1. (a)

   1. (1) In this section the following words have the meanings indicated.
   2. (2) “Hippodrome Performing Arts Center facility” means the Hippodrome Performing Arts facility as defined in § 10-601 of the Economic Development Article.
   3. (3) “Hippodrome Performing Arts Center site” means the Hippodrome Performing Arts site as defined in § 10-601 of the Economic Development Article.

2. (b) The Hippodrome Performing Arts Center site and the Hippodrome Performing Arts Center facility are subject to property taxes unless:

   1. (1) such properties are used principally as a performing arts center; and
   2. (2) the owner of such properties and the Baltimore City Board of Estimates agree on a payment that the owner shall make to Baltimore City in lieu of Baltimore City real property taxes.

Added by Acts 2000, c. 186, § 1, eff. July 1, 2000. Amended by Acts 2008, c. 307, § 1, eff. Oct. 1, 2008.