Ordinance 71278

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

New Search

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.

Overview

Session: 2020-2021

Board Bill Number: 165

Sponsor: Joseph D Roddy

Committee: Housing, Urban Development and Zoning

Effective: 02/27/2021

Co-Sponsors:

Heather Navarro

Legislative History

  • 11/13/2020

    First Reading

  • 11/20/2020

    Second Reading

  • 12/04/2020

    Perfection

  • 01/08/2021

    Third Reading

Was this page helpful?      



Comments are helpful!
500 character limit

Feedback is anonymous.