1686

LAWS OF MARYLAND

Ch. 502

thereof, to be used for national defense purposes, or (2)
research or development for national defense purposes, nor
shall it apply to port facilities owned by the federal or
State governments {or any agencies or instrumentality
thereof) or by any political subdivision of the State of
Maryland. The foregoing shall apply to an international
trade center (referred to in § 6—101 (d) (1) of the
Transportation Article) owned by the State government (or
any agency or instrumentality thereof) unless negotiated
payments in lieu of taxes or voluntary contributions are
made by the aforesaid owner. Provided further that for the
purposes of municipal and county taxation in the counties of
Allegany, Anne Arundel, Montgomery, and Washington, the
county commissioners or governing body of any municipality
may, by adoption of an appropriate resolution or ordinance,
exempt such property from county or municipal taxation, but
the valuation shall be carried on the assessment books as
though it is taxable for the purposes of computing payments
to the several political subdivisions which are provided for
in the laws of this State and which in any manner are based
upon or related to assessments and assessed valuations,
PROVIDED FURTHER, THAT FOR PURPOSES OF MUNICIPAL TAXATION IN
BALTIMORE CITY THE MAYOR AND CITY COUNCIL MAY BY ORDINANCE
AUTHORIZE THE EXEMPTION FROM TAXATION OF, AND ACCEPTANCE OF
A NEGOTIATED PAYMENT IN LIEU OF TAXES ON, PROPERTY WITHIN
THE MOUNT VERNON URBAN RENEWAL AREA OWNED BY THE CITY AND
LEASED TO A PRIVATE BUSINESS CONDUCTED FOR PROFIT IF THE NET
INCOME FROM THE PROPERTY IS TO BE SHARED WITH THE MAYOR AND
CITY COUNCIL, BUT THE VALUATION SHALL BE CARRIED ON THE
ASSESSMENT BOOKS AS THOUGH IT IS TAXABLE FOR THE PURPOSES OF
COMPUTING PAYMENTS TO THE SEVERAL POLITICAL SUBDIVISIONS
WHICH ARE PROVIDED FOR IN THE LAWS OF THIS STATE AND WHICH
IN ANY MANNER ARE BASED UPON OR RELATED TO ASSESSMENTS AND
ASSESSED VALUATIONS. THIS AUTHORIZATION Of BALTIMORE CITY TO

ENTER INTO AN AGREEMENT FOR__A PAYMENT IN LIEU OF TAXES

EXPIRES ON JULY 1, 1980, BUT THE__EXPIRY SHALL NOT AFFECT

SUCH AN AGREEMENT EXECUTED PRIOR TO THAT DATE. As used

herein, the term "port facilities" shall mean and shall
include, without intending thereby to limit the generality
of such term, any one or more of the following or any
combination thereof: lands, piers, docks, wharves,
warehouses, sheds, transit sheds, elevators, compressors,
refrigeration storage plants, buildings, structures, and
other facilities, appurtenances and equipment necessary or
useful in connection with the operation of a modern port or
in connection with shipbuilding and ship repair and every
kind of terminal or storage structure or facility now in use
or hereafter designed for use in the handling, storage,
loading or unloading of freight or passengers at steamship
terminals, and every kind of transportation facility now in
use or hereafter designed for use in connection therewith.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1978.

Approved May 16, 1978.