In this subtitle, “urban renewal authority”: means a unit of government that is engaged in urban renewal activity; and includes: the State; Montgomery County; Prince George’s County; and any unit of government in Montgomery County or Prince George’s County.

If the Commission is paid or assured payment by an urban renewal authority for the Commission’s costs and expenditures in accordance with this subtitle, the Commission may cooperate with and assist the urban renewal authority in an urban renewal project undertaken by the urban renewal authority by abandoning, relocating, installing, constructing, or reconstructing water or sanitary sewer facilities in the urban renewal area.

If an urban renewal project or an act of the General Assembly that provides for an urban renewal program requires or results in the abandonment, relocation, realignment, raising, lowering, rebuilding, or removal of any water or sanitary sewer facility of the Commission, the urban renewal authority shall pay to the Commission the entire cost less any salvage value from the old facility. An urban renewal authority may not allow any Commission structure to be removed, abandoned, or damaged in connection with an urban renewal project until: the urban renewal authority has paid the Commission; or payment to the Commission has been assured to the Commission’s satisfaction, in accordance with this subtitle. If an urban renewal project requires the construction of a new water or sanitary sewer facility by the Commission, the Commission may: construct the facility if: the costs of the construction will be repaid through existing provisions for special assessments, including front foot benefit charges; or the payment is made or assured by the urban renewal authority; and enter into agreements with an urban renewal authority providing for payment to the Commission over a period of time, with the terms of the contract and rate of interest determined by the Commission.