Baltimore City Council
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File #: 15-0587    Version: Name: University of Maryland Baltimore BioPark Development - Bond Ordinance
Type: Ordinance Status: Enacted
File created: 11/2/2015 In control: City Council
On agenda: Final action: 2/2/2016
Enactment #: 16-445
Title: University of Maryland Baltimore BioPark Development - Bond Ordinance FOR the purpose of authorizing the issuance of special obligation bonds; authorizing the pledge by the City, subject to appropriation, of Tax Increment Revenues and Special Tax Revenues (as such terms are defined herein) to the payment of debt service on such special obligation bonds, the replenishment of any reserves, and the payment of certain expenses and administrative costs; providing that such bonds may be issued from time to time and in one or more issues or series in an aggregate principal amount not exceeding $17,500,000 for the purpose of financing infrastructure improvements and related costs, including, without limitation, the Project (defined herein), and other necessary improvements to, from, or within the development district, and certain other infrastructure improvements permitted by the Acts (defined herein); providing for the method and sources of payment for such special obligation bonds; providing...
Indexes: Baltimore City, BioPark, Bond Ordinance, Development, University of Maryland
Attachments: 1. 15-0587~1st Reader, 2. Finance 15-0587, 3. BDC 15-0587, 4. BMZA 15-0587, 5. DPW 15-0587, 6. Parking 15-0587, 7. Planning 15-0587, 8. HCD 15-0587, 9. City Solicitor 15-0587, 10. 2nd Reader Amendment 15-0587, 11. 15-0587~3rd Reader
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
2/8/20161 Mayor Signed by Mayor  Action details Meeting details Not available
2/1/20160 City Council Approved and Sent to the Mayor  Action details Meeting details Not available
1/26/20160 City Council 3rd Reader, for final passage  Action details Meeting details Not available
1/26/20160 Taxation, Finance and Economic Development Committee Recommended Favorably with Amendment  Action details Meeting details Not available
1/21/20160 Taxation, Finance and Economic Development Committee Recommended Favorably with AmendmentPass Action details Meeting details Not available
1/5/20160 Taxation, Finance and Economic Development Committee Advertising  Action details Meeting details Not available
1/5/20160 Taxation, Finance and Economic Development Committee Advertising  Action details Meeting details Not available
12/10/20150 Taxation, Finance and Economic Development Committee Scheduled for a Public Hearing  Action details Meeting details Not available
11/5/20150 City Council President Refer to Dept. of Finance  Action details Meeting details Not available
11/5/20150 City Council President Refer to Baltimore Development Corporation  Action details Meeting details Not available
11/5/20150 City Council President Refer to Dept. of Housing and Community Development  Action details Meeting details Not available
11/5/20150 City Council President Refer to Dept. of Public Works  Action details Meeting details Not available
11/5/20150 City Council President Refer to Parking Authority Board  Action details Meeting details Not available
11/5/20150 City Council President Refer to City Solicitor  Action details Meeting details Not available
11/5/20150 City Council President Refer to Board of Municipal and Zoning Appeals  Action details Meeting details Not available
11/5/20150 City Council President Refer to Dept. of Planning  Action details Meeting details Not available
11/2/20150 City Council Assigned  Action details Meeting details Not available
11/2/20150 City Council Introduced  Action details Meeting details Not available
* 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 (Baltimore Development Corporation)

A BILL ENTITLED

AN ORDINANCE concerning
title
University of Maryland Baltimore BioPark Development - Bond Ordinance
FOR the purpose of authorizing the issuance of special obligation bonds; authorizing the pledge
by the City, subject to appropriation, of Tax Increment Revenues and Special Tax Revenues (as such terms are defined herein) to the payment of debt service on such special obligation bonds, the replenishment of any reserves, and the payment of certain expenses and administrative costs; providing that such bonds may be issued from time to time and in one or more issues or series in an aggregate principal amount not exceeding $17,500,000 for the purpose of financing infrastructure improvements and related costs, including, without limitation, the Project (defined herein), and other necessary improvements to, from, or within the development district, and certain other infrastructure improvements permitted by the Acts (defined herein); providing for the method and sources of payment for such special obligation bonds; providing that the City, in each fiscal year in which any such bonds are outstanding, use its best efforts to obtain the appropriation of the Tax Increment Revenues and the Special Tax Revenues in the amounts and at the times specified in a trust agreement or agreements between the City and a bank or trust company appointed as trustee thereunder; authorizing the Board of Finance to specify, prescribe, determine, provide for and approve the details, for...

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