Ordinance 71278
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
Board Bill Number: 165
Primary Sponsors: Joseph D Roddy
Committee: Housing, Urban Development and Zoning
Effective: 02/27/2021
Co-Sponsors:
Legislative History
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11/13/2020
First Reading
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11/20/2020
Second Reading
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12/04/2020
Perfection
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01/08/2021
Third Reading
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