Section 7-504.4 - Hippodrome Performing Arts Center. - Maryland Statutes

§ 7-504.4. Hippodrome Performing Arts Center.
 

(a)  Definitions.-  

(1) In this section the following words have the meanings indicated. 

(2) "Hippodrome Performing Arts Center site" means the Hippodrome Performing Arts site as defined in § 10-601 of the Economic Development Article. 

(3) "Hippodrome Performing Arts Center facility" means the Hippodrome Performing Arts facility as defined in § 10-601 of the Economic Development Article. 

(b)  Requirements for exemption.- The Hippodrome Performing Arts Center site and the Hippodrome Performing Arts Center facility are subject to property taxes unless: 

(1) such properties are used principally as a performing arts center; and 

(2) the owner of such properties and the Baltimore City Board of Estimates agree on a payment that the owner shall make to Baltimore City in lieu of Baltimore City real property taxes. 
 

[2000, ch. 186; 2008, ch. 307, § 1.]