City of Baltimore - File #: 15-0521

• File #: 15-0521
• Version: 0
• Name: Poppleton Development District
• Type: Ordinance
• Status: Enacted
• File created: 4/20/2015
• In control: City Council
• Final action: 6/24/2015
• Enactment #: 15-386
• Title: Poppleton Development District FOR the purpose of designating a "development district" to be known as the "Poppleton Development District"; providing for and determining various matters in connection with the establishment of the development district; creating a special, tax increment fund for the development district; allocating certain property taxes to that fund; making certain findings and determinations; providing for a special effective date; and generally providing for matters relating to the designation and operation of the development district and the establishment and use of the special, tax increment fund to provide for the payment by or reimbursement to the City for debt service which the City is obligated to pay or has paid (whether such obligation is general or limited) on any special obligation bonds or notes issued by the City in connection with the development district, the replenishment of any reserve fund, and the payment of certain expenses and administrative costs ...
• Sponsors: City Council President (Administration)
• Indexes: Development District, Poppleton

Date	Ver.	Action By	Action	Result
7/20/2015	0	Mayor	Signed by Mayor
6/15/2015	0	City Council	Approved and Sent to the Mayor
6/8/2015	0	City Council	Advanced to 3rd Reader, for Final Passage
6/8/2015	0	Taxation, Finance and Economic Development Committee	Returned Without Recommendation
6/4/2015	0	Taxation, Finance and Economic Development Committee	Returned Without Recommendation	Pass
5/21/2015	0	Taxation, Finance and Economic Development Committee
5/8/2015	0	Taxation, Finance and Economic Development Committee	Advertising
5/4/2015	0	Taxation, Finance and Economic Development Committee	Scheduled for a Public Hearing
4/23/2015	0	The City Council	Refer to Dept. of Finance
4/23/2015	0	The City Council	Refer to Dept. of Public Works
4/23/2015	0	The City Council	Refer to Board of Estimates
4/23/2015	0	The City Council	Refer to Planning Commission
4/23/2015	0	The City Council	Refer to Baltimore Development Corporation
4/23/2015	0	The City Council	Refer to Dept. of Housing and Community Development
4/23/2015	0	The City Council	Refer to Parking Authority Board
4/23/2015	0	The City Council	Refer to City Solicitor
4/23/2015	0	The City Council	Refer to Board of Municipal and Zoning Appeals
4/20/2015	0	City Council	Assigned
4/20/2015	0	City Council	Introduced

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
Poppleton Development District
FOR the purpose of designating a "development district" to be known as the "Poppleton Development District"; providing for and determining various matters in connection with the establishment of the development district; creating a special, tax increment fund for the development district; allocating certain property taxes to that fund; making certain findings and determinations; providing for a special effective date; and generally providing for matters relating to the designation and operation of the development district and the establishment and use of the special, tax increment fund to provide for the payment by or reimbursement to the City for debt service which the City is obligated to pay or has paid (whether such obligation is general or limited) on any special obligation bonds or notes issued by the City in connection with the development district, the replenishment of any reserve fund, and the payment of certain expenses and administrative costs related to the operation of the development district.
body

BY authority of
Article II - General Powers
Sections (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 (the ?City?) 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...