Section 16-112 – Financial Report
(a) On or before November 30 each year, the Montgomery Commission shall issue a financial report for the previous fiscal year based on a certified audit. (b) The Montgomery Commission shall publish a summary of the financial report in at least two newspapers of general circulation in the county. (c) (1) On or before December 15 each year, the […]
Section 16-303 – Exclusive Representation of Bargaining Units
(a) (1) The Montgomery Commission shall recognize the right of an employee organization certified under this subtitle as the exclusive representative of a bargaining unit to represent the employees of the bargaining unit in collective bargaining and in the settlement of grievances. (2) If a single employee organization is certified to represent more than one bargaining unit, the […]
Section 16-113 – Audit
(a) The County Executive and County Council may require an audit of the books of the Montgomery Commission. (b) To perform the audit, the County Executive and County Council may choose: (1) an independent certified public accountant licensed by the State; or (2) a firm of certified public accountants licensed by the State. (c) The Montgomery Commission shall pay for […]
Section 16-304 – Labor Relations Administrator
(a) The exclusive representative or representatives and the Montgomery Commission shall appoint a labor relations administrator from a list of five nominees on whom they have agreed. (b) The term of the labor relations administrator is 5 years. (c) A labor relations administrator is eligible for reappointment.
Section 16-114 – Report of Certain Payment Data — Searchable Website
(a) (1) In this section the following words have the meanings indicated. (2) (i) “Payee” means a person that receives from the Montgomery Commission an aggregate payment of at least $25,000 in a single fiscal year. (ii) “Payee” does not include: 1. an employee of the Montgomery Commission with respect to the employee’s compensation; or 2. a retiree of the Montgomery Commission […]
Section 16-305 – Exclusive Representative to Submit Copy of Constitution or Bylaws
(a) An employee organization that is certified or that seeks certification as an exclusive representative shall submit to the labor relations administrator a copy of the employee organization’s constitution and bylaws and any amendment to them. (b) The constitution or bylaws shall include: (1) a pledge that the employee organization accepts members without regard to age, marital status, […]
Section 16-201 – Bonds Issued by Montgomery Commission
(a) Montgomery County may provide by local law for the county’s guarantee of the principal and interest on bonds that the Montgomery Commission issues: (1) to finance the acquisition, provision, development, or rehabilitation of housing at rental rates and prices not being offered in adequate quantity by the private sector; or (2) to finance wholly or partly: (i) mortgage […]
Section 16-202 – Terms and Conditions of Bond Guarantees
(a) (1) The Montgomery Commission shall meet the terms and conditions that the county government imposes in guaranteeing bonds issued under this subtitle and § 12-702 of this article. (2) If guaranteed revenue bonds are to finance the total cost of the housing, the Montgomery Commission shall meet any requirements that the county government imposes after the bonds […]
Section 16-203 – Bonds Subject to County Charter; Exceptions
(a) Except as provided in subsections (b) and (c) of this section, the bonds authorized to be guaranteed under this subtitle are subject to § 312 of the County Charter. (b) The bonds may be structured with: (1) substantially level debt service payments; and (2) interest-only payments during the projected period for construction or rehabilitation of the housing project […]
Section 16-204 – Montgomery Commission to Provide Information to County Executive
(a) (1) On determining to issue bonds, the Montgomery Commission shall provide to the County Executive information about the bonds and the housing projects benefiting from the bond proceeds. (2) The information shall include: (i) the terms and conditions of the bonds; (ii) an estimate of the bond interest rate and the basis for the estimate; (iii) the estimated timing and […]