Baltimore City Council
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File #: 16-0641    Version: 0 Name: Bond Issue - School Loan - $34,000,000
Type: Ordinance Status: Enacted
File created: 3/21/2016 In control: City Council
On agenda: Final action: 6/21/2016
Enactment #: 16-490
Title: Bond Issue - School Loan - $34,000,000 FOR the purpose of authorizing the Mayor and City Council of Baltimore (pursuant to Resolution I of 2016 approved by the members of the Maryland General Assembly representing Baltimore City) to create a debt, and to issue and sell, at any time or from time to time and in one or more series its certificates of indebtedness as evidence thereof, and proceeds not exceeding $34,000,000 from the sale of such certificates of indebtedness to be used for the cost of issuance, including the expense of engraving, printing, advertising, attorneys' fees, and all other incidental expenses connected therewith ( which may include the proportion of the compensation of employees and general administrative expenses of the Department of Finance reasonably allocated to the issuance of the bonds); and the remainder of such proceeds shall be used for the acquisition, by purchase, lease, condemnation or any other legal means, of land or property, or any rights therein, i...
Sponsors: City Council President (Administration)
Indexes: Bond Issue, Loan, School
Attachments: 1. 16-0641~1st Reader, 2. BDC 16-0641, 3. BCPSS 16-0641, 4. Health 16-0641, 5. Planning 16-0641, 6. HCD 16-0641, 7. City Solicitor 16-0641, 8. Finance 16-0641, 9. Rec and Parks 16-0641, 10. 16-0641~3rd Reader
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
6/23/20160 Mayor Signed by Mayor  Action details Meeting details Not available
6/13/20160 City Council Approved and Sent to the Mayor  Action details Meeting details Not available
6/6/20160 City Council 3rd Reader, for final passage  Action details Meeting details Not available
6/6/20160 Taxation, Finance and Economic Development Committee Recommended Favorably  Action details Meeting details Not available
5/26/20160 Taxation, Finance and Economic Development Committee Recommended FavorablyPass Action details Meeting details Not available
5/16/20160 Taxation, Finance and Economic Development Committee Scheduled for a Public Hearing  Action details Meeting details Not available
3/24/20160 The City Council Refer to Dept. of Recreation and Parks  Action details Meeting details Not available
3/24/20160 The City Council Refer to Dept. of Health  Action details Meeting details Not available
3/24/20160 The City Council Refer to Baltimore City Public School System  Action details Meeting details Not available
3/24/20160 The City Council Refer to Baltimore Development Corporation  Action details Meeting details Not available
3/24/20160 The City Council Refer to Dept. of Finance  Action details Meeting details Not available
3/24/20160 The City Council Refer to City Solicitor  Action details Meeting details Not available
3/24/20160 The City Council Refer to Planning Commission  Action details Meeting details Not available
3/24/20160 The City Council Refer to Dept. of Housing and Community Development  Action details Meeting details Not available
3/21/20160 City Council Assigned  Action details Meeting details Not available
3/21/20160 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 (Department of Planning)

A BILL ENTITLED

AN ORDINANCE concerning
title
Bond Issue - School Loan - $34,000,000
FOR the purpose of authorizing the Mayor and City Council of Baltimore (pursuant to Resolution I of 2016 approved by the members of the Maryland General Assembly representing Baltimore City) to create a debt, and to issue and sell, at any time or from time to time and in one or more series its certificates of indebtedness as evidence thereof, and proceeds not exceeding $34,000,000 from the sale of such certificates of indebtedness to be used for the cost of issuance, including the expense of engraving, printing, advertising, attorneys' fees, and all other incidental expenses connected therewith ( which may include the proportion of the compensation of employees and general administrative expenses of the Department of Finance reasonably allocated to the issuance of the bonds); and the remainder of such proceeds shall be used for the acquisition, by purchase, lease, condemnation or any other legal means, of land or property, or any rights therein, in the City of Baltimore, and demolishing, constructing and erecting on said land or property, or on any land or property now or hereafter owned by the Baltimore City Board of School Commissioners and/or the Mayor and City Council of Baltimore, new school buildings, athletic and other auxiliary facilities including community health and recreation facilities, and for additions and improvements to, or the modernization or reconstruction...

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