Notwithstanding the exemption from property tax under § 7–251 of this title, The Hagerstown Multi–Use Sports and Events Facility, Inc. may pay to the governing body of Washington County or the City of Hagerstown an amount, if any, that may be set by mutual agreement in lieu of the taxes that would otherwise be due on all or part of the facility.
Md. Code Ann., Tax-Prop. § 7-524
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.