City of Baltimore - File #: 20-0503

• File #: 20-0503
• Version: 0
• Name: University of Maryland at Baltimore - Approving Application for Designation as a RISE Zone - Granting Enhanced Local Property Tax Credit
• Type: Mayor and City Council Res.
• Status: Enacted
• File created: 2/24/2020
• In control: Housing and Urban Affairs Committee
• Final action: 6/25/2020
• Enactment #: 20-23
• Title: University of Maryland at Baltimore - Approving Application for Designation as a RISE Zone - Granting Enhanced Local Property Tax Credit For the purpose of approving the submission of an application from the University of Maryland at Baltimore, a “qualified institution” under the State’s Regional Institution Strategic Enterprise Zone (“RISE Zone”) Program; approving and joining in the application for designation of a RISE Zone along West Baltimore Street identified as: · Ward 04, Section 060, Block 0626, Lots 026, 029, 035, 036, 037, 038, 039, 040, 041, 042, 043, 052, 053, 053A, 053B, 053C, 053D, and 053E · Ward 18, Section 090, Block 0220, Lot 001M · Ward 18, Section 100, Block 0203, Lots 110, 116, 117, and 199 · Ward 18, Section 100, Block 0202, Lots 014, 016, 017, 019, 020, 021, 022, 023, 024, 024A, 024B, 025, 026, 027, 028, and 076B · Ward 18, Section 100, Block 0219, Lots 001, 002, 003, 004, 005, 006, 007, 008, 009, 010, 011, 012, 013, 014, 016, 017, 018, 019, 020, 021, 022,...
• Sponsors: John T. Bullock
• Indexes: Application, Property Tax Credit, University of Maryland

Date	Ver.	Action By	Action	Result
7/6/2020	0	Mayor	Signed by Mayor
5/18/2020	0	City Council	Approved and Sent to the Mayor
5/11/2020	0	City Council	3rd Reader, for final passage
5/11/2020	0	Taxation, Finance and Economic Development Committee	Recommended Favorably
4/30/2020	0	Taxation, Finance and Economic Development Committee	Recommended Favorably	Pass
4/27/2020	0	Taxation, Finance and Economic Development Committee	Scheduled for a Public Hearing
3/9/2020	0	Taxation, Finance and Economic Development Committee	Scheduled for a Public Hearing
2/27/2020	0	The City Council	Refer to Board of Estimates
2/27/2020	0	The City Council	Refer to Dept. of Finance
2/27/2020	0	The City Council	Refer to Baltimore Development Corporation
2/27/2020	0	The City Council	Refer to Dept. of Real Estate
2/27/2020	0	The City Council	Refer to Dept. of Housing and Community Development
2/27/2020	0	The City Council	Refer to City Solicitor
2/27/2020	0	The City Council	Refer to Dept. of Planning
2/24/2020	0	City Council	Assigned
2/24/2020	0	City Council	Introduced

* 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: Councilmember Bullock
At the request of: Baltimore Development Corporation

A Resolution Entitled

A Resolution of the Mayor and City Council concerning
title
University of Maryland at Baltimore - Approving Application for Designation as a RISE Zone - Granting Enhanced Local Property Tax Credit
For the purpose of approving the submission of an application from the University of Maryland at Baltimore, a “qualified institution” under the State’s Regional Institution Strategic Enterprise Zone (“RISE Zone”) Program; approving and joining in the application for designation of a RISE Zone along West Baltimore Street identified as:

· Ward 04, Section 060, Block 0626, Lots 026, 029, 035, 036, 037, 038, 039, 040, 041, 042, 043, 052, 053, 053A, 053B, 053C, 053D, and 053E

· Ward 18, Section 090, Block 0220, Lot 001M

· Ward 18, Section 100, Block 0203, Lots 110, 116, 117, and 199

· Ward 18, Section 100, Block 0202, Lots 014, 016, 017, 019, 020, 021, 022, 023, 024, 024A, 024B, 025, 026, 027, 028, and 076B

· Ward 18, Section 100, Block 0219, Lots 001, 002, 003, 004, 005, 006, 007, 008, 009, 010, 011, 012, 013, 014, 016, 017, 018, 019, 020, 021, 022, 023, 024, 025, 026, 027, 028, 030, 031, 032, 033, 034, 035, 036, 037, 038, 039, 040, 041, 042, 043, 044, 045, and 046

(the “Property”); granting an enhanced local property tax credit for the Property; and providing for a special effective date.
body

Recitals

The Maryland General Assembly has established a Regional Institution Strategic Enterprise Zone (“RISE Zone”) Program to (i) access i...