|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ch. 443
|
|
2005 LAWS OF MARYLAND
|
|
|
|
|
|
|
|
|
local level which have a useful
life of at least 15 years and a
cost in excess of $50,000, subject
to section (b)(i) and (b)(ii)
below:
(i) $5,160,000 shall be allocated
to Baltimore City; and
(ii) $20,640,000 shall be
allocated to the counties
according to the
distribution formula
enumerated under Section
8-404 of the Transportation
Article.
Further provided that any
municipality authorized by
law to construct or maintain
streets or roads may request
a share of the $20,640,000
one-time grant from the
Administration, subject to
the requirement that
requests must be for
transportation
capital-related projects at
the local level that have a
useful life of at least 15 years
and a cost in excess of
$50,000. The request shall be
made in writing before the
start of fiscal 2006. If the
request is approved by the
Administration, the
Administration shall
allocate funds to the
municipality according to
the distribution formula
enumerated under Section
8-405 of the Transportation
Article,
(2) Further provided that if the net
special fund revenues to the
Transportation Trust Fund,
excluding fund transfers, bond
proceeds, bond premiums, and
- 2144 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
