acquisition of said land or property, or any of the rights or interest therein
hereinbefore mentioned; the development or redevelopment, including, but
not limited to, the comprehensive renovation or rehabilitation of any land or
property, or any rights or interests therein hereinbefore mentioned, in the
City of Baltimore; and the disposition of land and property for such
purposes; the elimination of unhealthful, unsanitary, or unsafe conditions,
lessening density, eliminating obsolete or other uses detrimental to the
public welfare or otherwise removing or preventing the spread of blight or
deterioration in the City of Baltimore; building from strength; stabilizing
middle neighborhoods, strengthening neighborhood retail corridors, the
creation of healthy, sanitary, and safe, and green conditions in the City of
Baltimore; the demolition, removal, relocation, renovation or alteration of
land, buildings, streets, highways, alleys, utilities or services, and other
structures or improvements and for the construction, reconstruction ,
installation, relocation or repair of buildings, streets, highways, alleys,
utilities or services, and other structures or improvements; making loans
and grants to various projects and programs related to growing businesses
in the City; attracting and retaining jobs; providing homeownership
incentives and home repair assistance; making loans and grants to various
projects and programs related to improving the cultural life and promotion
of tourism in Baltimore City; and the lending or granting of funds to any
person or other legal entity to be used for or in connection with the
rehabilitation, renovation, redevelopment, improvement or construction of
buildings and structures to be used or occupied for residential or
commercial purposes and the payment of any and all costs and expenses
incurred for, or in connection with, doing any or all of the things herein
mentioned, including, but not limited to, the costs and expenses of securing
administrative, appraisal, economic analysis, engineering, planning,
designing, architectural, surveying, and other professional services; and for
doing any and all things necessary, proper, or expedient in connection with
or pertaining to any or all of the matters or things hereinbefore mentioned;
all such land or property shall be acquired, developed, redeveloped,
renovated, rehabilitated, altered, improved, held or disposed of, as
provided by law; authorizing the issuance of refunding bonds; conferring
and imposing upon the Board of Finance of Baltimore City certain powers
and duties; authorizing the submission of this Ordinance to the legal voters
of the City of Baltimore, for their approval or disapproval, at the General
Election to be held in Baltimore City, on Tuesday, the 5th day of November,
2024; and providing for the expenditure of the proceeds of sale of said
certificates of indebtedness in accordance with the provisions of the
Charter of the Mayor and City Council of Baltimore, and by the municipal
agency designated in the annual Ordinance of Estimates of the Mayor and
City Council of Baltimore.
A motion was made by member Stokes, seconded by member Middleton, that
Ordinance 24-0536 be Recommended Favorably. The motion carried by the
following vote:
5 - Costello, Burnett, Dorsey, Middleton, and Stokes Sr.
2 - McCray, and "Yitzy" Schleifer
Yes:
Absent: