* 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 R
(Resolution)
Introduced by: The Council President
At the request of: The Administration (Baltimore Development Corporation)
A RESOLUTION ENTITLED
A COUNCIL RESOLUTION concerning
title
Approving the Submission of an Application to the State of Maryland for the Creation of a New Industrial Focus Area in East Baltimore
FOR the purpose of approving the submission of an application to the State of Maryland to create a new Industrial Focus Area in East Baltimore.
body
WHEREAS, The General Assembly of the State of Maryland established an Enterprise Zone Focus Area Program to focus State and local resources on the encouragement of economic growth in economically distressed areas and employment opportunities for the unemployed; and
WHEREAS, The City Council recognizes that there is a significant need to stimulate the creation of jobs by establishing a Focus Area in the industrially zoned area of East Baltimore, and, that by doing so, opportunities will increase for revitalization, rehabilitation, and job creation (See the attached Exhibit, "Proposed East Baltimore Industrial Focus Area", for a map of the area affected by the approval of this Resolution); and
WHEREAS, The Focus Area will adhere to the provisions of the Maryland Annotated Code, Article 83A, ยง 5-402, whereby it will terminate after 5 years and revert back to Enterprise Zone status; and
WHEREAS, The City of Baltimore, through the Baltimore Development Corporation (BDC), has prepared an application for the creation of the Focus Area to include the industrially zoned area of East Baltimore, as shown on the attached Exhibit; and
WHEREAS, The regulations of the Enterprise Zone Focus Area Program require the written expression of the sentiment of the Baltimore City Council.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF BALTIMORE, That the City Council of Baltimore:
1. Hereby endorses this March 2014 application of the City for the creation of the Industrial Focus Area.
2. Resolves that copies of this Resolution be sent to the Secretary of the Department of Business and Economic Development, State of Maryland, Honorable Mayor of the City of Baltimore, and President of the Baltimore Development Corporation (BDC).
dlr14-0801~intro/26Feb14
ccres/FocusArea/nbr