Ch. 562                                        1995 LAWS OF MARYLAND

(I)      EXECUTE AGREEMENTS FOR REAL PROPERTY LOCATED
WITHIN JURISDICTION OF THE GOVERNING BODY WITH A PERSON HAVING A LEGAL
OR EQUITABLE INTEREST IN THE REAL PROPERTY; AND

(II)     INCLUDE A FEDERAL, STATE, OR LOCAL GOVERNMENT OR
UNIT AS AN ADDITIONAL PARTY TO THE AGREEMENT.

(C) BEFORE ENTERING AN AGREEMENT, A PERSON HAVING A LEGAL OR
EQUITABLE INTEREST IN REAL PROPERTY OR THE REPRESENTATIVE OF A PERSON
HAVING A LEGAL OR EQUITABLE INTEREST IN REAL PROPERTY SHALL PETITION TO
THE PUBLIC PRINCIPAL OF THE JURISDICTION IN WHICH THE PROPERTY IS
LOCATED.

(D)(1) AFTER RECEIVING A PETITION AND BEFORE ENTERING AN
AGREEMENT, THE PUBLIC PRINCIPAL SHALL CONDUCT A PUBLIC HEARING.

(2) IF A PUBLIC HEARING IS ALREADY REQUIRED FOR APPROVAL OF
THE DEVELOPMENT, THAT PUBLIC HEARING MAY SATISFY THE PUBLIC HEARING
PROVISIONS UNDER PARAGRAPH (1) OF THIS SUBSECTION.

(E)     THE PUBLIC PRINCIPAL OF A JURISDICTION MAY NOT ENTER AN
AGREEMENT UNLESS THE COMMISSION OF THE JURISDICTION DETERMINES
WHETHER THE PROPOSED AGREEMENT IS CONSISTENT WITH THE PLAN OF THE
JURISDICTION.

(F)      (1) AN AGREEMENT SHALL INCLUDE:

(I)       A LEGAL DESCRIPTION OF THE REAL PROPERTY SUBJECT TO
THE AGREEMENT;

(II)     THE NAMES OF THE PERSONS HAVING A LEGAL OR EQUITABLE
INTEREST IN THE REAL PROPERTY SUBJECT TO THE AGREEMENT;.

(III)   THE DURATION OF THE AGREEMENT;

(IV)    THE PERMISSIBLE USES OF THE REAL PROPERTY;

(V)     THE DENSITY OR INTENSITY OF USE;

(VI)    THE MAXIMUM HEIGHT AND SIZE OF STRUCTURES;

(VII)  A DESCRIPTION OF THE PERMITS REQUIRED OR ALREADY
APPROVED FOR THE DEVELOPMENT OF THE REAL PROPERTY;

(VIII)    A STATEMENT THAT THE PROPOSED DEVELOPMENT IS
CONSISTENT WITH THE PLAN AND DEVELOPMENT REGULATIONS OF THE
JURISDICTION;

(IX)    A DESCRIPTION OF THE CONDITIONS, TERMS, RESTRICTIONS,
OR OTHER REQUIREMENTS DETERMINED BY THE GOVERNING BODY OF THE
JURISDICTION AS NECESSARY TO ENSURE THE PUBLIC HEALTH, SAFETY, OR
WELFARE; AND

(X)     TO THE EXTENT APPLICABLE, PROVISIONS FOR THE:
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