Prince George's County Council - Reference No. CB-050-2012

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Details

Reference No.

CB-050-2012 Draft No. 1

Type:

Council Bill

Status:

Enacted

Meeting Body

County Council

Meeting Date

7/24/2012

Introduced Date

6/19/2012

Public Hearing Date

Effective date:

11/20/2012

Title:

An Act concerning borrowing to finance Capital Projects for Prince George’s Community College in an amount not to exceed $156,047,000, and providing for the issuance of such bonds subject to referendum of the legal voters of the County

Proposers/Sponsors:

Will Campos, Derrick Leon Davis, Mel Franklin, Andrea C. Harrison, Mary A. Lehman, Eric C. Olson, Obie Patterson, Karen R. Toles, County Executive

Attachments:

1. ACTION SUMMARY S2012050, 2. B2012050.pdf

Contact:

Joseph R. Hamlin Office of Law

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
11/20/2012		County Council	effective		Action details	Meeting details	Not available
8/3/2012		County Executive	signed		Action details	Meeting details	Not available
6/19/2012		County Council	introduced		Action details	Meeting details	Not available
6/5/2012	1	County Council	referred	Pass	Action details	Meeting details	Not available
6/5/2012		County Council	presented		Action details	Meeting details	Not available

Title An Act concerning borrowing to finance Capital Projects for Prince George’s Community College in an amount not to exceed $156,047,000, and providing for the issuance of such bonds subject to referendum of the legal voters of the County Background This bill provides the authority to borrow an amount not to exceed $156,047,000 to finance community college improvements as approved in the FY2013-2018 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 FY2013-2018 Capital Improvement Program.

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