1090 LAWS OF MARYLAND. [€H. 863

months after completion of construction, cost of engineering,
architectural and legal services, plans, specifications, surveys,
estimates of cost and of revenues, other expenses necessary
or incident to determining the feasibility or practicability of
such construction, administrative expense and such other ex-
penses as may be necessary or incident to the financing herein
authorized and the construction and establishment of the
Market, including the remodeling or reconstruction of the
existing market, and the placing of the Market in operation.
Any expense heretofore or hereafter incurred by the City
and included in the foregoing definition of cost of the Market
shall be regarded as a part of such cost and shall be reim-
bursed to the City out of the proceeds of the revenue bonds
issued under the provisions and authority of this Act.

SEC. 4. And be it further enacted:

(Powers of Authority. ) The Authority shall have power:

(1) To have a seal and alter the same at pleasure;

(2) To acquire, hold, and dispose of real and personal prop-
erty for its corporate purposes;

(3) To acquire from the City the whole or any part of the
existing market at a purchase price to be agreed upon between
the City and the Authority, and to pay such purchase price
in cash or in bonds of the Authority at the par value of such
bonds;

(4) To establish, construct, erect, acquire, own, repair, re-
model, add to, extend, improve, equip, operate and maintain
the Market, and to pay the cost of the Market solely from the
proceeds of revenue bonds of the Authority or from such pro-
ceeds and any grant from the United States of America or
any agency or instrumentality thereof;

(5) To make contracts and leases and to execute all instru-
ments necessary or convenient, including contracts or leases
with respect to the use of the facilities of the Market, parking
facilities, concessions, stalls, or other facilities on such terms
and for such of its corporate purposes as the Authority may
deem advisable;

(6) To acquire in its own name by purchase, on such terms
and conditions and in such manner as it may deem proper,
or by condemnation and in accordance with and subject to
the provisions of any and all existing laws applicable to the con-
demnation of property for public use, real property or rights
or easements therein or franchises or licenses convenient for
its corporate purposes, and to use the same so long as its cor-
porate existence shall continue, and to lease or make con-
tracts with respect to the use of the same or to dispose there-
of in any manner it may deem to the best advantage of the
Authority; but the Authority shall be under no obligation to