Baltimore City Council
Meeting Name: Taxation, Finance and Economic Development Committee Agenda status: Final
Meeting date/time: 6/21/2018 10:00 AM Minutes status: Final  
Meeting location: Du Burns Council Chamber, 4th floor, City Hall
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Attachments: Minutes Addendum - Compliance Checklist
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18-0215 0 Maryland Department of Transportation - County Transportation Revenue Bonds - Series 2018Mayor and City Council Res.Maryland Department of Transportation - County Transportation Revenue Bonds - Series 2018 For the purpose of authorizing the Mayor and City Council of Baltimore (the “City”) to enter into an agreement with the Maryland Department of Transportation in connection with the participation by the City in the proceeds derived from the sale of certain bonds, to be known as Department of Transportation of Maryland County Transportation Revenue Bonds, Series 2018 or as otherwise designated by the Secretary of Transportation and to be issued pursuant to Title 3, Subtitle 5 of the Transportation Article of the Annotated Code of Maryland, as amended; authorizing certain officials of the City to take certain actions in connection with the City’s participation in the proceeds of the sale of such bonds; providing for the pledge of the City’s share of Highway User Revenues to the payment of such bonds; providing that neither the faith and credit nor the taxing power of the City shall be pledged to the City’s payment obligations under the Participation Agreement identified herein; providing for the sRecommended FavorablyPass Action details Not available