The Commission may not enter into an agreement with Prince George’s County to pay all or a portion of the property taxes levied by the county under §§ 18–304, 18–306, and 18–307 of this subtitle on the tax increment in an extraordinary development district in the county to the county for deposit into a special fund for an extraordinary development district under § 12–210 of the Economic Development Article until:
(1) the governing body of Prince George’s County has adopted a resolution designating the extraordinary development district; and
(2) the Commission has adopted a resolution approving the agreement.
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