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County Council Live - May 20, 2019
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Bill 90-17

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

Legislative Day 42
Introduced by by Mr. Grasso Chairman (by request of the County Executive) and Mr. Walker
FOR the purpose of obligating the County to levy the special tax known as the shore erosion control assessment on the Cedarhurst-on-the-Bay Shore Erosion Control District in an amount sufficient to repay a loan from Sandy Spring Bank to the Cedarhurst Citizens Association, Inc., in each of ten (10) fiscal years during the term of the loan.
Introduced: 11/6/2017
Passed: 12/4/2017