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MARVIN MANDEL, Governor 287
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FOR ANY OF THEM TO SUBMIT THE MATTERS TO ARBITRATION
UNDER §6-402 OF THIS SUBTITLE.
REVISOR'S NOTE: This section presently appears as
Art. 62B, §22 (e).
In subsection (a) of this section, the present
reference to an "ordinance" is deleted as
unnecessary in light of the broad reference to
any "law".
The only other changes are in style,
6-404. EFFECT OF TRANSFER OF MCCOMAS STREET TERMINAL OR
NATIONAL GYPSUM COMPANY PIER.
(A) CONTROL TO BE VESTED IN ADMINISTRATION.
ON THE TRANSFER OF THE MCCOMAS STREET TERMINAL OR
THE NATIONAL GYPSUM COMPANY PIER TO THE ADMINISTRATION,
THE ADMINISTRATION IS VESTED WITH THE CONTROL, OPERATION,
AND MAINTENANCE OF THE TRANSFERRED FACILITY AND ALL ITS
RENTALS, CHARGES, AND REVENUES, SUBJECT ONLY TO ANY
EXISTING LEASE OR CONTRACT RELATING TO THE FACILITY.
(B) EXISTING CONTRACTS UNAFFECTED.
(1) THE TRANSFER TO THE ADMINISTRATION OF
THE MCCOMAS STREW TERMINAL OR THE NATIONAL GYPSUM
COMPANY PIER DOES NOT AFFECT IN ANY WAY:
(I) THE TERMS, CONDITIONS, AND COVENANTS OF
THE CONTRACTS BETWEEN THE MAYOR AND CITY COUNCIL OF
BALTIMORE AND THE WESTERN MARYLAND RAILWAY COMPANY OR
BETWEEN THE MAYOR AND CITY COUNCIL OF BALTIMORE AND THE
NATIONAL GYPSUM COMPANY, RESPECTIVELY; OR
(II) THE RIGHTS, PRIVILEGES, AND DUTIES OF
THE WESTERN MARYLAND RAILWAY COMPANY OR THE NATIONAL
GYPSUM COMPANY, RESPECTIVELY, AS GRANTED OR IMPOSED BY
THESE CONTRACTS.
(2) EFFECTIVE ON THE DAY OF THE TRANSFER OF
THE MCCOMAS STREET TERMINAL OR THE NATIONAL GYPSUM
COMPANY PIER, THE WESTERN MARYLAND RAILWAY COMPANY OR THE
NATIONAL GYPSUM COMPANY, AS THE CASE MAY BE, SHALL PAY TO
THE ADMINISTRATION THE RENT RESERVED UNDER THE CONTRACTS
RELATING TO THE TRANSFERRED FACILITY, IN THE SAME MANNER
AS REQUIRED BY THE CONTRACTS. THIS RENT IS CONSIDERED AS
INCOME TO THE ADMINISTRATION.
(C) REVERSION IF ADMINISTRATION IS ABOLISHED.
ANY TRANSFER OF THE MCCOMAS STREET TERMINAL OR THE
NATIONAL GYPSUM COMPANY PIER TO THE ADMINISTRATION SHALL
PROVIDE THAT, IF THE ADMINISTRATION IS ABOLISHED AND
ITS PRINCIPAL FUNCTIONS ARE NOT VESTED IN ANOTHER
AGENCY, THE MCCOMAS STREET TERMINAL AND THE NATIONAL
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