Agenda Items 22A,B, C
October 26, 2010
Michael Faden, Senior Legislative Attorney
Marlene Michaelson, Senior Legislative Analyst
Glenn Orlin, Deputy Council Staff Director
to the FY11 Capital Budget and amendment to the FY11
16 Capital Improvements Program (CIP): $385,000 for White Flint District West
to approve White Flint Development Tax District transportation
BillSO-lO, Special Taxing District - White Flint Creation
On October 5 the Council President introduced on behalf of the
County Executive a White Flint infrastructure financing package, consisting of:
• Bill 50-10, Special Taxing District White Flint - Creation (see ©8-17);
• a Capital Improvements Program amendment and appropriation request (see ©29-33);
• a resolution (see © 18-19) to approve a list of transportation infrastructure
improvements to be funded by a White Flint Special Taxing District. This resolution
also would articulate non-binding County goals regarding the tax rates to be applied
in the district.
Bill 50-10 would establish a White Flint Special Taxing District. The Bill would also
authorize the levy of an additional ad valorem property tax to fund transportation infrastructure
improvements that are specified in an implementing resolution and authorize the issuance of a
certain type of bond to finance those transportation infrastructure improvements. 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.
The Executive's detailed memo on ©1-7 explains the background of and reasons for the
proposals in this Bill and the related resolution and appropriation request.
Bill 50-10 is based on recent state law amendments (2010 Maryland
Laws, Chapter 617, reprinted on ©24-28). County bond counsel had questioned whether added
state authority was needed to assure that the County can use special obligation bonds, which
don't count against County debt capacity, to pay debt service other than in a development district
created under County Code Chapter 14. This new state law answers that question, at least with
respect to transportation facilities.
also exempts any tax used to fund a special taxing district