HARRY HUGHES, Governor

1881

[3.] (3) Maintain an office at [such] WHATEVER place
or places within the County as it designates;

[4.] (4) Employ a manager and [such] WHATEVER
assistants, agents, and other employees as ARE necessary or
desirable for its purposes; contract for and engage
consultants; and utilize the services of other governmental
agencies;

[5.] (5) Accept from a federal agency loans or
grants for use in carrying out its purpose[.];

[6.] (6) Request for its guidance, review and
comment by the regional economic development and planning
agency of the area, the Tri-County Council of Southern
Maryland, as to the expedience and advisability of certain
developments of the Industrial Park[. ];

[7.] (7) Enter into agreements with prospective
purchasers and tenants for the purpose of planning,
designing, and constructing buildings for industrial use[.];

[8.1 (8) Acquire, purchase, manage and operate, and
hold and dispose of real and personal property, make and
enter into all contracts, leases, agreements, and
arrangements necessary or incidental to the performance of
its duties[.]; AND

[9-] (9) Do all acts and things necessary or
convenient to carry out the powers expressly granted in this
subtitle [; provided, however, that]. HOWEVER, in
appropriate matters concerning the internal administrative
functions of the Authority the purchasing procedures of the
County shall be followed.

177-1.

(a)    The Authority shall keep proper records of
accounts and shall make an annual report of its condition
and operations to the County Commissioners, which report
shall be published in a local newspaper with general
circulation.

(b)   The financial report shall anticipate expenditures
and receipts from the operation and management of the Park
and shall provide for the reimbursement to the County
Commissioners of funds provided by special bonding authority
contained [herein] BY THIS SUBTITLE, as the industrial park
becomes operationally profitable, and to that end the
Authority shall compute any and all costs arising out of the
management and operation of the park in a manner to defray
the costs as a public benefit corporation becoming
self—sufficient at the earliest operationally practical
opportunity.

(c)    Should the Authority request an authorization to
abate taxes on its property, the authorization shall be