HARRY HUGHES, Governor

3197

THESE CONTRACTS ARE NOT INTENDED AND SHALL NOT BE DEEMED TO
CONSTITUTE OR CREATE A DEBT OF THE SUBDIVISION OR A PLEDGE
OF ITS FAITH OR CREDIT WITHIN THE MEANING OF ANY OF THESE
LIMITATIONS OR ANY CONSTITUTIONAL OR OTHER PROVISIONS. SUCH
A PROJECT SHALL NOT BE DEEMED TO BE A CAPITAL PROJECT OF THE
SUBDIVISION WITHIN THE MEANING OF ANY OF THESE LIMITATIONS
OR OTHER PROVISIONS, AND A RESOLUTION, ORDINANCE, OR OTHER
OFFICIAL ACTION AUTHORIZING SUCH CONTRACTS IS NOT SUBJECT TO
REFERENDUM OR OTHER PROCEDURE NOT APPLICABLE TO ALL
ORDINANCES OR RESOLUTIONS ENACTED BY THE SUBDIVISION. FOR
THE PURPOSES OF THIS SECTION, THE EXPRESS POWERS CONTAINED
AND ENUMERATED IN ARTICLES 23A, 25A, AND 25B OF THE
ANNOTATED CODE MARYLAND AND IN THE CHARTER OF THE CITY OF
BALTIMORE ARE DEEMED TO INCORPORATE AND INCLUDE THE POWER
AND AUTHORITY CONTAINED IN THIS SECTION.

16. 3-716.

THE EXERCISE OF THE POWERS GRANTED BY THIS ARTICLE IS
SUBTITLE IS AND WILL BE IN ALL RESPECTS FOR THE BENEFIT OF
THE PEOPLE OF THE STATE OF MARYLAND AND THE PARTICIPATING
COUNTIES, FURTHER INCREASE OF THEIR COMMERCE, WELFARE, AND
PROSPERITY, AND FOR THE IMPROVEMENT OF THEIR HEALTH AND
LIVING CONDITIONS, AND SINCE THE ACTIVITIES OF THE AUTHORITY
AND THE OPERATION AND MAINTENANCE OF ITS PROJECTS WILL
CONSTITUTE THE PERFORMANCE OF ESSENTIAL GOVERNMENTAL
FUNCTIONS, THE AUTHORITY SHALL BE EXEMPT FROM ANY PAYMENT OF
OR LIABILITY FOR ANY AND ALL ORDINARY OR SPECIAL TAXES,
WHETHER FEDERAL, STATE, OR LOCAL, NOW OR HEREAFTER LEVIED OR
IMPOSED, AND ANY ASSESSMENTS OR OTHER GOVERNMENTAL CHARGES.
THE BONDS OF THE AUTHORITY, THEIR TRANSFER, THE INTEREST
PAYABLE THEREON, AND ANY INCOME DERIVED THEREFROM, INCLUDING
ANY PROFIT REALIZED IN THE SALE OR EXCHANGE THEREOF, SHALL
AT ALL TIMES BE EXEMPT FROM TAXATION OF EVERY KIND AND
NATURE WHATSOEVER BY THE STATE OF MARYLAND OR BY ANY OF ITS
POLITICAL SUBDIVISIONS, MUNICIPAL CORPORATIONS, OR PUBLIC
AGENCIES OF ANY KIND.

17. 3-717.

THE AUTHORITY SHALL NOT BE REQUIRED TO GIVE ANY BOND AS
SECURITY FOR COSTS, SUPERSEDEAS, OR ANY OTHER SECURITY IN
ANY SUIT OR ACTION BROUGHT BY OR AGAINST IT, OR IN
PROCEEDINGS TO WHICH IT MAY BE A PARTY, IN ANY COURT IN THIS
STATE, AND THE AUTHORITY SHALL HAVE THE REMEDIES OF APPEAL
OF WHATEVER KIND TO ALL COURTS WITHOUT BONDS, SUPERSEDEAS,
OR SECURITY OF ANY KIND. NO BUILDER'S, MATERIALMAN'S,
CONTRACTOR'S, LABORER'S, OR MECHANIC'S LIENS OF ANY KIND OR
CHARACTER SHALL EVER ATTACH TO OR BECOME A LIEN UPON ANY
PROPERTY, REAL OR PERSONAL, BELONGING TO THE AUTHORITY AND
NO ASSIGNMENT OF WAGES SHALL BE BINDING UPON OR RECOGNIZED
BY THE AUTHORITY.

18. 3-718.

(A) EXCEPT AS OTHERWISE PROVIDED BY THIS ARTICLE
SUBTITLE, THE AUTHORITY IS HEREBY AUTHORIZED TO ADOPT,