Prince George's County Council - Reference No. CB-039-2008

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Details

Reference No.

CB-039-2008 Draft No. 1

Type:

Council Bill

Status:

Enacted

Meeting Body

County Council

Meeting Date

7/15/2008

Introduced Date

6/17/2008

Public Hearing Date

Effective date:

9/12/2008

Title:

An Act concerning borrowing to finance Capital Projects for School Construction in an amount not to exceed $705,065,000

Proposers/Sponsors:

Marilynn Bland, Will Campos, Samuel H. Dean, Thomas E. Dernoga, Camille A. Exum, Andrea C. Harrison, Tony Knotts, Eric C. Olson, Ingrid M. Turner, County Executive

Code sections:

None - None

Attachments:

1. ACTION SUMMARY S2008039, 2. B2008039.pdf

Contact:

Joseph R. Hamlin Office of Law

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
9/12/2008		County Council	effective		Action details	Meeting details	Not available
7/29/2008		County Executive	signed		Action details	Meeting details	Not available
7/15/2008	1	County Council	Public hearing	Pass	Action details	Meeting details	Not available
7/15/2008	1	County Council	enacted	Pass	Action details	Meeting details	Not available
6/17/2008		County Council	introduced		Action details	Meeting details	Not available
6/16/2008	1	County Council	FAVORABLE	Pass	Action details	Meeting details	Not available
6/3/2008	1	County Council	referred	Pass	Action details	Meeting details	Not available
6/3/2008		County Council	presented		Action details	Meeting details	Not available

Title An Act concerning borrowing to finance Capital Projects for School Construction in an amount not to exceed $705,065,000 Background This bill provides the authority to borrow an amount not to exceed $705,065,000 to finance school construction projects as approved in the FY2009-2014 Capital Improvement Program. The amount enabled will provide sufficient funding to complete a useable portion of each project as required by Section 823 of the County Charter. The borrowings authorized in this bill will occur over several years as programmed in the FY2009-2014 Capital Improvement Program. Pursuant to Section 323 of the County Charter, Board of Education capital projects are not referred to a referendum of the voters of the County.

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