Expedited Bill No. =26
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Concerning: Parking Lot Districts ­
Transfer of Funds
Revised:
4/30/14
Draft No. 3
Introduced:
May 6, 2014
May 22, 2014
Enacted:
May 28, 2014
Executive:
Effective:
July 1,2014
Sunset Date:
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Ch.
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Laws of Mont. Co.
2014
COUNTY COUNCIL
FOR MONTGOMERY COUNTY, MARYLAND
By: Councilmembers Berliner, Branson, Floreen and Riemer
AN EXPEDITED ACT
to:
(1)
authorize the transfer of certain funds from one parking lot district to another; and
(2)
generally amend the law governing parking lot districts.
By amending
Montgomery County Code
Chapter 60, Silver Spring, Bethesda, Wheaton and Montgomery Hills Parking Lot
Districts
Section 60-16, Purpose of parking lot funds
Boldface
Underlining
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Heading or defined term.
Added to existing law by original bill.
Deletedfrom existing law by original bill.
Added by amendment.
Deletedfrom existing law or the bill by amendment.
Existing law unaffected
by bill.
The County Council for Montgomery County, Maryland approves the following Act:
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ExPEDITED BILL
No. 26-14
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Sec. 1.
Section 60-16 is amended as follows:
60-16.
Purpose of parking lot funds.
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Notwithstanding the limits in subsection
.cru
or
(hl
or any other
provision of this Chapter, the County Council may authorize
the transfer of revenue from parking fees collected in
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parking
lot district in any fiscal year to temporarily fund the operations
of another parking lot district.
In
this subsection, "parking fee"
means revenue from parking meters, parking permits, or any
other user charge for parking.
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The Council must approve any transfer under this subsection in
the resolution approving the district's annual operating budget
or in
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separate resolution.
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Each transfer of funds must be
Each
conditioned on
reasonable repayment agreement.
authorizing resolution must specify:
!A}
the purposes for which the transferred funds may be
used; and
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.all
Sec. 2.
the terms of repayment to the originating parking lot
district.
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Expedited Effective Date.
The Council declares that this
legislation is necessary for the immediate protection of the public interest. This
Act takes effect on July 1, 2014, and applies to any fiscal year that begins on or
after that date.
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ExPEDITED
BILL
No. 26-14
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Approved:
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Date
Approved:
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This is a correct copy ofCouncil action.
ate
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Lincta M. Lauer, Clerk of the Council
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Date
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