Md. Code, Econ. Dev. § 12-611

Current with changes from the 2024 Legislative Session
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.

Md. Code, EC § 12-611

Amended without change by 2022 Md. Laws, Ch. 283,Sec. 1, eff. 7/1/2022.
Added by 2017 Md. Laws, Ch. 444,Sec. 1, eff. 10/1/2017.