|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PARRIS N. GLENDENING, Governor
|
|
|
|
|
|
Ch. 264
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(D) THE LOCAL GOVERNING BODY MAY ADOPT REGULATIONS TO IMPLEMENT
A LOCAL LAND PRESERVATION PROGRAM UNDER THIS SUBTITLE, INCLUDING
PROCEDURES FOR EXPEDITING ACQUISITIONS AND PURCHASING AND SELLING
TRANSFERABLE DEVELOPMENT RIGHTS AND USING THE PROCEEDS RELATED TO
PURCHASING AND SELLING TRANSFERABLE DEVELOPMENT RIGHTS IN
ACCORDANCE WITH LOCAL LAW.
(E) (I) THE LOCAL GOVERNING BODY SHALL ESTABLISH A METHOD
ACCEPTABLE TO THE DEPARTMENT FOR APPRAISING THE VALUE OF CONSERVATION
EASEMENTS ACQUIRED UNDER THIS SUBTITLE. THE LOCAL GOVERNING BODY
SHALL USE THE METHOD USED BY THE COUNTY UNDER PROGRAM OPEN SPACE FOR
APPRAISING FEE SIMPLE INTERESTS IN PROPERTY ACQUIRED UNDER THIS
SUBTITLE.
(2) ANY METHOD FOR APPRAISAL ESTABLISHED BY A LOCAL
GOVERNING BODY MAY NOT INCLUDE A VALUE FOR ANY RESOURCE USED OR
RESERVED BY THE OWNER FOR PRIVATE ECONOMIC BENEFIT.
(F) A LOCAL GOVERNING BODY MAY ENTER INTO AGREEMENTS WITH OTHER
GOVERNMENTAL UNITS, INCLUDING THE RURAL LEGACY BOARD, THE MARYLAND
AGRICULTURAL LAND PRESERVATION FOUNDATION, AND THE MARYLAND
ENVIRONMENTAL TRUST, FOR THE PURPOSE OF ESTABLISHING PARTNERSHIPS TO
CARRY OUT A LOCAL LAND PRESERVATION PROGRAM.
5-9B-03.
(A) THE SPONSOR SHALL SUBMIT APPLICATIONS TO APPROPRIATE STATE
AND LOCAL UNITS AND CONSIDER ANY RECOMMENDATIONS MADE REGARDING THE
APPLICATIONS.
(B) AN EASEMENT ACQUIRED UNDER THIS SUBTITLE IS PERPETUAL AND MAY
NOT BE EXTINGUISHED OR RELEASED.
(C) (1) IN A COUNTY WITH A LOCALLY ADOPTED TRANSFERABLE
DEVELOPMENT RIGHTS PROGRAM AND WITH THE APPROVAL OF THE COUNTY,
FUNDS UNDER A PROGRAM MAY BE USED TO PURCHASE TRANSFERABLE
DEVELOPMENT RIGHTS IN THE COUNTY IN ACCORDANCE WITH THE LOCALLY
ADOPTED TRANSFERABLE DEVELOPMENT RIGHTS PROGRAM.
(2) THE RIGHT TO RESELL THE DEVELOPMENT RIGHT, IF ANY, SHALL BE
STATED IN THE INSTRUMENT OF PURCHASE.
(3) TRANSFERABLE DEVELOPMENT RIGHTS MAY BE RESOLD ONLY TO
OWNERS OR OPTION PURCHASERS OF REAL PROPERTY LOCATED IN PRIORITY
FUNDING AREAS, INCLUDING MUNICIPAL CORPORATIONS, WITHIN THE COUNTY IN
WHICH THE RIGHTS WERE PURCHASED.
CD) ALL EASEMENT ACQUISITIONS MUST BE RECORDED AMONG THE LAND
RECORDS WHERE THE REAL PROPERTY IS LOCATED.
|
|
|
|
|
|
|
|
|
|
- 2051 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
