Baltimore City Council
Share to Facebook Share to Twitter Bookmark and Share
Meeting Name: Taxation, Finance and Economic Development Committee Agenda status: Final
Meeting date/time: 5/17/2018 10:15 AM Minutes status: Final  
Meeting location: Du Burns Council Chamber, 4th floor, City Hall
18-0212
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Attachments: Minutes Addendum - Compliance Checklist
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
18-0212 0 Bond Issue - School Loan - $38,000,000OrdinanceBond Issue - School Loan - $38,000,000 For the purpose of authorizing the Mayor and City Council of Baltimore (pursuant to General Assembly House Resolution II and Senate Resolution IV of 2018 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 $38,000,000 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, construRecommended FavorablyPass Action details Not available