LegalFix
Sign In

§ 3-2A-07. Considerations and prerequisites for grants

MD Nat Res Code § 3-2A-07 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(a)    In making grants under this subtitle, the Trust shall give consideration to:

(1)    The amount of funds contributed to the project by the land trust as a match against the grant;

(2)    The amount of funds contributed to the project by parties other than the land trust or the Trust;

(3)    The natural resource, open space, or recreational value of the project;

(4)    Geographic distribution;

(5)    The degree of development pressure in the area; and

(6)    Whether the grant will be reimbursed to the Land Trust Grant Fund, as provided by § 3-2A-08 of this subtitle.

(b)    The Trust may not make a grant under this subtitle to a land trust unless the land trust:

(1)    Contributes an amount not less than 15% of the amount of the grant as a match; or

(2)    Agrees to resell the property to the Department or a local governing body as provided by § 5-903 or § 5-905 of this article.

Previous Section
§ 3-2A-06. Applications for grants
Next Section
§ 3-2A-08. Property of land trust