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Ch. 177 2000 LAWS OF MARYLAND
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Article 24 - Political Subdivisions - Miscellaneous Provisions
9-1301.
(a) (1) In this section the following words have the meanings indicated.
(2) "Bond" means a special obligation bond, revenue bond, note, or other
similar instrument issued by the county in accordance with this section.
(3) "Cost" includes the cost of:
(i) Construction, reconstruction, and renovation, and acquisition of
all lands, structures, real or personal property, rights, rights-of-way, franchises,
easements, and interests acquired or to be acquired by the county;
(ii) All machinery and equipment including machinery and
equipment needed to expand or enhance county services to the special taxing district;
(iii) Financing charges and interest prior to and during
construction, and, if deemed advisable by the county, for a limited period after
completion of the construction, interest and reserves for principal and interest,
including costs of municipal bond insurance and any other type of financial guaranty
and costs of issuance;
(iv) Extensions, enlargements, additions, and improvements;
(v) Architectural, engineering, financial, and legal services;
(vi) Plans, specifications, studies, surveys, and estimates of cost and
of revenues;
(vii) Administrative expenses necessary or incident to determining
to proceed with the infrastructure improvements; and
(viii) Other expenses as may be necessary or incident to the
construction, acquisition, and financing of the infrastructure improvements.
(b) This section applies only to Anne Arundel County, CALVERT COUNTY,
Charles County, Garrett County, Howard County, Prince George's County,
Washington County, and Wicomico County.
(c) (1) Subject to the provisions of this section, and for the purpose stated in
paragraph (2) of this subsection, the county may:
(i) Create a special taxing district;
(ii) Levy ad valorem or special taxes; and
(iii) Issue bonds and other obligations.
(2) The purpose of the authority granted under paragraph (1) of this
subsection is to provide financing, refinancing, or reimbursement for the cost of the
design, construction, establishment, extension, alteration, or acquisition of adequate
storm drainage systems, sewers, water systems, roads, bridges, culverts, tunnels,
streets, sidewalks, lighting, parking, parks and recreation facilities, libraries, schools,
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