Sec. 68C-1. Definitions.
Montgomery County, Md., Code § 68C-1 (2026)
Sec. 68C-1. Definitions.LinkCopy Citation
For purposes of this Chapter, the following terms have the meanings indicated:
Bond means a special obligation or revenue bond, note, or other similar instrument issued by the County that will be repaid from revenue generated by ad valorem taxes levied under this Chapter.
Cost means the cost of:
(1)
the construction, reconstruction, and renovation of any transportation infrastructure improvement, including the acquisition of any land, structure, real or personal property, right, right-of way, franchise, or easement, to provide a transportation infrastructure improvement for the District;
(2)
all machinery and equipment needed to expand or enhance a transportation infrastructure improvement for the District;
(3)
financing charges and debt service related to a transportation infrastructure improvement for the District, whether the charge or debt service is incurred before, during, or after construction of the transportation infrastructure improvement, including the cost of issuance, redemption premium (if any), and replenishment of debt service reserve funds for any bond that finances a transportation infrastructure improvement for the District;
(4)
reserves for principal and interest, the cost of bond insurance, and any other type of financial guarantee, including any credit or liquidity enhancement, related to a transportation infrastructure improvement for the District;
(5)
architectural, engineering, financial, and legal services related to providing a transportation infrastructure improvement for the District;
(6)
any plan, specification, study, survey, or estimate of costs and revenues related to providing a transportation infrastructure improvement for the District;
(7)
any administrative expense incurred by the County necessary or incident to determining whether to finance or implement a transportation infrastructure improvement for the District; and
(8)
any other expense incurred by the County necessary or incident to building, acquiring, or financing a transportation infrastructure improvement for the District.
District means the White Flint Special Taxing District created under Section 68C-2.
Redevelopment means new construction or an addition to an existing building on any commercial or residential property.
Transportation infrastructure improvement means:
(1)
the construction, rehabilitation, or reconstruction of a road, street, or highway that serves the District, including any:
(A)
right-of-way;
(B)
roadway surface;
(C)
roadway subgrade or shoulder;
(D)
median divider;
(E)
drainage facility or structure, including any related stormwater management facility or structure;
(F)
roadway cut or fill;
(G)
guardrail;
(H)
bridge;
(I)
highway grade separation structure;
(J)
tunnel;
(K)
overpass, underpass, or interchange;
(L)
entrance plaza, approach, or other structure that is an integral part of a street, road, or highway;
(M)
bicycle or walking path;
(N)
designated bus lane;
(O)
sidewalk or pedestrian plaza;
(P)
streetscaping and related infrastructure; including placing utilities underground; and
(Q)
other property acquired to construct, operate, or use a road, street, or highway; and
(2)
a transit facility that serves the needs of the District, including any:
(A)
track;
(B)
right-of-way;
(C)
bridge;
(D)
tunnel;
(E)
subway;
(F)
rolling stock;
(G)
station or terminal;
(H)
parking area;
(I)
related equipment, fixture, building, structure, or other real or personal property; and
(J)
service intended for use in connection with the operation of a transit facility, including rail, bus, motor vehicle, or other mode of transportation.