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2017 Maryland Code
Economic Development
Division II - Independent and Regional Development Units and Resources
Title 12 - Local Development Authorities and Resources
Subtitle 6 - Montgomery County -- Business Improvement Districts.
§ 12-611. Expansion of district.
Universal Citation: MD Econ Dev Code § 12-611 (2017)
- (a) By established district. -- 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) a petition for inclusion is submitted from:
- (b) By condominium or cooperative housing corporation. --
- (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.
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