Board Bill Number 165 In Session 2020-2021

Elimination of the Maryland Plaza North, Convention Center Hotel, 1141-1151 South Seventh Street, 1312 Washington and MLK Plaza Special Allocation Funds

Summary

This Board Bill eliminates the Maryland Plaza North, Convention Center Hotel, 1141-1151 South Seventh Street, 1312 Washington and MLK Plaza Special Allocation Funds for these Tax Increment Financings (TIFs) because the City payed off and retired the Notes/Bonds for said TIFs. The Special Allocation Funds will pass through any PILOTs and EATs captured to the statutory Taxing Jurisdictions.

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Overview

Session: 2020-2021

Primary Sponsors: Joseph D Roddy

Ordinance: 71278 effective 02/27/2021

Committee: Housing, Urban Development and Zoning

Co-Sponsors:

Heather Navarro

Legislative History

Legislative activities for this board bill. Learn more about what these activities mean.

  • 11/13/2020

    First Reading

  • 11/20/2020

    Second Reading

  • 12/04/2020

    Perfection

  • 01/08/2021

    Third Reading

Votes

01/08/2021 Vote Results

Aye Votes 28
No Votes 0
Final Passage Vote

View vote details

Ordinance

Ordinance Number: 71278

Effective Date: 02/27/2021

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