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Session Laws, 1955
Volume 620, Page 178   View pdf image (33K)
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178                               LAWS OF MARYLAND                        [CH. 127

deemed necessary for the construction and establishment of the
Civic Center, the cost of all labor, materials, machinery and equip-
ment (including but not limited to furniture, furnishings, fixtures,
movable or fixed chairs, benches, tables, and expense of relocating
public utility facilities referred to in Section 4 (6), etc.), financing
charges, Trustee's fees and expenses, and interest on bonds issued by
the Authority prior to and during construction and for twelve 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 expenses as may be necessary or incident to
the financing herein authorized and the construction and establish-
ment of the Civic Center, and the placing of the Civic Center in
operation. Any expense heretofore or hereafter incurred or ad-
vanced to the Authority by the City and included in the foregoing
definition of cost of the Civic Center shall be regarded as a part of
such cost and shall be reimbursed 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, That

(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 property
for its corporate purposes;

(3)   To acquire from the City or others any land or other property
owned by it or them, as the same may be agreed upon as to price
and other conditions between the owner and the Authority, and to
pay the purchase price in cash or in bonds of the Authority at the
par value of such bonds; the City is hereby authorized upon the
approval of the Board of Estimates to convey without consideration
to the Authority any real or personal property owned by it and
suitable for use by the Authority for the purposes set out in this
Act;

(4)' To establish, construct, erect, acquire, own, repair, remodel,
add to, extend, improve, equip, to contract therefor without regard
to any of the provisions of Section 37 of the Baltimore City Charter,
operate and maintain the Civic Center, and to pay the cost of the
Civic Center solely from the proceeds of revenue bonds of the Au-
thority or from such proceeds and any grant from the United States
of America or any agency or instrumentality thereof;

(5)   To negotiate and enter into contracts and leases and to execute
all instruments necessary or convenient, including contracts or
leases with respect to the use in whole or in part of the facilities of
the Civic Center, parking facilities, concessions, 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 condem-
nation and in accordance with and subject to the provisions of any
and all existing laws applicable to the condemnation of property for
public use, real property or rights or easements therein or franchises

 

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Session Laws, 1955
Volume 620, Page 178   View pdf image (33K)
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