Baltimore City Council
File #: 09-0375    Version: 0 Name: Supplementary Revenue Bond Fund Capital Appropriation - Department of Transportation - $17,000,000
Type: Ordinance Status: Enacted
File created: 8/10/2009 In control: City Council
On agenda: Final action: 10/2/2009
Enactment #: 09-223
Title: Supplementary Revenue Bond Fund Capital Appropriation - Department of Transportation - $17,000,000 FOR the purpose of providing a Supplementary Revenue Bond Fund Capital Appropriation in the amount of $17,000,000 to the Department of Transportation (Account #9965-580-069), to provide funding for the purchase of the McHenry Row garages; and providing for a special effective date.
Sponsors: City Council President (Administration)
Indexes: Capital Appropriation, Revenue Bonds, Supplementary
Attachments: 1. 09-0375 - 1st Reader.pdf, 2. Treasury Mgmt - 09-0375.pdf, 3. Parking Authority - 09-0375.pdf, 4. Planning - 09-0375.PDF, 5. Finance - 09-0375.pdf, 6. 09-0375 - 3rd Reader.pdf
* 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 Finance)

A BILL ENTITLED

AN ORDINANCE concerning
title
Supplementary Revenue Bond Fund Capital Appropriation - Department of Transportation - $17,000,000

FOR the purpose of providing a Supplementary Revenue Bond Fund Capital Appropriation in the amount of $17,000,000 to the Department of Transportation (Account #9965-580-069), to provide funding for the purchase of the McHenry Row garages; and providing for a special effective date.
body
BY authority of
Article VI - Board of Estimates
Section 8(b)(3) and (c)
Baltimore City Charter
(1996 Edition)

Recitals

The revenue appropriated by this Ordinance represents funds from the Revenue Bond Fund in excess of the revenue relied on by the Board of Estimates in determining the tax levy required to balance the budget for Fiscal Year 2010.

This additional revenue could not have been reasonably anticipated when the Ordinance of Estimates for Fiscal Year 2010 was formulated.

This appropriation is made necessary by a material change in circumstances since the Ordinance of Estimates for Fiscal Year 2010 was formulated or is for a new program that could not have been reasonably anticipated when that Ordinance of Estimates was formulated.

On July 22, 2009, the Board of Estimates recommended this appropriation to the City Council.

SECTION 1. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF BALTIMORE, That $17,000,000 shall be made available to the Department of Tra...

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