, to issue and deliver bonds for the purpose of financing ...