Baltimore City Council
Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: Committee of the Whole Agenda status: Draft
Meeting date/time: 11/12/2024 1:00 PM Minutes status: Draft  
Meeting location: Virtual/Du Burns Chambers, 4th Floor, City Hall, Phone: +1-408-418-9388, Access Code: 2338 477 6134, Password: Public, Link: https://bmore.webex.com/bmore/j.php?MTID=m93bc67f7c1e7ef8a2948eaec4c1837ad
24-0594
Published agenda: Not available Published minutes: Not available  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
24-0594 0 City-Wide Affordable Housing Bond IssuanceOrdinanceCity-Wide Affordable Housing Bond Issuance For the purpose of authorizing the issuance of special obligation bonds and the pledge, subject to appropriation, of Tax Increment Revenues (as such term is defined herein) to the payment of debt service thereon; 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 $65,000,000 (to support, subject to additional Mayor and City Council approval, a borrowing program in the aggregate principal amount of $150,000,000) for the purpose of financing costs associated with the rehabilitation of vacant units and the development of affordable housing, certain public infrastructure improvements, and other related costs, including, without limitation, the Project (defined herein), and other necessary improvements to, from, or within the development district, and certain other improvements permitted by the Tax Increment Act (defined herein); providing for the method and sources of payment for such special obligation bonds; authorizing the Board of Finance to specify,    Not available Not available