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Bill 52-16

AN ORDINANCE concerning: Gibson Island Special Community Benefit District - Approval of Loan and Amended Assignment Agreement

Legislative Day 30
Introduced by Mr. Fink, Chairman
For the purpose of obligating the County to levy the special tax known as the special community benefit assessment on the Gibson Island Special Community Benefit District in an amount sufficient to repay a loan from Old Line Bank to the Gibson Island Corporation in each of eight (8) ten (10) fiscal years during the term of the loan.
Introduced: 6/6/2016
Amended: 7/5/2016
Amended: 7/18/2016
Passed: 7/18/2016