Agenda Item 8
October 5, 2010
Faden, Senior Legislative Attorney
Bill 50-10, Special Taxing District - White Flint - Creation
Bill 50-10, Special Taxing District White Flint - Creation, sponsored by the Council
President at the request of the County Executive, is scheduled to be introduced on October 5,
2010. A public hearing is tentatively scheduled for October 26 at 7:30 p.m.
Bill 50-10 would establish a White Flint Special Taxing District. The Bill would also
authorize the levy of an ad valorem property
to fund transportation infrastructure
improvements that are specified in an implementing resolution (see Item
today) and authorize
the issuance of a certain type of bond to finance certain transportation infrastructure
improvements. The Executive's detailed memo on ©11-17 explains the background of and
reasons for the proposals in this Bill and the related resolution and appropriation request (see
Item 4G today).
Council staff added more general language to the Bill's long title (purpose clause) to give
the Council added leeway to restructure the financing mechanism or otherwise amend the Bill as
it sees necessary.
A letter to the Council from the White Flint Partnership (see ©21) raised questions about
some policy decisions that are incorporated in the Executive's proposal.
This packet contains:
Memo from County Executive
Fiscal Impact Statement
Letter from White Flint Partnership
F:ILAWIBlLLS\IOS0 White Flint Creationllntro Memo.Doc