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§ 12-403. Adoption of local law to create business improvement district.

MD Econ Dev Code § 12-403 (2019) (N/A)
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(a)    Subject to a public hearing under § 12–408 of this subtitle and to accomplish one or more of the legislative purposes listed in § 12–402 of this subtitle, the legislative body of a county or municipal corporation may adopt a local law to create a business improvement district in accordance with this subtitle.

(b)    Subsection (a) of this section is self–executing and fully authorizes a county or municipal corporation to establish a district, notwithstanding any other statutory or charter provision.

(c)    A local law adopted under subsection (a) of this section shall include:

(1)    the name of the district corporation;

(2)    that the district corporation is formed under this subtitle;

(3)    the names, addresses, and terms of office of the initial members of the board of directors of the district corporation;

(4)    the address of the principal office of the district corporation;

(5)    the purposes for which the district is formed;

(6)    the powers of the district, subject to the limitations on the powers of districts under this subtitle; and

(7)    if applicable, articles of incorporation of the district corporation.

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