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3400
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Ch. 883
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LAWS OF MARYLAND
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PERCENT OF THE VALUE OF THE EASEMENT FOR EACH SUCH
PURCHASE.
(4) "ALLOTTED PURCHASES" MEANS GENERAL OR
MATCHING PURCHASES MADE PURSUANT TO OFFERS TO BUY
TENDERED BY THE BOARD FOUNDATION ON OR BEFORE JANUARY 31
OF ANY FISCAL YEAR.
(5) "COUNTY" MEANS ANY COUNTY CONTAINING
PRODUCTIVE AGRICULTURAL LAND WHICH IS BEING ACTIVELY
FARMED AND WHICH MEETS THE CRITERIA FOR LAND WHICH
EASEMENTS MAY BE PURCHASED.
(6) "ELIGIBLE COUNTY" MEANS A COUNTY AS
DEFINED IN (5) WHICH HAS SECURED APPROVAL FROM THE
FOUNDATION FOR A LOCAL AGRICULTURAL LAND PRESERVATION
PROGRAM.
(B) BEGINNING WITH FISCAL YEAR 1979, AND IN EACH
FISCAL YEAR THEREAFTER, THE BOARD FOUNDATION SHALL
DETERMINE THE MAXIMUM AMOUNT WHICH MAY BE EXPENDED FOR
ALLOTTED PURCHASES OF EASEMENTS ON LAND LOCATED WITHIN
EACH COUNTY. THE MAXIMUM AMOUNT WHICH MAY BE EXPENDED
FOR ALLOTTED PURCHASES OF EASEMENTS IN ANY COUNTY IN ANY
FISCAL YEAR SHALL BE:
(1) AN AMOUNT, TO BE USED FOR GENERAL
ALLOTTED PURCHASES, EQUAL TO ONE TWENTY-THIRD OF ONE HALF
OF THE TOTAL AMOUNT TO BE ALLOTTED; AND
(2) AN AMOUNT, TO BE USED FOR MATCHING
ALLOTTED PURCHASES, WHICH SHALL BE COMPUTED FOR EACH
ELIGIBLE COUNTY BY DIVIDING ONE-HALF OF THE TOTAL AMOUNT
TO BE ALLOTTED EQUALLY AMONG THOSE COUNTIES HAVING AN
APPROVED PROGRAM. THE MAXIMUM AMOUNT AVAILABLE FROM THE
FOUNDATION FOR THE FOUNDATION'S SHARE IN MATCHING
ALLOTTED PURCHASES MAY NOT EXCEED $1-MILLION IN ANY
COUNTY IN ANY FISCAL YEAR.
(C) IF THE BOARD FOUNDATION RECEIVES ACCEPTANCES
OF OFFERS TO BUY IN INSUFFICIENT NUMBERS TO EXPEND THE
TOTAL AMOUNT TO BE ALLOTTED FOR ALLOTTED PURCHASES, THE
BOARD FOUNDATION , TO THE EXTENT FEASIBLE, SHALL TENDER
ADDITIONAL OFFERS TO BUY IN SUFFICIENT NUMBERS TO EXPEND
THE TOTAL AMOUNT TO BE ALLOTTED. ANY SUCH ADDITIONAL
OFFERS TO BUY SHALL BE TENDERED:
(1) TO LANDOWNERS WHO HAVE APPLIED TO SELL
EASEMENTS ON LAND WHICH WAS OTHERWISE ACCEPTABLE, BUT WHO
HAD NOT RECEIVED AN OFFER TO BUY SOLELY BECAUSE OF
LIMITATIONS ON THE AMOUNT OF MONEY TO BE SPENT FOR
ALLOTTED PURCHASES;
(2) TO APPLICANTS ON A STATEWIDE BASIS IN
DECREASING ORDER WITH RESPECT TO THE PER ACRE
PROPORTIONATE DIFFERENCE BETWEEN THE ASKING PRICE, AND
THE FAIR MARKET VALUE LESS THE AGRICULTURAL VALUE OF THE
SUBJECT LAND PROPORTION OBTAINED BY DIVIDING THE FAIR
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