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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) Subject to subsections (b) and (c) of this section, in order to accomplish the purposes of this subtitle, the Council may use any money available to it to finance the purchase or lease of property only by:
(1) one or more of the following Southern Maryland counties:
(i) Anne Arundel County;
(ii) Calvert County;
(iii) Charles County;
(iv) Prince George's County; and
(v) St. Mary's County;
(2) the Maryland Food Center Authority; or
(3) another entity, as determined by the Council, that is authorized to finance or purchase property.
(b) If the Council determines that money should be used to finance the purchase or lease of property under subsection (a) of this section, the Council, in accordance with State procurement law, shall:
(1) prepare and issue a request for proposals;
(2) evaluate responses to the request; and
(3) select an entity to purchase or lease property.
(c)(1) Except as provided in paragraph (2) of this subsection, the Council may not own or lease property.
(2) The Council may lease office space for its own use.
Cite this article: FindLaw.com - Maryland Code, Economic Development § 13-612.1 - last updated January 01, 2025 | https://codes.findlaw.com/md/economic-development/md-code-econ-dev-sect-13-612-1/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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