University of Maryland at Baltimore - Approving Application for Designation as a RISE Zone - Granting Enhanced Local Property Tax Credit For the purpose of approving the submission of an application from the University of Maryland at Baltimore, a “qualified institution” under the State’s Regional Institution Strategic Enterprise Zone (“RISE Zone”) Program; approving and joining in the application for designation of a RISE Zone along West Baltimore Street identified as: · Ward 04, Section 060, Block 0626, Lots 026, 029, 035, 036, 037, 038, 039, 040, 041, 042, 043, 052, 053, 053A, 053B, 053C, 053D, and 053E · Ward 18, Section 090, Block 0220, Lot 001M · Ward 18, Section 100, Block 0203, Lots 110, 116, 117, and 199 · Ward 18, Section 100, Block 0202, Lots 014, 016, 017, 019, 020, 021, 022, 023, 024, 024A, 024B, 025, 026, 027, 028, and 076B · Ward 18, Section 100, Block 0219, Lots 001, 002, 003, 004, 005, 006, 007, 008, 009, 010, 011, 012, 013, 014, 016, 017, 018, 019, 020, 021, 022, 023, 024, 025, 026, 027, 028, 030, 031, 032, 033, 034, 035, 036, 037, 038, 039, 040, 041, 042, 043, 044, 045, and 046 (the “Property”); granting an enhanced local property tax credit for the Property; and providing for a special effective date.

Committee

Housing and Urban Affairs Committee

Requested by

Baltimore Development Corporation

Introduced

February 24, 2020

Passed

June 25, 2020

Enactment no.

20-23