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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 5. DISTRICTS FOR INFRASTRUCTURE IMPROVEMENTS FOR SELECTED COUNTIES |
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PART II. SPECIAL PROVISIONS APPLICABLE TO INDIVIDUAL COUNTIES |
§ 21-520. Cecil County
Latest version.
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(a) Where authority may be exercised. -- Cecil County may exercise the authority granted under this subtitle only in a designated growth area as defined in the county comprehensive plan.
(b) Public hearing. --
(1) The governing body of Cecil County shall hold at least one public hearing on a bill establishing a special taxing district.
(2) At the public hearing, the governing body may consider the following elements of a proposed development that would receive the proceeds of a bond:
(i) development design standards;
(ii) the use of transfer of development rights or other methods of increasing the density of development;
(iii) design and use of open space; and
(iv) availability and design of recreational and educational facilities.
(c) Adequate debt service reserve funds. -- A law enacted by Cecil County under this subtitle shall require that adequate debt service reserve funds be maintained.
(d) Petition of all owners required. -- Notwithstanding § 21-503(c) of this subtitle, before Cecil County may establish a special taxing district, all of the owners of real property in the proposed special taxing district shall petition the county to establish the special taxing district.