# § 27-1 Definitions.

Current through 2026-07-17. Source: City of Balt., Md., Ord. 26-129. Published by the Baltimore City Department of Legislative Reference.

## § 27-1 Definitions.

Balt., Md., Code art. 5, § 27-1 (2026)

(a) In this subtitle, the following terms have the meanings indicated.

(b) “Beneficiary” means any person who:

  (1) has a contract with the City for more than $300,000; or

  (2) will benefit from more than $5,000,000 in assistance for a City-subsidized project.

(c) “City-subsidized project” means any project for which the City or any of its agents or contractors provides funds, resources, or financial assistance, including:

  (1) the sale or transfer of land substantially below its appraised value;

  (2) payment in lieu of taxes;

  (3) tax increment financing;

  (4) grants or loans that equal or exceed 15% of total projected project costs; or

  (5) installation or repair of physical infrastructure directly related to the project and with value equal to or exceeding 5% of total projected project costs.

(d) “MOED” means the Mayor’s Office of Employment Development.

(e)

*History: Ord. 13-142*

*History: Ord. 22-125*