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§ 22-101. Definitions

West's Annotated Code of MarylandLocal GovernmentEffective: July 1, 2020

West's Annotated Code of Maryland
Local Government (Refs & Annos)
Division IV. Local Finance [Titles 16-23] (Refs & Annos)
Title 22. Resilience Infrastructure (Refs & Annos)
Effective: July 1, 2020
MD Code, Local Government, § 22-101
§ 22-101. Definitions
Currentness
In general
(a) In this title the following words have the meanings indicated.
Bond
(b)(1) “Bond” means an obligation for the payment of money, by whatever name known or source of funds secured, issued by a local government or Resilience Authority under State and local general or special statutory authority.
(2) “Bond” includes a refunding bond, a note, and any other obligation.
Capital costs
(c) “Capital costs” means costs incurred for acquisition, planning, design, construction, repair, renovation, reconstruction, expansion, site improvement, and capital equipping.
Chief executive
(d) “Chief executive” means the president, the chair, the mayor, the county executive, or any other chief executive officer or head of a local government.
Climate change
(e) “Climate change” includes sea level rise, nuisance flooding, increased rainfall events, erosion, and temperature rise.
Local government
(f) “Local government” means a county or municipality.
Resilience Authority
(g) “Resilience Authority” means an authority incorporated by one or more local governments in accordance with this title whose purpose is to undertake or support resilience infrastructure projects.
Resilience infrastructure
(h)(1) “Resilience infrastructure” means infrastructure that mitigates the effects of climate change.
(2) “Resilience infrastructure” includes flood barriers, green spaces, building elevation, and stormwater infrastructure.
Resilience infrastructure project
(i) “Resilience infrastructure project” means a project to finance or refinance the capital costs associated with resilience infrastructure.

Credits

Added by Acts 2020, c. 235, § 1, eff. July 1, 2020; Acts 2020, c. 236, § 1, eff. July 1, 2020.
MD Code, Local Government, § 22-101, MD LOCAL GOVT § 22-101
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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