City of Baltimore - File #: 07-0784

• File #: 07-0784
• Version: 0
• Name: East Baltimore Research Park Phase II - Development District
• Type: Ordinance
• Status: Enacted
• File created: 9/17/2007
• In control: City Council
• Final action: 11/8/2007
• Enactment #: 07-538
• Title: East Baltimore Research Park Phase II - Development District FOR the purpose of designating a "development district" to be known as "East Baltimore Research Park Phase II Development District"; providing for and determining various matters in connection with the establishment of the development district; creating a special tax increment fund for that development district; allocating certain property taxes to that fund; making certain findings and determinations; providing for a special effective date; 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 and other matters pertaining to any special obligation bonds or notes issued in connection with the development district.
• Sponsors: City Council President (Administration)
• Indexes: Development District

Date	Ver.	Action By	Action	Result
11/8/2007	0	Mayor	Signed by Mayor
10/29/2007	0	City Council	Approved and Sent to the Mayor
10/15/2007	0	Taxation and Finance Committee	Recommended Favorably with Amendment
10/15/2007	0	City Council	Advanced to 3rd Rdr., Adopted Comm. Report
9/20/2007	0	The City Council	Referred for a Report
9/20/2007	0	The City Council	Referred for a Report
9/20/2007	0	The City Council	Referred for a Report
9/20/2007	0	The City Council	Referred for a Report
9/20/2007	0	The City Council	Referred for a Report
9/20/2007	0	The City Council	Referred for a Report
9/20/2007	0	The City Council	Referred for a Report
9/20/2007	0	The City Council	Referred for a Report
9/20/2007	0	The City Council	Referred for a Report
9/19/2007	0	Taxation and Finance Committee	Advertising
9/19/2007	0	Taxation and Finance Committee	Advertising
9/17/2007	0	City Council	Introduced
9/17/2007	0	City Council	Assigned
9/17/2007	0	Taxation and Finance Committee	Scheduled for a Public Hearing

* 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 Housing and Community Development)

A BILL ENTITLED

AN ORDINANCE concerning
Title
East Baltimore Research Park Phase II - Development District

FOR the purpose of designating a "development district" to be known as "East Baltimore Research Park Phase II Development District"; providing for and determining various matters in connection with the establishment of the development district; creating a special tax increment fund for that development district; allocating certain property taxes to that fund; making certain findings and determinations; providing for a special effective date; 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 and other matters pertaining to any special obligation bonds or notes 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 ...