Prince George's County Council - Reference No. CB-050-2010

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Details

Reference No.

CB-050-2010 Draft No. 1

Type:

Council Bill

Status:

Enacted

Meeting Body

County Council

Meeting Date

7/13/2010

Introduced Date

6/15/2010

Public Hearing Date

Effective date:

11/23/2010

Title:

An Act concerning borrowing to finance Capital Projects for County Buildings in an amount not to exceed $25,200,000, and providing for the issuance of such bonds subject to referendum of the legal voters of the County

Proposers/Sponsors:

Thomas E. Dernoga, Camille A. Exum, Eric C. Olson, Samuel H. Dean, County Executive

Code sections:

None - None

Attachments:

1. ACTION SUMMARY S2010050, 2. B2010050.pdf

Contact:

Joseph R. Hamlin Office of Law

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
11/23/2010		County Council	effective		Action details	Meeting details	Not available
7/27/2010		County Executive	signed		Action details	Meeting details	Not available
7/13/2010	1	County Council	Public hearing	Pass	Action details	Meeting details	Not available
7/13/2010	1	County Council	enacted	Pass	Action details	Meeting details	Not available
7/7/2010	1	County Council	FAVORABLE	Pass	Action details	Meeting details	Not available
6/15/2010	1	County Council	referred	Pass	Action details	Meeting details	Not available
6/15/2010		County Council	introduced		Action details	Meeting details	Not available

Title An Act concerning borrowing to finance Capital Projects for County Buildings in an amount not to exceed $25,200,000, 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 $25,200,000 to finance county building improvements as approved in the FY2011-2016 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 FY2011-2016 Capital Improvement Program.

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