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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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LOCAL GOVERNMENT |
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DIVISION IV. LOCAL FINANCE |
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TITLE 21. SPECIAL TAXING DISTRICTS |
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SUBTITLE 4. MUNICIPAL SPECIAL TAXING DISTRICTS |
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PART I. MUNICIPAL SPECIAL TAXING DISTRICTS FOR FINANCING IMPROVEMENT AND OPERATION OF SPECIFIED FACILITIES |
§ 21-402. Purpose of authority
Latest version.
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The purpose of the authority granted under this part is to:
(1) finance the establishment, acquisition, design, construction, alteration, improvement, extension, operation, and maintenance of:
(i) adequate storm drainage systems;
(ii) public parking facilities;
(iii) pedestrian malls;
(iv) street and area lighting; and
(v) ride sharing and bus systems;
(2) finance the capital and operating costs to enhance police, fire protection, and rescue services; and
(3) provide financing for commercial district management authorities established under § 5-214(b) of this article.