Current with changes from the 2024 Legislative Session
Section 3-2A-07 - Considerations and prerequisites for grants(a) In making grants under this subtitle, the Trust shall give consideration to: (1) The amount of funds contributed to the project by the land trust as a match against the grant;(2) The amount of funds contributed to the project by parties other than the land trust or the Trust;(3) The natural resource, open space, or recreational value of the project;(4) Geographic distribution;(5) The degree of development pressure in the area; and(6) Whether the grant will be reimbursed to the Land Trust Grant Fund, as provided by § 3-2A-08 of this subtitle.(b) The Trust may not make a grant under this subtitle to a land trust unless the land trust: (1) Contributes an amount not less than 15% of the amount of the grant as a match; or(2) Agrees to resell the property to the Department or a local governing body as provided by § 5-903 or § 5-905 of this article.