City of Baltimore - File #: 07-0785

• File #: 07-0785
• Version: 0
• Name: East Baltimore Research Park - Special Taxing District
• Type: Ordinance
• Status: Enacted
• File created: 9/17/2007
• In control: City Council
• Final action: 11/27/2007
• Enactment #: 07-593
• Title: East Baltimore Research Park - Special Taxing District FOR the purpose of designating a "special taxing district" to be known as the "East Baltimore Research Park Special Taxing District"; providing for and determining various matters in connection with the establishment of the special taxing district; creating a special fund for the special taxing district; providing for the levy of a special tax on all taxable real property located in the special taxing district; providing for a special effective date; and generally relating to the designation and operation of the special taxing district, the establishment and use of the special fund and the issuance and payment of bonds issued in connection with the special taxing district.
• Sponsors: City Council President (Administration)
• Indexes: Special Taxing District

Date	Ver.	Action By	Action	Result
11/27/2007	0	Mayor	Signed by Mayor
11/26/2007	0	City Council	Approved and Sent to the Mayor
11/19/2007	0	City Council	Advanced to 3rd Rdr., Adopted Comm. Report
11/8/2007	0	Taxation and Finance Committee	Recommended Favorably with Amendment
10/15/2007	0	Taxation and Finance Committee	Recommended Favorably with Amendment
10/15/2007	0	City Council	Re-referred to Committee
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 - Special Taxing District

FOR the purpose of designating a "special taxing district" to be known as the "East Baltimore Research Park Special Taxing District"; providing for and determining various matters in connection with the establishment of the special taxing district; creating a special fund for the special taxing district; providing for the levy of a special tax on all taxable real property located in the special taxing district; providing for a special effective date; and generally relating to the designation and operation of the special taxing district, the establishment and use of the special fund and the issuance and payment of bonds issued in connection with the special taxing district.
Body
BY authority of
Article II - General Powers
Section (62A)
Baltimore City Charter
(1996 Edition)

Recitals

The Special Taxing District Act, Article II, Section (62A) of the Baltimore City Charter (the "Act") authorizes the Mayor and City Council of Baltimore to establish a "special taxing district" (as defined in the Act) and a special fund into which the special taxes levied in the special taxing district are deposited, for the purpose of providing financing, refinancing, and reimbursement for the costs of infrastructure improvements.

The Act also authorizes the City, subject to certain requirements, to borrow money by issuing and selling bonds, for the purpose of providing f...