§ 12-611
303 words·~1 min read·
/md/economic-development/12-611A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§12–611.
(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.
(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.