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Session Laws, 1978
Volume 736, Page 626   View pdf image
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626

LAWS OF MARYLAND

Ch. 22

revenues, other expenses necessary or incident to
determining the feasibility or practicability of the
construction of any dormitory or dormitories, administrative
expenses, and such other expenses as may be necessary or
incident to the construction of the same, the financing of
such construction and the placing of any such dormitory or
dormitories in operation. Any obligation or expense
heretofore or hereafter incurred by said University for the
preparation of plans and specifications, and other
engineering services in connection with the construction of
any such dormitory or dormitories shall be regarded as a
part of the cost of the same and may be reimbursed to said
University out of the proceeds of the revenue bonds herein
authorized.

27L. Same—Powers of University generally.

In order to provide additional facilities for the
University of Maryland, the University of Maryland is hereby
authorized and empowered from time to time:

(a)   To construct, equip, maintain, repair and operate
one or more dormitories for students of said University;

(b)    To issue revenue bonds of the University for the
purpose of paying all of the cost of any one or more of said
dormitories and to combine dormitories under the control of
the University for financing purposes, in an aggregate
principal amount of said revenue bonds, not to exceed
$2,000,000.00;

(c)    To fix and revise, from time to time, fees, rents
and other charges for the use of dormitories;

(d). To acquire, hold and dispose of real and personal
property in the exercise of its powers and performance of
its duties under §§ 27K-27T, inclusive, of this subtitle;

(e)    To make and enter into all contracts and
agreements necessary or incidental to the performance of its
duties and the execution of its powers under §§ 27K—27T,
inclusive, of this subtitle, and to employ consulting
engineers, attorneys, construction and financial experts and
such other employees and agents as may be necessary in the
opinion of its board of regents and to fix their
compensation; provided that all such contracts and
agreements shall be payable solely from the proceeds of
revenue bonds issued under the provisions of §§ 27K—27T,
inclusive, of this subtitle, or from funds otherwise
provided;

(f)    To receive and accept from the United States of
America or any agency thereof grants for or in aid of the
construction of any dormitory or any part thereof, and to
receive and accept aid or contributions from any source of
either money, property, labor or other things of value, to
be held, used and applied only for the purposes for which
such grants or contributions may be made; and

 

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Session Laws, 1978
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