Baltimore City Council
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Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: Ways and Means Agenda status: Final
Meeting date/time: 6/28/2022 10:02 AM Minutes status: Draft  
Meeting location: Du Burns Chambers, 4th Floor, City Hall
Published agenda: Agenda Agenda Accessible Agenda Accessible Agenda Published minutes: Not available  
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22-0232 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 II of 2022 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 THIRTY-EIGHT Million Dollars ($38,000,000.00) 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 Bal   Not available Not available