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Session Laws, 1969
Volume 692, Page 1282   View pdf image
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1282                              LAWS OF MARYLAND                       [CH. 553

unexpired term. The Governor may at his sole discretion remove
any of the directors serving at any time and reappoint a person to
stand in the place of the director so removed to serve for the balance
of the term of the director who had been removed.

(3) The directors shall serve without salary, but each director
shall be entitled to reimbursement for his actual and necessary ex-
penses incurred in the performance of his official duties.

(4) The executive director, who shall act as the chief executive
officer of the Authority, shall be selected by the directors of the
Authority subject to the approval of the Governor. He shall be en-
titled to receive such salary as the directors may determine for his
services but he may not engage in any private employment.

(5)   The Governor may appoint a business advisory council for
housing and community development, to advise and make recom-
mendations to the corporation
AUTHORITY with respect to devel-
opment policies and programs and to encourage maximum participa-
tion in developments of the corporation
AUTHORITY by the private
sector of the economy, including members of the council and firms
and corporations with which they are affiliated. Such council shall
consist of not more than fifteen members, who shall serve at the
pleasure of the Governor, and who shall be broadly representative
of commerce and industry, the financial community and the construc-
tion and housing industries. Such members shall serve without sal-
ary, but shall be entitled to reimbursement for their actual and
necessary expenses incurred in the performance of their duties.

(6)   The Governor may appoint community advisory committees
of no more than ten members for each locality of the State in which
a development is undertaken. The committees shall be composed of
representatives of the community, including representation from
the community's low income sector. The advice of the committees
shall be solicited and considered by the Authority at every stage of
the development process. The members of such committees shall
serve, at the pleasure of the Governor, without salary, but shall be
entitled to reimbursement of their actual and necessary expenses
incurred in the performance of their duties.

(7)   The Authority and its corporate existence shall continue until
terminated by law, provided, however, that no such law shall take
effect so long as the Authority shall have bonds, notes and other
obligations outstanding, unless adequate provision has been made
for the payment thereof in the documents securing the same. Upon
termination of the existence of the Authority, all its rights and
properties shall pass to and be vested in the State.

(8)  A majority of the directors of the Authority then in office
shall constitute a quorum for the transaction of any business or the