(I) HAS OR WILL HAD A CERTIFICATE OF OCCUPANCY AS OF
JANUARY 1,1999 OR WILL HAVE RECEIVE A CERTIFICATE OF OCCUPANCY ISSUED ON
OR AFTER JANUARY 1. 1999;

(II) IS LOCATED ON ONE OR MORE PARCELS OF LAND, ALL OF
WHICH ARE SITUATED IN AN URBAN RENEWAL AREA; AND

(III) INCLUDES AT LEAST ONE OF THE FOLLOWING:
1. A HOTEL THAT:

A. PROVIDES AT LEAST 100 FULL-TIME EQUIVALENT JOB
OPPORTUNITIES; AND

B. HAS A PRIVATE CAPITAL INVESTMENT OF EQUITY AND
DEBT COMBINED OF AT LEAST $20,000,000;

2. AN OFFICE BUILDING THAT:

A. PROVIDES AT LEAST 150 FULL-TIME EQUIVALENT JOB
OPPORTUNITIES; AND

B. HAS A PRIVATE CAPITAL INVESTMENT OF EQUITY AND
DEBT COMBINED OF AT LEAST $20,000,000;

3. A RETAIL FACILITY THAT:

A. PROVIDES AT LEAST 100 FULL-TIME EQUIVALENT JOB
OPPORTUNITIES; AND

B. HAS A PRIVATE CAPITAL INVESTMENT OF EQUITY AND
DEBT COMBINED OF AT LEAST $10,000,000;

4. A MULTIFAMILY RESIDENTIAL FACILITY THAT HAS A
PRIVATE CAPITAL INVESTMENT OF EQUITY AND DEBT COMBINED OF AT LEAST
$5.000,000;

5. AN OFF-STREET PARKING FACILITY THAT:

A. CONTAINS AT LEAST 250 PARKING SPACES; AND

B. HAS A PRIVATE CAPITAL INVESTMENT OF EQUITY AND
DEBT COMBINED OF AT LEAST $2,500.000; OR

6. A MIXED-USE FACILITY THAT CONTAINS ONE OR MORE OF
THE FACILITIES DESCRIBED IN ITEMS 1 THROUGH 5 OF THIS ITEM, AT LEAST ONE OF
WHICH SATISFIES THE MINIMUM CRITERIA SET FORTH IN ITEM 1, 2, 3, 4, OR 5 OF THIS
ITEM.

(3) "URBAN RENEWAL AREA" MEANS THE FOLLOWING URBAN RENEWAL
AREAS SO DESIGNATED BY URBAN RENEWAL ORDINANCES ENACTED BY THE MAYOR
AND CITY COUNCIL OF BALTIMORE UNDER THE BALTIMORE CITY CHARTER:

(1) (I) CAMDEN STATION AREA;