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§ 27-1 — Definitions

Baltimore City Code (current through Ord. 26-129 (July 17, 2026); publication of Oct. 18, 2026) · Baltimore City Code, Article 5, § 27-1

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§ 27-1. Definitions.

(a) In general. In this subtitle, the following terms have the meanings indicated. (b) Beneficiary. “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. “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. “MOED” means the Mayor’s Office of Employment Development. (e) {Repealed}

(Ord. 22-125; Ord. 13-142.)