City of Baltimore - File #: 24-0534

• File #: 24-0534
• Version: 0
• Name: Bond Issue - Affordable Housing Loan - $20,000,000
• Type: Ordinance
• Status: In Committee
• File created: 5/16/2024
• In control: Ways and Means
• Title: Bond Issue - Affordable Housing Loan - $20,000,000 For the purpose of authorizing the Mayor and City Council of Baltimore (pursuant to General Assembly House Resolution I and Senate Resolution I of 2024 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 TWENTY Million ($20,000,000.00) 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 or in connection with planning, developing,...
• Sponsors: Administration City Council
• Indexes: Affordable Housing, Bond Issue, Loan

Date	Ver.	Action By	Action	Result
6/17/2024	0	Ways and Means	Scheduled for a Public Hearing
5/21/2024	0	Baltimore City Council	Refer to Dept. of Planning
5/21/2024	0	Baltimore City Council	Refer to Dept. of Finance
5/21/2024	0	Baltimore City Council	Refer to City Solicitor
5/21/2024	0	Baltimore City Council	Refer to Dept. of Housing and Community Development
5/21/2024	0	Baltimore City Council	Refer to Baltimore Development Corporation
5/16/2024	0	Baltimore City Council	Introduced
5/16/2024	0	Baltimore City Council	Assigned

* Warning: This is an unofficial, introductory copy of the bill.
The official copy considered by the City Council is the first reader copy.
Introductory*

City of Baltimore
Council Bill

Introduced by: The Council President
At the request of: The Administration (Department of Planning)


A Bill Entitled

An Ordinance concerning
title
Bond Issue - Affordable Housing Loan - $20,000,000
For the purpose of authorizing the Mayor and City Council of Baltimore (pursuant to General Assembly House Resolution I and Senate Resolution I of 2024 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 TWENTY Million ($20,000,000.00) 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 or in connection with planning, developing, executing, and making operative the Affordable Housing program of the Mayor and City Council of Baltimore, including, but not limited to, the acquisition, by purchase, lease, condemnation or any other legal means, of land or property, or any right, interest, franchise, easement or privilege therein, in the City of Baltimore; the p...