AGENDA ITEMS 10-11
November 23, 2010
Councilmembers should save this packet for use on November 30 if needed.
t'Michael Faden, Senior Legislative Attorney
Glenn Orlin, Deputy Council Staff Director
Marlene Michaelson, Senior Legislative Analyst
Worksession: Bill 50-10, Special Taxing District- White Flint Creation
Resolution to approve White Flint Development Tax District
transportation infrastructure improvements
The Planning, Housing, and Economic Development (PHED) and Management and Fiscal Policy (MFP)
Committees met on October 28 and November 16 to discuss the financing plan to implement the
recommendations of the White Flint Sector Plan (Bill
and the associated infrastructure list/tax
policy resolution). The Council earlier held a hearing on both items on October 26. The joint
Committees recommended enacting the Bill and approving the resolution with the amendments
discussed in this memorandum. Their recommendations are summarized below and are provided in
more detail on the following pages.
The only amendments needed to Bill
are those noted in this memo. Executive staff is revising the
accompanying resolution, which will include a number of amendments. Council staff did not receive a
revised draft before this packet went to print. We will circulate an addendum when we receive it.
Council action on both items is scheduled for November 30.
Summary of Committee Recommendations
Support the Special Taxing District as the appropriate new financing vehicle for White Flint.
Approve a policy to cap the District
rate, but do not set a cap in legislation.
Create a Capital Improvement Program (CIP) amendment to allow all critical projects needed
in the short term to proceed.
Use forward funding by the County, to be repaid by the District, to address short-term
revenue shortages for critical projects.
Retain the transportation impact tax in the White Flint area, but set the rate at zero pending
further information regarding potential lost impact
Revise the infrastructure bucket lists to refine cost estimates, shift or eliminate certain
projects, and better reflect master plan staging recommendations.