reglab/statecodes huggingface dataset:
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 3 - Redevelopment Bonds › Section 12-302 - Ordinance or Resolution

(a)    To issue a bond, a political subdivision shall adopt an ordinance or resolution that:
(1)    describes the proposed undertaking to be financed by the bond proceeds;
(2)    requires compliance with § 12-303 of this subtitle before the bond is issued; and
(3)    specifies the maximum principal amount of the bond.
(b)    As the political subdivision considers appropriate to effect the financing of the proposed undertaking, the ordinance or resolution may:
(1)    specify the items listed in subsection (c) of this section;
(2)    authorize the finance board of the political subdivision to specify those items by resolution or ordinance; or
(3)    authorize the chief executive of the political subdivision to specify those items by executive order.
(c)    For each issuance of a bond, the political subdivision may specify:
(1)    the principal amount;
(2)    the interest rate or, for floating or variable rates of interest, the method to determine the interest rate;
(3)    the manner and terms of sale, including whether by competitive or negotiated sale;
(4)    the time of execution, issuance, and delivery;
(5)    the form and denomination;
(6)    the source, manner, times, and places to pay principal or interest;
(7)    conditions for redemption before maturity;
(8)    the actions taken to comply with § 12-307 of this subtitle;
(9)    the purposes for which proceeds may be spent;
(10)    the source of security; and
(11)    other provisions that the governing body of the political subdivision determines are necessary or desirable to effect the financing of the proposed undertaking.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 3 - Redevelopment Bonds › Section 12-303 - Designation of Blighted Area

(a)    Before a political subdivision issues a bond, the political subdivision shall pass an ordinance or administrative resolution that:
(1)    designates an area in the political subdivision as a designated blighted area based on the substantial presence of:
(i)    excessive vacant land on which structures were previously located;
(ii)    abandoned or vacant buildings;
(iii)    substandard structures;
(iv)    delinquencies in real property tax payments; or
(v)    similar factors that the political subdivision determines indicate blight;
(2)    designates the financed area for which the proceeds of the bond are to be used; and
(3)    adopts a redevelopment plan for the designated blighted area.
(b)    (1)    Before a county may designate a blighted area or financed area that lies wholly or partly in a municipal corporation, the municipal corporation shall consent to the designation of the part of the area that is within the municipal corporation.
(2)    Before a municipal corporation may designate a blighted area or financed area, the county that contains the area shall consent to the designation.
(3)    Consent under this subsection shall be made by ordinance or administrative resolution.
(c)    A political subdivision that issues a bond as a qualified redevelopment bond under the Internal Revenue Code shall comply with federal law in determining:
(1)    the designated blighted area and the financed area to which the bond relates; and
(2)    any other designated blighted areas in the political subdivision.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 3 - Redevelopment Bonds › Section 12-304 - Authority to Issue Bonds

(a)    The General Assembly intends that general obligation debt may be incurred by issuing bonds if the purposes for the debt include the purposes for issuing bonds under this subtitle.
(b)    Subject to subsections (c) and (d) of this section, a political subdivision may issue bonds to finance the redevelopment of a designated blighted area in accordance with the procedures of the political subdivision for authorization to sell and issue bonds.
(c)    A bond issued in accordance with an ordinance or resolution that pledges the full faith and credit of a political subdivision is subject to:
(1)    any applicable requirements of the Constitution and the political subdivision’s charter and laws on referendum for the issuance of general obligation debt; and
(2)    each limitation imposed by public general law, public local law, or charter on general obligation debt of the political subdivision.
(d)    (1)    This subsection does not apply to a county that is a charter county, as defined in § 1–101 of the Local Government Article, or a code county, as defined in § 1–101 of the Local Government Article.
(2)    A county may not issue bonds that are secured by the full faith and credit of the county unless the amount of bonds to be issued by the county under this subtitle is first authorized by the General Assembly.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 3 - Redevelopment Bonds › Section 12-305 - Security for Bonds

(a)    Except as provided in subsection (b) of this section, the ordinance or resolution described in § 12-303 of this subtitle may provide that a bond may be secured and made payable from any combination of:
(1)    a pledge of the full faith and credit of the political subdivision and payable by taxes of general applicability;
(2)    an increase in real property tax revenues that is attributable to increases in assessed value in designated blighted areas resulting from carrying out the purposes for which the bond is issued;
(3)    revenues of the project or undertaking for which the bond is issued;
(4)    proceeds of bonds; or
(5)    other money that may be legally made available to pay the bond.
(b)    A bond issued by Baltimore City may not be secured under subsection (a)(2) of this section.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 3 - Redevelopment Bonds › Section 12-306 - Allowable Expenditures

(a)    The ordinance or resolution described in § 12-308 of this subtitle may provide that bond proceeds may be spent on any combination of:
(1)    the following redevelopment purposes in a designated blighted area:
(i)    acquisition of real property by the political subdivision;
(ii)    clearing and preparing the real property;
(iii)    rehabilitating the real property; and
(iv)    relocating occupants of the real property;
(2)    other purposes that the local jurisdiction determines to be incidental, necessary, or appropriate to the redevelopment of the designated blighted area, including construction of new structures or the enlargement of existing structures; and
(3)    expenses of preparing, printing, selling, and issuing bonds, and funding reserves and interest on the bonds, in the amounts and for the time that the political subdivision considers reasonable.
(b)    Subject to subsection (c) of this section, money from the federal government, the State, or otherwise legally available for the purposes described in subsection (a) of this section may be spent for any of those purposes.
(c)    Expenditures under this section shall first be authorized in accordance with applicable laws.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 3 - Redevelopment Bonds › Section 12-307 - Agreements Between Political Subdivisions

(a)    By written agreement with the issuer of a bond, a political subdivision that is not the issuer may:
(1)    pledge to the payment of the bond any real property tax revenues attributable to increases in assessed value increase of property in designated blighted areas resulting from carrying out the purposes for which the bond is issued; and
(2)    make covenants about real property taxes and other charges in a designated blighted area as it considers appropriate.
(b)    An agreement made under this section may be for the benefit and be enforceable on behalf of any bondholder.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 3 - Redevelopment Bonds › Section 12-308 - Conditions of Issuance

(a)    A bond:
(1)    may be in bearer form;
(2)    may be registrable as to principal alone or as to both principal and interest; and
(3)    is a “security” under § 8-102 of the Commercial Law Article, whether or not the bond is one of a class or series or is divisible into a class or series of instruments.
(b)    (1)    A bond shall be signed manually or in facsimile by the chief executive of the political subdivision.
(2)    An officer’s signature or facsimile signature on a bond remains valid even if the officer leaves office before the bond is delivered.
(3)    The seal of the political subdivision shall be affixed to the bond and attested by the clerk or other similar administrative officer of the political subdivision.
(c)    (1)    A bond shall mature not later than 40 years after the date of issue.
(2)    Bonds may be issued as serial bonds or term bonds with provisions for a mandatory sinking fund or other annual principal redemption beginning not later than 3 years after the date of issue.
(d)    (1)    A bond shall be sold in the manner, at public or private (negotiated) sale, and on the terms at, above, or below par, as the political subdivision considers best.
(2)    A contract to acquire property may provide that payments shall be made in bonds.
(3)    A bond is not subject to §§ 19–205 and 19–206 of the Local Government Article.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 3 - Redevelopment Bonds › Section 12-309 - Tax Status

(a)    A bond, the transfer of a bond, the interest payable on a bond, the income derived from a bond, and the profit realized on sale or exchange of a bond are exempt from State and local taxes.
(b)    A political subdivision may issue bonds under this subtitle without regard to their federal tax status.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 3 - Redevelopment Bonds › Section 12-310 - Findings Conclusive

For purposes of an action involving the validity or enforceability of a bond or security for a bond, a finding by a political subdivision is conclusive as to:
(1)    the public purpose of an action taken under this subtitle; and
(2)    any other matter relating to the issuance of a bond.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 4 - Business Improvement Districts › Section 12-401 - Definitions

(a)    In this subtitle the following words have the meanings indicated.
(b)    “Board” means the board of directors of a district corporation.
(c)    “Commercial tenant” means a lessee or other lawful occupant, other than the owner, of nonexempt property within a district.
(d)    “District” means a business improvement district established under this subtitle.
(e)    “District corporation” means a business improvement district corporation formed in accordance with this subtitle.
(f)    “Members of the district” means owners of nonexempt property in the district.
(g)    “Nonexempt property” means nonresidential real property that is not exempt from paying real property taxes.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 4 - Business Improvement Districts › Section 12-402 - Legislative Purposes

The legislative purposes of this subtitle are to:
(1)    provide for the creation of business improvement districts; and
(2)    promote the general welfare of the residents, employers, employees, property owners, commercial tenants, consumers, and the general public within the geographic area of the business improvement districts.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 4 - Business Improvement Districts › Section 12-403 - Adoption of Local Law to Create Business Improvement District

(a)    Subject to a public hearing under § 12–408 of this subtitle and to accomplish one or more of the legislative purposes listed in § 12–402 of this subtitle, the legislative body of a county or municipal corporation may adopt a local law to create a business improvement district in accordance with this subtitle.
(b)    Subsection (a) of this section is self–executing and fully authorizes a county or municipal corporation to establish a district, notwithstanding any other statutory or charter provision.
(c)    A local law adopted under subsection (a) of this section shall include:
(1)    the name of the district corporation;
(2)    that the district corporation is formed under this subtitle;
(3)    the names, addresses, and terms of office of the initial members of the board of directors of the district corporation;
(4)    the address of the principal office of the district corporation;
(5)    the purposes for which the district is formed;
(6)    the powers of the district, subject to the limitations on the powers of districts under this subtitle; and
(7)    if applicable, articles of incorporation of the district corporation.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 4 - Business Improvement Districts › Section 12-404 - Board of Directors

(a)    A board of directors shall govern the district corporation.
(b)    (1)    Subject to paragraph (2) of this subsection, the board of a district corporation consists of five members appointed by the members of the district.
(2)    Appointment procedures shall be provided in the local law establishing the district.
(c)    From among its members, the board shall elect a chair and other officers.
(d)    (1)    Three voting members of the board are a quorum.
(2)    The board may act on a resolution only by the affirmative vote of at least three voting members.
(e)    A member of the board:
(1)    may not receive compensation as a member of the board; but
(2)    shall be reimbursed for expenses incurred in performing the member’s duties.
(f)    The board shall exercise its powers by resolution.
(g)    The board shall file an annual report with the governing body of the county or municipal corporation that includes:
(1)    a financial statement for the preceding year;
(2)    a proposed operating budget for the current fiscal year;
(3)    any proposed revisions to the business plan; and
(4)    a narrative statement or chart showing the results of operations in comparison to stated goals and objectives.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 4 - Business Improvement Districts › Section 12-406 - Powers

(a)    (1)    Except as limited by its articles of incorporation, a district corporation has all the powers set forth in this subtitle.
(2)    A district corporation may:
(i)    receive money from its incorporating county or municipal corporation, the State, other governmental units, or nonprofit organizations;
(ii)    charge fees for its services;
(iii)    have employees and consultants as it considers necessary; and
(iv)    use the services of other governmental units.
(b)    A district corporation shall operate and exercise its powers solely to accomplish one or more of the legislative purposes of this subtitle.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 4 - Business Improvement Districts › Section 12-407 - Documentation Required by Owners Seeking to Establish District

(a)    The owners of nonexempt property who seek to establish a district corporation shall submit appropriate documentation as described in subsection (b) of this section to:
(1)    the governing body of the county in which the proposed district is located; and
(2)    if the proposed district is located within a municipal corporation, the governing body of the municipal corporation.
(b)    The appropriate documentation required under subsection (a) of this section shall contain:
(1)    a statement setting forth:
(i)    the proposed name and address of the district corporation; and
(ii)    the street address of each owner of nonexempt property within the proposed district;
(2)    a statement expressing the intent to establish a district corporation that is signed by at least 80% of the owners of the total number of parcels of nonexempt property in the geographic area of the proposed district;
(3)    a proposed 3–year business plan that contains:
(i)    the goals and objectives of the proposed district;
(ii)    the annual proposed business improvement district tax for the proposed district’s common operations and the formula used to determine each member’s district tax; and
(iii)    the maximum amount and the nature of start–up costs incurred before the district’s establishment;
(4)    a tax assessor’s map of the geographic area of the proposed district;
(5)    a list of the proposed initial board of the proposed district corporation;
(6)    the proposed articles of incorporation and the bylaws of the district corporation;
(7)    for all nonexempt property within the proposed district:
(i)    the name and mailing address of each owner; and
(ii)    the most recent assessed value; and
(8)    a list of the names and addresses of all commercial tenants within the geographic area of the proposed district.
(c)    Within 45 days after receiving all appropriate documentation under subsection (b) of this section, the governing body of a county or municipal corporation shall schedule a public hearing on the application.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 4 - Business Improvement Districts › Section 12-408 - Requirements for Hearing; Authorization of District

(a)    At least 21 days before the public hearing, the governing body of a county or municipal corporation shall publish notice of the public hearing in a newspaper of general circulation within the geographic area of the proposed district.
(b)    At least 21 days before the public hearing, the owners of nonexempt property who seek to establish a district shall send notice of the public hearing and a summary of the application to:
(1)    each owner of nonexempt property within the proposed district; and
(2)    each commercial tenant within the proposed district.
(c)    Before the public hearing, the application shall be made available for review during normal business hours in at least one location in the proposed district.
(d)    Within 10 days after the public hearing, if the governing body of the county or municipal corporation determines that the needs of the district meet the purposes of this subtitle, the governing body shall authorize the district in accordance with § 12–403 of this subtitle.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 4 - Business Improvement Districts › Section 12-409 - Taxation

(a)    Within 10 days after the authorization by the governing body of the county or municipal corporation of the district, the district corporation shall provide the governing body of the county or municipal corporation with a preliminary business improvement district tax roll.
(b)    (1)    The governing body of the county or municipal corporation shall impose a business improvement district tax to provide funds for the operation of the district.
(2)    The governing body of the county or municipal corporation shall impose on members of the district the district tax at a rate specified by the board and approved by the governing body.
(3)    The tax imposed under this subsection may not count against a county or municipal corporation tax cap.
(c)    The district tax shall be collected in the same manner as real property taxes are collected and distributed each quarter to the district.
(d)    A district shall reimburse the governing body of a county or municipal corporation for the costs incurred in collecting the district tax.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 4 - Business Improvement Districts › Section 12-410 - Expansion of Geographic Area of District

An established district may expand the geographic area of the district if:
(1)    a petition for inclusion is submitted from at least 80% of the owners of the total number of parcels of nonexempt property in the geographic area proposed for inclusion in the district;
(2)    the petition under item (1) of this subsection is accepted by a majority vote of the board of the district corporation; and
(3)    the appropriate documents, as applicable, are submitted under § 12–407 of this subtitle and a hearing is held under § 12–408 of this subtitle.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 4 - Business Improvement Districts › Section 12-411 - Review and Approval of Continuing District

(a)    The governing body of a county or municipal corporation in which a district is established under this section shall:
(1)    review the effectiveness and desirability of continuing the district every 3 years from the time the district is authorized by local law under § 12–403 of this subtitle; and
(2)    develop policies and procedures for evaluating the desirability of continuing the district if requested by owners of nonexempt property in the district.
(b)    If the continuing existence of the district is not approved by the governing body:
(1)    the district shall cease to exist as directed by the governing body; and
(2)    the district corporation shall continue its existence only as long as necessary to terminate operation in a reasonable manner.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 5 - Montgomery County Equity Investments in Companies Located in the County › Section 12-501 - Equity Investments

(a)    Notwithstanding any other provision of law, Montgomery County may make an equity investment through the county’s Economic Development Fund in a company that is located in Montgomery County or that agrees to relocate its business to Montgomery County.
(b)    The proceeds of an equity investment made under subsection (a) of this section may be used for:
(1)    working capital;
(2)    salaries;
(3)    marketing materials;
(4)    acquisition of inventory, equipment, or real property;
(5)    construction;
(6)    renovation;
(7)    leasehold improvements; or
(8)    research and development.
(c)    The county may not acquire an ownership interest exceeding 25% of any enterprise.
(d)    (1)    The terms of an equity investment approved by the county shall be set forth in a funding agreement.
(2)    A funding agreement made under paragraph (1) of this subsection shall prohibit the county from:
(i)    participating in the selection of the management of the company;
(ii)    engaging in oversight of the operation of the company; or
(iii)    assuming any present or future liability of the company.
(3)    At the county’s discretion, a funding agreement made under paragraph (1) of this subsection may consist of:
(i)    an investment agreement;
(ii)    a limited partnership agreement;
(iii)    a preferred stock purchase agreement; or
(iv)    other documents that the county may require.
(e)    Notice of each equity investment made by Montgomery County under subsection (a) of this section shall be posted in a readily accessible and clearly identified location on the Montgomery County government website within 5 days after the date on which the county initiates the equity investment transaction.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 6 - Montgomery County -- Business Improvement Districts › Section 12-601 - Definitions

(a)    In this subtitle the following words have the meanings indicated.
(b)    “Board” means the board of directors of a district corporation.
(c)    “Commercial tenant” means a lessee or other lawful occupant, other than the owner, of nonexempt property within a district.
(d)    “Condominium” has the meaning stated in § 11–101 of the Real Property Article.
(e)    “Cooperative housing corporation” has the meaning stated in § 5–6B–01 of the Corporations and Associations Article.
(f)    “District” means a business improvement district established under this subtitle.
(g)    “District corporation” means a business improvement district corporation formed in accordance with this subtitle.
(h)    “Homeowners association” has the meaning stated in § 11B–101 of the Real Property Article.
(i)    “Members of the district” means owners of nonexempt property and commercial tenants in the district.
(j)    “Nonexempt property” means all real property that is not exempt from paying real property taxes except:
(1)    condominium units and cooperative housing corporation units that exist on or before the date of establishment of a district;
(2)    homeowners associations; or
(3)    residential property with fewer than four dwelling units.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 6 - Montgomery County -- Business Improvement Districts › Section 12-602 - Legislative Purposes

The legislative purposes of this subtitle are to:
(1)    provide for the creation of business improvement districts within Montgomery County; and
(2)    promote the general welfare of the residents, employers, employees, property owners, commercial tenants, consumers, and the general public within the geographic area of the business improvement districts.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 6 - Montgomery County -- Business Improvement Districts › Section 12-604 - Creation of Business Improvement District

(a)    Subject to a public hearing under § 12–609 of this subtitle and to accomplish a legislative purpose listed in § 12–602 of this subtitle, the  governing body of the county or a municipal corporation in the county may adopt a local law to create a business improvement district in accordance with this subtitle.
(b)    Subsection (a) of this section is self–executing and fully authorizes the county or a municipal corporation in the county to establish a district, notwithstanding any other statutory or charter provision.
(c)    A local law adopted under subsection (a) of this section shall include:
(1)    the name of the district corporation;
(2)    that the district corporation is formed under this subtitle;
(3)    the names, addresses, and terms of office of the initial members of the board of directors of the district corporation;
(4)    the address of the principal office of the district corporation;
(5)    the purposes for which the district is formed;
(6)    the powers of the district, subject to the limitations on the powers of districts under this subtitle; and
(7)    if applicable, articles of incorporation of the district corporation.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 6 - Montgomery County -- Business Improvement Districts › Section 12-605 - Board of Directors

(a)    A board of directors shall govern the district corporation.
(b)    (1)    Subject to paragraphs (2) and (3) of this subsection:
(i)    except as provided in item (ii) of this paragraph, the board of a district corporation consists of at least 11 members; or
(ii)    the governing body of the county or a municipal corporation in the county in which a district is established may determine a different number of members for the board if the district is connected with a business improvement district in another county, state, or in the District of Columbia.
(2)    Subject to paragraph (3) of this subsection, appointment procedures shall be provided in the local law establishing the district.
(3)    (i)    Owners of nonexempt property shall elect owner members.
(ii)    1.    Commercial tenants shall elect commercial tenant members in accordance with an election process that is established by the governing body of the county or a municipal corporation in the county in which the district is located.
2.    To the extent practicable, the election process shall reflect the diversity of businesses and other organizations in the district.
(c)    From among its members, the board shall elect a chair and other officers.
(d)    (1)    A majority of the voting members of the board is a quorum.
(2)    The board may act on a resolution only by the affirmative vote of a majority of the voting members.
(e)    A member of the board:
(1)    may not receive compensation as a member of the board; but
(2)    shall be reimbursed for expenses incurred in performing the member’s duties.
(f)    The board shall exercise its powers by resolution.
(g)    The board shall file an annual report with the governing body of the county or a municipal corporation in the county that includes:
(1)    a financial statement for the preceding year;
(2)    a proposed operating budget for the current fiscal year;
(3)    any proposed revisions to the business plan; and
(4)    a narrative statement or chart showing the results of operations in comparison to stated goals and objectives.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 6 - Montgomery County -- Business Improvement Districts › Section 12-607 - Powers

(a)    (1)    Except as limited by its articles of incorporation, a district corporation has all the powers set forth in this subtitle.
(2)    A district corporation may:
(i)    receive money from its incorporating county or municipal corporation, the State, other governmental units, or nonprofit organizations;
(ii)    charge fees for its services;
(iii)    have employees and consultants as it considers necessary; and
(iv)    use the services of other governmental units.
(b)    A district corporation shall operate and exercise its powers solely to accomplish one or more of the legislative purposes of this subtitle.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 6 - Montgomery County -- Business Improvement Districts › Section 12-609 - Public Hearing

(a)    At least 21 days before the public hearing, the governing body of the county or a municipal corporation in the county shall publish notice of the public hearing in a newspaper of general circulation within the geographic area of the proposed district.
(b)    The owners of nonexempt property who seek to establish a district shall send notice of the public hearing and a summary of the application to each owner and to the extent reasonably ascertainable, each commercial tenant of nonexempt property within the proposed district at least 90 days before the public hearing or when owners of at least 20% of the total number of parcels of nonexempt property express the intent to establish a district, whichever is earlier.
(c)    Before the public hearing, the application shall be made available for review during normal business hours in at least one location in the proposed district.
(d)    Within 10 days after the public hearing, if the governing body of the county or a municipal corporation in the county determines, in the sole discretion of the governing body, that the needs of the district meet a purpose of this subtitle, the governing body may authorize the district in accordance with § 12–604 of this subtitle.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 6 - Montgomery County -- Business Improvement Districts › Section 12-610 - Business Improvement District Tax

(a)    Within 10 days after the authorization of the district by the governing body of the county or a municipal corporation in the county, the district corporation shall provide the governing body of the county or a municipal corporation in the county with a preliminary business improvement district tax roll.
(b)    (1)    The governing body of the county or a municipal corporation in the county shall impose a business improvement district tax to provide funds for the operation of the district.
(2)    The governing body of the county or a municipal corporation in the county shall impose on members of the district who are owners of nonexempt property the district tax at a rate specified by the board and approved by the governing body.
(3)    The tax imposed under this subsection may not count against a county or municipal corporation tax cap.
(c)    The district tax shall be collected in the same manner as real property taxes are collected and distributed each quarter to the district.
(d)    A district shall reimburse the governing body of the county or a municipal corporation in the county for the costs incurred in collecting the district tax.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 6 - Montgomery County -- Business Improvement Districts › Section 12-611 - Expansion of District

(a)    An established district may expand the geographic area of the district if:
(1)    a petition for inclusion is submitted from:
(i)    owners of at least 51% interest in the assessed value of the nonexempt property and, subject to subsection (b) of this section, a designated board member of a condominium or cooperative housing corporation proposed for inclusion in the district; and
(ii)    owners of at least 51% of the total number of parcels of nonexempt property and, subject to subsection (b) of this section, a designated board member of a condominium or cooperative housing corporation proposed for inclusion in the district;
(2)    the petition under item (1) of this subsection is accepted by a majority vote of the board of the district corporation; and
(3)    the appropriate documents, as applicable, are submitted under § 12–608 of this subtitle and a hearing is held under § 12–609 of this subtitle.
(b)    (1)    Notwithstanding any other provision of this title and subject to paragraph (2) of this subsection, a condominium or cooperative housing corporation that is located in the proposed expanded geographic area of the district may petition to join the expansion.
(2)    A condominium or cooperative housing corporation described under paragraph (1) of this subsection may petition to join the expansion only if:
(i)    the condominium or cooperative housing corporation is governed by a board;
(ii)    the board votes to join the district corporation; and
(iii)    the board has a representative member of the board sign the appropriate documents required under § 12–608 of this subtitle.
(3)    For the purposes of the votes cast under subsection (a)(1) of this section:
(i)    a condominium or cooperative housing corporation shall be considered a single parcel; and
(ii)    the decision reached by the board shall constitute the vote of the condominium or cooperative housing corporation.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 6 - Montgomery County -- Business Improvement Districts › Section 12-612 - Review and Determination of Continuance of District

(a)    The governing body of the county or a municipal corporation in the county in which a district is established under this subtitle shall:
(1)    review the effectiveness and desirability of continuing the district every 3 years from the time the district is authorized by local law under § 12–604 of this subtitle; and
(2)    develop policies and procedures for evaluating the desirability of continuing the district if requested by members of the district.
(b)    If the continuing existence of the district is not approved by the governing body:
(1)    the district shall cease to exist as directed by the governing body; and
(2)    the district corporation shall continue its existence only as long as necessary to terminate operation in a reasonable manner.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 7 - Baltimore City -- West North Avenue Development Authority › Section 12-701 - Definitions [Subtitle Subject to Abrogation]

// EFFECTIVE UNTIL SEPTEMBER 30, 2026 PER CHAPTERS 80 AND 81 OF 2021 //
(a)    In this subtitle the following words have the meanings indicated.
(b)    “Buffer zone” means the area within 250 yards of the target area.
(c)    “Target area” means the portion of West North Avenue in Baltimore City between the 600 block and the 3200 block, inclusive.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 7 - Baltimore City -- West North Avenue Development Authority › Section 12-702 - West North Avenue Development Authority. [Subtitle Subject to Abrogation]

// EFFECTIVE UNTIL SEPTEMBER 30, 2026 PER CHAPTERS 80 AND 81 OF 2021 //
There is a West North Avenue Development Authority in Baltimore City.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 7 - Baltimore City -- West North Avenue Development Authority › Section 12-703 - Authority Members -- Chair. [Subtitle Subject to Abrogation]

// EFFECTIVE UNTIL SEPTEMBER 30, 2026 PER CHAPTERS 80 AND 81 OF 2021 //
(a)    The Authority consists of the following members:
(1)    one member of the Senate of Maryland who represents the target area, appointed by the President of the Senate;
(2)    one member of the House of Delegates who represents the target area, appointed by the Speaker of the House;
(3)    the Secretary of Housing and Community Development, or the Secretary’s designee;
(4)    the Secretary of Transportation, or the Secretary’s designee;
(5)    one member of the Baltimore City Council who represents the target area, appointed by the President of the Baltimore City Council;
(6)    one member appointed by the Mayor of Baltimore City;
(7)    one member appointed by the Governor;
(8)    the Director of the Baltimore Development Corporation, or the Director’s designee;
(9)    the Commissioner of the Baltimore City Department of Housing and Community Development, or the Commissioner’s designee;
(10)    the Director of the Baltimore City Department of Transportation, or the Director’s designee;
(11)    the Director of the Baltimore City Department of Planning, or the Director’s designee;
(12)    the President of Coppin State University, or the President’s designee;
(13)    the President of the Maryland Institute College of Art, or the President’s designee; and
(14)    two members who are residents of communities impacted by the target area or buffer zone, selected by the majority vote of the leadership of the following organizations:
(i)    Alliance of Rosemont Community Associations;
(ii)    Bolton Hill Community Association;
(iii)    Coppin Heights Community Development Corporation;
(iv)    Druid Heights Community Development Corporation;
(v)    Greater Mondawmin Coordinating Council;
(vi)    Penn North Community Association; and
(vii)    collectively, the leadership of the Reservoir Hill Improvement Council, the Reservoir Hill Association, and the Upper Eutaw Madison Neighborhood Association.
(b)    The President of Coppin State University, or the President’s designee, shall serve as the chair of the Authority.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 7 - Baltimore City -- West North Avenue Development Authority › Section 12-704 - Appropriated Funds -- Donated Services -- Staff and Consultants [Subtitle Subject to Abrogation]

// EFFECTIVE UNTIL SEPTEMBER 30, 2026 PER CHAPTERS 80 AND 81 OF 2021 //
(a)    The Authority may manage appropriated funds from the City of Baltimore and the State.
(b)    The Authority may receive donated services from accountants, lawyers, or other consultants as necessary to carry out this subtitle.
(c)    The Authority may supervise, manage, and terminate staff and consultants as necessary.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 7 - Baltimore City -- West North Avenue Development Authority › Section 12-705 - Compensation and Reimbursement [Subtitle Subject to Abrogation]

// EFFECTIVE UNTIL SEPTEMBER 30, 2026 PER CHAPTERS 80 AND 81 OF 2021 //
A member of the Authority:
(1)    may not receive compensation as a member of the Authority; but
(2)    is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 7 - Baltimore City -- West North Avenue Development Authority › Section 12-706 - Authority Duties -- Modification of Boundaries -- Report on Strategy. [Subtitle Subject to Abrogation]

// EFFECTIVE UNTIL SEPTEMBER 30, 2026 PER CHAPTERS 80 AND 81 OF 2021 //
(a)    The Authority shall:
(1)    support the development and approval of a comprehensive neighborhood revitalization plan in the target area and the buffer zone to benefit:
(i)    the residents;
(ii)    housing;
(iii)    neighborhoods;
(iv)    economic development; and
(v)    transportation, including motor vehicles and pedestrians; and
(2)    work in coordination with the residents of the target area and the buffer zone to develop a comprehensive neighborhood revitalization plan.
(b)    The Authority may, by a majority vote of all members of the Authority, modify the boundaries of the target area and the buffer zone.
(c)    On or before October 1, 2023, the Authority shall report its comprehensive neighborhood revitalization strategy to the Governor and, in accordance with § 2–1257 of the State Government Article, to the Senate Budget and Taxation Committee and the House Appropriations Committee.
2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 12 - Local Development Authorities and Resources › Subtitle 8 - Baltimore County -- West Baltimore County Redevelopment Authority › Section 12-801 - Definitions

(a)    In this subtitle the following words have the meanings indicated.
(b)    “Authority” means the West Baltimore County Redevelopment Authority established under this subtitle.
(c)    “Bond” or “bonds” means revenue bonds or notes, including bond anticipation notes and notes in the nature of commercial paper, or other instruments, certificates, or evidences of obligation issued and sold or offered for sale by the redevelopment authority, including refunding obligations.
(d)    “Cost” means the cost or expense associated with:
(1)    all land, property, rights, easements, franchises, and licenses or interests therein deemed necessary for any undertaking authorized by this subtitle;
(2)    all labor, materials, machinery, furnishings, and equipment;
(3)    financing charges;
(4)    establishment of reserves;
(5)    interest prior to and during construction and for a reasonable period after completion of construction;
(6)    engineering, architectural, and legal services;
(7)    plans, specifications, surveys, estimates of costs and of revenues, and other expenses necessary or incident to determining the feasibility or practicality of any land or property acquisition or any development or redevelopment project;
(8)    administrative expenses;
(9)    letters or lines of credit, municipal bond insurance, or any other form of financial guaranty or surety;
(10)    working capital; and
(11)    other expenses as may be necessary or incidental to the acquisition of land or property, or the development or redevelopment, including the comprehensive renovation or rehabilitation, of land or property in accordance with this subtitle.
(e)    “County” means Baltimore County.
(f)    “West Baltimore County” means the geographic area of Baltimore County within the boundary line of Liberty Road in the north, Baltimore National Pike in the south, Rolling Road in the west, and the line between Baltimore County and Baltimore City in the east, along with all contiguous parcels for one block, except at the boundary line between Baltimore County and Baltimore City.