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Maryland Manual, 1969-70
Volume 174, Page 721   View pdf image (33K)
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MARYLAND MANUAL 721
to protect the interests of the corporation therein. Any lien
held by the Authority on property shall be a lien superior
to all other liens on the property except liens for taxes owed
to the State of Maryland or any subdivision thereof and
earlier mortgage liens.
(k) To employ officers, agents and employees, prescribe
their duties and qualifications and fix their compensation,
subject to the approval of the Secretary of the State depart-
ment which will embrace the areas of housing, community,
and industrial development, if said department is estab-
lished in the State of Maryland as previously referred to.
All employees, except those appointed by the Governor shall
be employed in accordance with the provisions of Merit
System laws of Maryland as the same may from time to
time be amended.
(1) To contract for and to accept any gifts or grants or
loans of funds or property or financial or other aid in any
form from the Federal government or any agency or instru-
mentality thereof, or from the State or any agency or in-
strumentality thereof, or from any source and to comply,
subject to the provisions of this Act, with the terms and
conditions thereof.
(m) Enter into agreements to pay annual sums in lieu
of assessments or charges (other than property taxes) to
any municipality, county, or other subdivision of the State
in respect of any real property which is owned by the
Authority and located in such municipality, county, or sub-
division. During the time that any property is held by the
Authority, prior to the same being sold, mortgaged, or
leased as herein provided, said property of the Authority
shall be exempt from all State, municipal, county or other
local property taxes in any manner whatsoever.
(n) Do all acts and things necessary or convenient to
carry out the powers expressly granted in this subtitle;
provided, however, that in all matters concerning the inter-
nal administrative functions of the Authority the purchas-
ing procedures of the State relating to office space, supplies,
facilities, materials, equipment, and professional services
shall be followed.
6. Findings
No funds of the Authority shall be used in respect of the
planning and development of any residential development
unless the Authority makes a finding that there exists, in
the area in which the development is to be located, a need

 
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Maryland Manual, 1969-70
Volume 174, Page 721   View pdf image (33K)
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