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2007 Laws of Maryland
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Ch.3
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10-507. RECOVERY OF STATE GRANT FUNDS.
(A) CONDITIONS.
THE STATE MAY RECOVER STATE GRANT FUNDS IF, WITHIN 15 YEARS AFTER
COMPLETION OF A PROJECT:
(1) THE PROJECT'S PROPERTY CEASES TO BE OPERATED AS A SENIOR
CITIZEN ACTIVITIES CENTER; OR
(2) AN INTEREST IN PROPERTY FOR WHICH FUNDS HAVE BEEN PAID
UNDER THE PROGRAM IS ASSIGNED, TRANSFERRED, OR CONVEYED:
(I) WITHOUT APPROVAL BY THE BOARD OF PUBLIC WORKS; OR
(II) FOR USE OTHER THAN AS A SENIOR CITIZEN ACTIVITIES
CENTER
(B) AMOUNT.
THE STATE IS ENTITLED TO RECOVER THE SUM OF:
(1) AN AMOUNT THAT EQUALS THE VALUE OF THE PROJECT PROPERTY
AT THE TIME OF THE RECOVERY MULTIPLIED BY A FRACTION:
(I) THE NUMERATOR OF WHICH IS THE AMOUNT OF THE STATE
FUNDS FOR THE PROJECT; AND
(II) THE DENOMINATOR OF WHICH IS THE TOTAL COST OF ALL
ELIGIBLE WORK FOR THE PROJECT; AND
(2) COSTS, INCLUDING REASONABLE ATTORNEYS' FEES THAT THE
STATE INCURS IN RECOVERY PROCEEDINGS.
REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 70B, § 30(a), (b), and (c).
In the introductory language of subsection (a) of this section, the former
phrase "[u]nder the conditions of subsection (b) of this section" is deleted as
surplusage.
In subsection (a)(1) of this section, the reference to the "project's property"
is substituted for the former reference to "property with respect to which
funds have been paid under this Program" for brevity and clarity.
In subsection (a)(2)(i) of this section, the former reference to "any person,
agency, or organization which has not been ... as transferee" is deleted for
brevity.
In subsection (b)(1) of this section, the reference to the value "at the time of
recovery" is substituted for the former reference to the "then current" value
for clarity.
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