BLAIR LEE III, Acting Governor                         1967

lands, structures, property, real or personal, rights,
rights-of-way, franchises, easements and interests acquired
by the Authority or by a participating institution for
higher education or by a participating hospital for a
project, the cost of demolishing or removing any buildings
or structures on land so acquired, including the cost of
acquiring any lands to which such buildings or structures
may be moved, the cost of all machinery and equipment,
financing charges, interest prior to and during construction
and, if deemed advisable by the Authority, for a limited
period after completion of such construction, interest and
reserves for principal and interest and for extensions,
enlargements, additions and improvements, cost of
architectural, engineering, financial and legal services,
plans, specifications, studies, surveys, estimates of cost
and of revenues, administrative expenses necessary or
incident to determining the feasibility or practicability of
constructing the project and such other expenses as may be
necessary or incident to the construction and acquisition of
the project, the financing OR REFINANCING of such
construction and acquisition and placing of the project in
operation.

(d) "Construction" as applied to a project or any
portion thereof financed OR REFINANCED under the provisions
of this article shall include reconstruction and renovation.

(g) "Participating institution for higher education"
shall mean an institution for higher education which,
pursuant to the provisions of this article, shall undertake
the financing [and], REFINANCING, construction or
acquisition of a project or shall undertake the refunding or
refinancing of bonds [or of a mortgage or of], MORTGAGES,
advances, LOANS, OR OTHER OBLIGATIONS as provided in and
permitted by this article.

(h) "Hospital" means a hospital, a related institution
or a combination of a hospital and a related institution,
located within this State and either meeting the
requirements of and having a license or licenses as required
by Article 43, §§ 556—568, of this Code, or, in the case of
a new institution, having a prelicensing certification or
recertification from the Maryland Comprehensive Health
Planning Agency, OR ANY SUCCESSOR AGENCY, and being or to
be, in fact, a health care facility available to the general
public maintained and operated as a nonprofit institution by
some person, association, municipal or other corporation, or
other agency, or a nonprofit corporation organized for the
purpose of constructing or acquiring such a hospital,
related institution or combination of a hospital and a
related institution. Hospital shall also mean nonprofit
comprehensive health centers providing out—patient primary
health services available to the general public, but shall
not mean any facility such as described herein which is
owned and operated by the State.

(i) "Participating hospital" means a hospital which,
pursuant to the provisions of this article, shall undertake