PARRIS N. GLENDENING, Governor                                 Ch. 562

1.        DEDICATION OF A PORTION OF THE REAL PROPERTY FOR
PUBLIC USE;

2.        PROTECTION OF SENSITIVE AREAS;

3.        PRESERVATION AND RESTORATION OF HISTORIC
STRUCTURES; AND

4.        CONSTRUCTION OR FINANCING OF PUBLIC FACILITIES.
(2) AN AGREEMENT MAY:

(I)      FIX THE PERIOD IN AND TERMS BY WHICH DEVELOPMENT AND
CONSTRUCTION MAY COMMENCE OR BE COMPLETED; AND

(II)     PROVIDE FOR OTHER MATTERS CONSISTENT WITH THIS
ARTICLE.

(G) UNLESS OTHERWISE ESTABLISHED UNDER SUBSECTIONS (F)(1)(III) AND
(F)(2)(I) OF THIS SECTION OR EXTENDED BY AMENDMENT UNDER SUBSECTION (H)
OF THIS SECTION, AN AGREEMENT SHALL BE VOID 5 YEARS AFTER THE DAY ON
WHICH THE PARTIES EXECUTED THE AGREEMENT.

(H) (1) SUBJECT TO PARAGRAPH (2) OF THIS SUBSECTION AND AFTER A
PUBLIC HEARING, THE PARTIES TO AN AGREEMENT MAY AMEND THE AGREEMENT
BY MUTUAL CONSENT.

(2) THE PARTIES MAY NOT AMEND AN AGREEMENT, UNLESS THE
COMMISSION OF THE JURISDICTION DETERMINES WHETHER THE PROPOSED
AMENDMENT IS CONSISTENT WITH THE PLAN OF THE JURISDICTION.

(I) (1) THE PARTIES TO AN AGREEMENT MAY TERMINATE THE
AGREEMENT BY MUTUAL CONSENT.

(2) AFTER A PUBLIC HEARING, THE PUBLIC PRINCIPAL OR ITS
GOVERNING BODY MAY SUSPEND OR TERMINATE AN AGREEMENT IF THE PUBLIC
PRINCIPAL OR THE GOVERNING BODY DETERMINES THAT SUSPENSION OR
TERMINATION IS ESSENTIAL TO ENSURE THE PUBLIC HEALTH, SAFETY, OR
WELFARE.

(J) (1) EXCEPT AS PROVIDED IN PARAGRAPH (2) OF THIS SUBSECTION, THE
LAWS, RULES, REGULATIONS, AND POLICIES GOVERNING THE USE, DENSITY, OR
INTENSITY OF THE REAL PROPERTY SUBJECT TO THE AGREEMENT SHALL BE THE
LAWS, RULES, REGULATIONS, AND POLICIES IN FORCE AT THE TIME THE PARTIES
EXECUTE THE AGREEMENT.

(2) AN AGREEMENT MAY NOT PREVENT A LOCAL GOVERNMENT FROM
REQUIRING A PERSON TO COMPLY WITH THE LAWS, RULES, REGULATIONS, AND
POLICIES ENACTED AFTER THE DATE OF THE AGREEMENT, IF THE LOCAL
GOVERNMENT DETERMINES THAT IMPOSITION AND COMPLIANCE WITH THESE
LAWS AND REGULATIONS IS ESSENTIAL TO ENSURE THE PUBLIC HEALTH, SAFETY,
OR WELFARE OF RESIDENTS OF ALL OR PART OF THE JURISDICTION.

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