SPIRO T. AGNEW, Governor                         219

association, person, or other legal entity is obligated to pay to the
Authority or its designee a sum to provide for the payment of (1) the
interest upon the bonds sold pursuant to the provisions of this sub-
title as the interest falls due, (2) the principal of the bonds as it falls
due, (3) the necessary fiscal agency charges for paying principal and
interest, and (4) any premium upon bonds retired by call or pur-
chased as provided in this subtitle. In addition, the legal entity shall
pay to the State of Maryland, or any of its political subdivisions, the
amount determined by any contract entered into by and between the
Authority and the State of Maryland, or the political subdivision, as
the amount to be paid to the State of Maryland, or the political sub-

division, in lieu of taxes. All payments made in lieu of taxes shall

be made at the time real estate taxes of the political subdivision in
which the property is located ordinarily are due and payable.
AMOUNT OF STATE AND LOCAL PROPERTY TAXES AS THE
SAME ACCRUE FROM THE TIME OF THE TRANSFER OF THE
PROPERTY TO SUCH LEGAL ENTITY.

(8) (H) The Authority may assist ASSIST wholesale food dealers
who wish to relocate their operations to the Market. In furtherance of
such power, the Authority may acquire, by negotiation and purchase,
the land, buildings, structures, facilities, equipment, LEASES, or any
interest therein, leases, franchises, licenses, or other obligations of a
dealer, and may pay all or a part of reasonable moving expenses for
personal property necessary to be moved in the relocation of those
dealers who, in the best judgment of the Authority, afford the great-
est opportunity of success for the Market, and which expenses of
acquisition and relocation the Authority, in the responsible exercise
of its discretion, believes it has the most favorable opportunity of
regaining;

(9) (I) Appoint and dismiss officers, agents and employees, includ-
ing, but not limited to, engineering, architectural, fiscal, and con-
struction experts and attorneys, and fix their compensation.

(10) (J) Borrow money for any of its corporate purposes IN-
CLUDING THE POWER TO MORTGAGE OR FURTHER ENCUM-
BER ITS PROPERTY AS SECURITY FOR SUCH LOAN and issue
negotiable bonds as hereinafter provided in this subtitle.

(11) (K) The Authority may receive RECEIVE appropriate gifts,
contributions of money, supplies, goods, and services, or loans thereof,
and may accept appropriations, allotments, and loans of funds from
the State of Maryland, the United States of America, any federal cor-
poration or agency organized for the purpose of aiding in the con-
struction of public improvements or the extension and improvement
of market facilities, and any municipal corporation or political sub-
division of the State of Maryland; but the bonds of the Authority shall
be a primary lien upon the revenues of the Authority, and any loan or
appropriation from the Federal, State or Municipal Government
shall be secondary.

(12) (L) Exercise any power usually possessed by private corpo-
rations in performing similar functions, which is not in conflict with
the Constitution and the laws of this State; and

(13) (M) Do all things necessary and convenient to carry out the
powers expressly granted by this subtitle.