Expedited Bill No.  11-10            

Concerning: Stormwater Management – Water Quality Protection Charge –Debt Service    

Revised:    3-22-10            Draft No. 1  

Introduced:      March 23, 2010              

Enacted:         May 19, 2010                 

Executive:       May 29, 2010                 

Effective:        May 29, 2010                 

Sunset Date:  None                             

Ch.   18    , Laws of Mont. Co.    2010    

County Council

For Montgomery County, Maryland

By: Council President at the Request of the County Executive

AN EXPEDITED ACT to:

(1)        authorize the County to pledge the water quality protection charge as security for certain debt obligations; and

(2)        generally amend County laws related to stormwater management.

By amending

            Montgomery County Code

            Chapter 19, Erosion, Sediment Control and Stormwater Management

            Section 19-35, Water Quality Protection Charge

Boldface Heading or defined term.

Underlining Added to existing law by original bill.

[Single boldface brackets] Deleted from existing law by original bill.

Double underlining Added by amendment.

[[Double boldface brackets]] Deleted from existing law or the bill by amendment.

*   *   *                                                  Existing law unaffected by bill.

The County Council for Montgomery County, Maryland approves the following Act:

Sec. 1.  Section 19-35 is amended as follows:

19-35. Water Quality Protection Charge.

          *        *        *

(f)      The Director must deposit funds raised by the Charge, and funds for this purpose from any other source, into a stormwater management fund.  Funds in the stormwater management fund may be applied and pledged to pay debt service on debt obligations to finance the construction and related expenses of stormwater management facilities as approved in the Capital Improvements Program.  [The] Funds in the stormwater management fund must only be [appropriated] used for:

(1)     construction, operation, financing, and maintenance of stormwater management facilities, and related expenses, including debt service payments related to construction and related expenses of stormwater management facilities;

          *        *        *

Sec. 2. Expedited Effective Date.

          The Council declares that this legislation is necessary for the immediate protection of the public interest.  This Act takes effect on the date when it becomes law.

Approved: