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Code · Maryland · Financial Institutions

§ 13-1113

234 words·~1 min read·/md/financial-institutions/13-1113

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§13–1113.
(a)As provided in the State budget, the Authority may award:
(1)Grants and loans to local jurisdictions or other appropriate entities for planning, design, acquisition, development, preservation, restoration, interpretation, marketing, and programming of certified heritage areas; and
(2)Grants to local jurisdictions or other appropriate entities to develop management plans in recognized heritage areas.
(b)A grant to develop a management plan may not exceed 50% of the cost of the management plan.
(c)An acquisition or development grant:
(1)May not be used for any purpose other than implementation of the certified heritage area in conformity with the approved management plan; and
(2)May not exceed 50% of the total project cost for which the grant is awarded.
(1)Subject to paragraph
(2)of this subsection, the Authority may make program grants to local jurisdictions and other appropriate entities:
(i)To develop and present interpretive exhibits, materials or other appropriate products to further the educational and recreational objectives of the certified heritage areas program; and
(ii)To encourage revitalization of, and reinvestment in, certified heritage area resources.
(2)A program grant made by the Authority under paragraph
(1)of this subsection may not exceed 50% of the estimated project cost.
(e)Through the resources of the members of the Authority and in cooperation with other State agencies, the Authority shall provide technical assistance to management entities implementing a management plan.
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