Maryland Statutes

§ 12-411

Maryland·Article glg Local Government·Title 12
(a)(1) Notwithstanding any other provision of law, the County Commissioners of Somerset County may enter into a lease purchase agreement and related financing agreements to obtain property for a public purpose in the county.
(2)The county commissioners shall solicit bids in at least two newspapers of general circulation in the county before entering into a lease purchase agreement.
(3)If the county commissioners enter into a multiyear lease purchase agreement or related financing agreement, the agreement shall be subject to cancellation by the county commissioners at the end of a fiscal year if sufficient money is not appropriated to fund the agreement in the subsequent fiscal year.
(b)(1) The County Commissioners of Somerset County may sell any

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Nearby Sections

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§ 12-101
§ 12-101
§ 12-102
§ 12-102
§ 12-103
§ 12-103
§ 12-104
§ 12-104
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§ 12-105
§ 12-106
§ 12-106
§ 12-107
§ 12-107
§ 12-108
§ 12-108
§ 12-109
§ 12-109
§ 12-201
§ 12-201
§ 12-202
§ 12-202
§ 12-203
§ 12-203
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§ 12-204
§ 12-205
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