1522                                 LAWS OF MARYLAND                               Ch. 489

(g) (1) "Industrial project" means any one or more of
the following:

(i) The construction, acquisition,
refinancing, rehabilitation, or improvement of:

1.  A new industrial or manufacturing
plant;

2.  A former industrial or
manufacturing plant;

3.  Buildings used mainly for storage
or transshipment of manufactured goods or agricultural or
seafood products; or

4.  Buildings used for research and
development for the discovery, perfection, or evaluation of
new processes or products;

(ii) The construction, equipping, or
financing of facilities for developing and producing
gasohol;

(iii) The construction, acquisition,
refinancing, rehabilitation, or improvement of:

1.  Tourist or convention facilities,
which, if the Authority finds that the facilities will be
used primarily by or for tourists or conventioneers, may
include mercantile, retail, and service establishments;

2.  Mercantile, retail, or service
facilities that primarily serve out-of-state markets; or

3.  Office buildings for use as
corporate or company headquarters or as regional offices for
any business activity, including the activities mentioned in
this subsection and nonprofit organizations;

(iv) The dredging of spoils from tidal
waters and the filling of adjoining land;

(v) The development of areas for the
disposal of spoils;

(vi) The construction, reconstruction, or
repair of bulkheads, berths, wharves, supply sheds, storage
buildings, or other facilities, appurtenances, and equipment
necessary or useful in connection with the operation of a
modern port;[or]

(vii) Acquisition,                        refinancing,

rehabilitation, or improvement of a public use airport; OR

(VIII) REHABILITATION OR IMPROVEMENT OF
THE FACILITIES OF ANY RACETRACK LICENSED FOR THE CONDUCT OF
RACING UNDER ARTICLE 78B OF THE CODE.