City of Baltimore Legistar System

Bond Issue - Baltimore Museum of Art Loan - $750,000

FOR the purpose of authorizing the Mayor and City Council of Baltimore (pursuant

to Resolution II of 2008 approved by the members of the Maryland General

Assembly representing Baltimore City) to create a debt, and to issue and sell its

certificates of indebtedness as evidence thereof, and proceeds not exceeding

$750,000 from the sale of such certificates to be used for the cost of issuance,

including the expense of engraving, printing, advertising, attorneys' fees, and all

other incidental expenses connected therewith, and the remainder of such proceeds

to be used for the acquisition, by purchase, condemnation, or any other legal

means, of land or property, or any rights therein, in the City of Baltimore, and for

constructing and erecting, on said land or property, or on any land or property, new

buildings, structures and other auxiliary facilities, and for the renovation,

alternation, construction, reconstruction, installation, improvement and repair of

existing buildings, structures and facilities to be or now being used in connection

with the operations, functions, and activities of the Baltimore Museum of Art; and

to equip all facilities authorized to be constructed, renovated, altered or improved

by the provisions hereof; 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; 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 4th day of November, 2008; 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.

Bond Issue - Community Development Loan - $30,500,000

FOR the purpose of authorizing the Mayor and City Council of Baltimore (pursuant

to Resolution XIII of 2008 approved by the members of the Maryland General

Assembly representing Baltimore City) to create a debt, and to issue and sell its

certificates of indebtedness as evidence thereof, and proceeds not exceeding

$30,500,000 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, and the

remainder of such proceeds to be used for or in connection with planning,

developing, executing, and making operative the community development 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 payment of any and all costs and expenses incurred in connection

with or incidental to the acquisition and management of said land or property,

including any and all rights or interest therein hereinbefore mentioned; the payment

of any and all costs and expenses incurred for or in connection with relocating and

moving persons or other legal entities displaced by the 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; 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; 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; 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

4th day of November, 2008; 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.

Bond Issue - Economic Development Loan - $15,300,000

FOR the purpose of authorizing the Mayor and City Council of Baltimore (pursuant

to Resolution XIV of 2008 approved by the members of the Maryland General

Assembly representing Baltimore City) to create a debt, and to issue and sell its

certificates of indebtedness as evidence thereof, and proceeds not exceeding

$15,300,000 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, and the

remainder of such proceeds to be used for or in connection with planning,

developing, executing, and making operative the commercial and industrial

economic development 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 payment of any and all

costs and expenses incurred in connection with or incidental to the acquisition and

management of said land or property, including any and all rights or interests

therein hereinbefore mentioned; the payment of any and all costs and expenses

incurred for or in connection with relocating and moving persons or other legal

entities displaced by the acquisition of said land or property, or any of the rights or

interests 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; 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; 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; authorizing the making of loans and grants to persons

and other legal entities; and for doing any and all things necessary, proper or