City of Baltimore - File #: 14-0383

• File #: 14-0383
• Version: 0
• Name: Maryland Department of Transportation - County Transportation Revenue Bonds - Series 2014
• Type: Mayor and City Council Res.
• Status: Enacted
• File created: 6/2/2014
• In control: City Council
• Final action: 10/1/2014
• Enactment #: 14-18
• Title: Maryland Department of Transportation - County Transportation Revenue Bonds - Series 2014 FOR the purpose of authorizing the Mayor and City Council of Baltimore (the "City") to enter into an agreement with the Maryland Department of Transportation in connection with the participation by the City in the proceeds derived from the sale of certain bonds, to be known as Department of Transportation of Maryland County Transportation Revenue Bonds, Series 2014 or as otherwise designated by the Secretary of Transportation and to be issued pursuant to Title 3, Subtitle 5 of the Transportation Article of the Annotated Code of Maryland, as amended; authorizing certain officials of the City to take certain actions in connection with the City's participation in the proceeds of the sale of such bonds; providing for the pledge of the City's share of Highway User Revenues to the payment of such bonds; providing that neither the faith and credit nor the taxing power of the City shall be pledged to t...
• Sponsors: City Council President (Administration)
• Indexes: Revenue Bonds, Transportation, Dept. of

Date	Ver.	Action By	Action	Result
10/1/2014	0	Mayor	Signed by Mayor
9/22/2014	0	City Council	Approved and Sent to the Mayor
9/15/2014	0	Taxation, Finance and Economic Development Committee	Recommended Favorably
9/15/2014	0	City Council	Advanced to 3rd Rdr., Adopted Comm. Report
9/8/2014	0	Taxation, Finance and Economic Development Committee	Scheduled for a Public Hearing
8/28/2014	0	Taxation, Finance and Economic Development Committee	Advertising
8/28/2014	0	Taxation, Finance and Economic Development Committee	Advertising
6/5/2014	0	The City Council	Referred for a Report
6/5/2014	0	The City Council	Referred for a Report
6/5/2014	0	The City Council	Referred for a Report
6/5/2014	0	The City Council	Referred for a Report
6/5/2014	0	The City Council	Referred for a Report
6/5/2014	0	The City Council	Referred for a Report
6/5/2014	0	The City Council	Referred for a Report
6/2/2014	0	City Council	Introduced
6/2/2014	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 (Department of Finance)

A RESOLUTION ENTITLED

A RESOLUTION OF THE MAYOR AND CITY COUNCIL concerning
title
Maryland Department of Transportation - County Transportation Revenue Bonds - Series 2014

FOR the purpose of authorizing the Mayor and City Council of Baltimore (the "City") to enter into an agreement with the Maryland Department of Transportation in connection with the participation by the City in the proceeds derived from the sale of certain bonds, to be known as Department of Transportation of Maryland County Transportation Revenue Bonds, Series 2014 or as otherwise designated by the Secretary of Transportation and to be issued pursuant to Title 3, Subtitle 5 of the Transportation Article of the Annotated Code of Maryland, as amended; authorizing certain officials of the City to take certain actions in connection with the City's participation in the proceeds of the sale of such bonds; providing for the pledge of the City's share of Highway User Revenues to the payment of such bonds; providing that neither the faith and credit nor the taxing power of the City shall be pledged to the City's payment obligations under the Participation Agreement identified herein; providing for the severability of the provisions of this Resolution; providing that this Resolution shall be liberally construed; and providing for a special effective date.
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Recitals

Title 3, Subtitle 5 of the Transportation Article (the "Transportation Article") of the Annotated Code ...