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Bill 96-21

AN ORDINANCE concerning: Cedarhurst-on-the-Bay Shore Erosion Control District – Approval of Loan and Assignment Agreement

Legislative Day 21
Introduced by Ms. Lacey, Chair (by request of the County Executive)
FOR the purpose of obligating the County to levy the special tax known as the shore erosion control district assessment on the Cedarhurst-on-the-Bay Shore Erosion Control District in an amount sufficient to repay a loan from Severn Savings Bank to the Cedarhurst Citizens Association, Inc., in each of up to six (6) fiscal years during the term of the loan.
Introduced: 11/1/2021
Amended: 12/6/2021
Passed: 12/20/2021