1840

LAWS OF MARYLAND

Ch. 667

mortgage thereon is clearly in default, by foreclosure;
and sell, lease, or rent an industrial project for a use
specified in § 260-O or any other use;

(11)   Enter into agreements to pay annual sums
in lieu of taxes to any municipality, county, or taxing
district of the State in respect of any real property
which is owned by the Authority and located in such
municipality, county, or taxing district;

(12)   APPROVE MORTGAGE LOANS FOR INDUSTRIAL
PROJECTS IN ACCORDANCE WITH THIS SUBTITLE, WHETHER OR NOT
THE MORTGAGE LOAN WILL BE INSURED AS PROVIDED IN §266T OF
THIS ARTICLE; AND

[(12)] (13) Do all acts and things
necessary or convenient to carry out powers expressly
granted in this subtitle[; provided, however,] EXCEPT
that, in all matters concerning the internal
administrative functions of the Authority the purchasing
procedures of the State relating to office space,
supplies, facilities, materials, equipment, and
professional services shall be followed.

266Q.

(1)    [No funds of the Authority shall be used in
respect to] THE AUTHORITY SAY NOT APPROVE any project if
[the] ITS completion [thereof] would result in the
removal of an industrial or manufacturing plant of the
project occupant from one area of the State to another
area of the State or in the abandonment of one or more
plants or facilities of the project occupant located
within the State[; provided, however, that neither of
these restrictions applies if] UNLESS the Authority
determines on the basis of the application before it that
the project is reasonably necessary to discourage the
project occupant from removing [such] THE other plant or
facility to a location outside the State or is reasonably
necessary to preserve the competitive position of the
project occupant in its respective industry.

(2)    [No funds of the Authority shall be used in
respect of] THE AUTHORITY MAY NOT APPROVE any project
[if] THAT the Authority would be required to operate,
service or maintain [the project] pursuant to any lease
or other agreement except upon foreclosure.

(3) [No funds of the Authority shall be used in
respect of] THE AUTHORITY MAY NOT APPROVE any project
[where] IN WHICH the State Aviation Administration is a
participant, unless the project is airport—related or
aviation—related[,] and located on land already owned by
the State and subject to the jurisdiction of the State
Aviation Administration.

266R.