(a) Generally. The County Council, by ordinance, may amend, modify, or dissolve an existing special community benefit district.
(b) Requirements. The County Council may amend or modify the purposes of any district if it determines that an emergency exists and that immediate action is required to permit a district to abate the emergency. Otherwise, an existing district may not be amended, modified, or dissolved unless a petition is signed by the owners of a majority of the properties in the existing district whose property will be affected by the amendment, modification, or dissolution of the district.
(c) Adding area to the district. Where a proposed amendment will have the effect of adding a new area to an existing district, the petition shall be signed by the owners of a majority of the properties in the new area as well as by the owners of a majority of the properties in the existing district.
(d) Contracts and outstanding obligations. The County Council may not make an amendment or modification to an existing district, or dissolve an existing district if the effect of the amendment, modification, or dissolution is to impair an outstanding obligation of the district or a contract to which the district is a party or a beneficiary.
(e) Dissolution. An ordinance dissolving an existing special community benefit district shall provide for an equitable division of assets belonging to the district among the persons who own property in the district on the effective date of the ordinance dissolving the district. Unencumbered and unexpended funds remaining in the district account on the effective date of the ordinance dissolving the district shall be distributed to the current property owners of the district proportionately on the same basis as the special community benefit tax was most recently collected.
(1985 Code, Art. 6, § 2-109) (Bill No. 9-90)