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§ 15-102. Legislative findings and purpose of title

West's Annotated Code of MarylandEconomic DevelopmentEffective: October 1, 2012

West's Annotated Code of Maryland
Economic Development (Refs & Annos)
Division II. Independent and Regional Development Units and Resources [Titles 9-End] (Refs & Annos)
Title 15. Baltimore City Community Enhancement Transit-Oriented Development Fund (Refs & Annos)
Effective: October 1, 2012
MD Code, Economic Development, § 15-102
§ 15-102. Legislative findings and purpose of title
Currentness
Legislative findings
(a) The General Assembly finds that:
(1) while State and privately funded transit-oriented development is paramount and necessary for the orderly economic development of the State, such development should be pursued in a manner that extends benefits to and minimizes negative impacts on the communities in and adjacent to the development;
(2) in order to preserve and enhance the State's diverse cultural fabric in communities affected by transit-oriented development, it is essential for the public and private sectors to cooperate in developing partnerships that aim to stabilize such communities;
(3) it is most fruitful to seek community input and involvement from organizations in areas affected by transit-oriented development in order to best address the physical, cultural, and economic impacts of the development; and
(4) fostering community-based initiatives for neighborhood stability and growth is in the public interest.
Purpose of title
(b) The purpose of this title is to promote and assist community-based initiatives that enhance neighborhood stability and economic growth in communities that are directly impacted by State- and privately funded transit-oriented development.

Credits

Added by Acts 2012, c. 654, § 1, eff. Oct. 1, 2012.
MD Code, Economic Development, § 15-102, MD ECON DEV § 15-102
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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