2428                                          LAWS OF MARYLAND [Ch. 710

present means [[to finance adequately and]] to construct
sufficient such facilities AND ADEQUATELY TO FINANCE AND
REFINANCE SUCH FACILITIES. IN ORDER TO PROVIDE SUCH
FACILITIES AT THE LEAST COST TO THE USERS THEREOF; and
that it is the purpose of this article to provide a
Measure of assistance and an additional method to enable
institutions for higher education and hospitals in the
State to provide, AMD TO FINANCE AMD REFINANCE. AT THE
LEAST COST TO THE USERS THEREOF. the facilities and
structures which are needed to accomplish the purposes of
this article, all to the public benefit and good to the
extent and IN THE manner provided herein.

3.

(b) "Project," in the case of a participating
institution for higher education, leans a structure
suitable for use as a dormitory or other housing
facility, dining hall, student union, administration
building, academic building, library, laboratory,
research facility, classroom, athletic facility, health
care facility, and maintenance, storage, or utility
facility and other structures or facilities related
thereto or required or useful for the instruction of
students or the conducting of research or the operation
of an institution for higher education, including parking
and other facilities or structures essential or
convenient for the orderly conduct of such institution
for higher education and shall also include equipment and
machinery and other similar items essential or convenient
for the operation of a particular facility or structure
in the manner for which its use is intended but shall not
include such items as books, fuel, supplies or other
items which are customarily deemed to result in a current
operating charge; and "project," in the case of a
participating hospital, means a structure suitable for
use as a hospital, clinic, or other health care facility,
laboratory, training facilities for nursing and other
health programs, laundry, nurses' or interns' residence,
and such other structure or facilities necessary for the
effective operation of the project, including parking and
other facilities [of the] OR structures essential or
convenient for the orderly operation of such project, and
shall also include equipment and machinery and other
similar items essential or convenient for the operation
of the project in the manner for which its use is
intended but shall not include such items as fuel,
supplies or other items which are customarily deemed to
result in a current operating charge.

(e) "Bonds" or the words "revenue bonds" shall mean
revenue bonds of the Authority issued under the
provisions of this article, including revenue refunding
bonds, notwithstanding that the same may be secured by