HARRY HUGHES, Governor

2039

(F) ON RECEIPT OF AN APPLICATION FOR FINANCIAL

ASSISTANCE FOR ANY ENERGY PROJECT THAT IS DELINEATED IN
SUBSECTIONS (J)(4)(I), (J)(6), OR (J)(8) OF § 13-102, THE
AUTHORITY SHALL NOTIFY, WITHIN A REASONABLE TIME, THE
GOVERNING BODY OF THE LOCAL GOVERNMENT WITHIN WHOSE
JURISDICTION THE PROJECT WOULD BE IMPLEMENTED.

(E) (1) IT IS A CONDITION PRECEDENT FOR THE PROVISION
OF FINANCIAL ASSISTANCE FOR AN ENERGY PROJECT THAT IS
DELINEATED IN SUBSECTIONS (E)(4)(I), (E)(6), OR (E)(8) OF §
518 OF THIS SUBTITLE THAT THE POLITICAL SUBDIVISION IN WHICH
THE ENERGY PROJECT WILL BE LOCATED SHALL ADOPT A RESOLUTION
THAT SHALL:

(I)  SPECIFY AND DESCRIBE THE ENERGY
PROJECT; AND

(II)  GENERALLY DESCRIBE THE PUBLIC PURPOSE
TO BE SERVED BY THE ENERGY PROJECT.

(2) A RESOLUTION ADOPTED UNDER THIS SECTION IS
ADMINISTRATIVE IN NATURE, IS NOT SUBJECT TO PROCEDURES
REQUIRED FOR LEGISLATIVE ACTS, AND IS NOT SUBJECT TO
REFERENDUM.

(G) (F) THE AUTHORITY ADMINISTRATION SHALL PROMOTE THE
DEVELOPMENT OF ENERGY PROJECTS IN ACCORDANCE WITH PLANS AND
STRATEGIES THE AUTHORITY ADMINISTRATION MAY DEVELOP IN
CONFORMANCE WITH THE FACTORS DELINEATED IN § 13-105 522(A)
OF THIS TITLE SUBTITLE AND THAT ARE OTHERWISE CONSISTENT
WITH STATE POLICIES GENERALLY RELATING TO ENERGY, ECONOMIC
DEVELOPMENT, AND ENVIRONMENTAL QUALITY.

13-108.

THE AUTHORITY, ANY OF ITS MEMBERS OR EMPLOYEES, OR ANY
PERSON ACTING ON ITS BEHALF IS NOT AUTHORIZED TO INCUR ANY
LIABILITY OR OBLIGATION BEYOND THE EXTENT TO WHICH MONEYS
ARE PROVIDED.

13-109. 524.

(A) (1) THE AUTHORITY ADMINISTRATION MAY BY
RESOLUTION, ISSUE BONDS TO OBTAIN FUNDS TO PROVIDE FINANCIAL
ASSISTANCE FOR ENERGY PROJECTS IN ACCORDANCE WITH THIS TITLE
SUBTITLE. EVERY ISSUANCE OF BONDS SHALL BE PURSUANT TO A
DETERMINATION OF THE AUTHORITY ADMINISTRATION THAT THE
ISSUANCE IS NECESSARY TO ACHIEVE ONE OR MORE PURPOSES OF THE
AUTHORITY ADMINISTRATION. THE DETERMINATION SHALL BE MADE
BY THE DIRECTOR OF THE ADMINISTRATION OR ANY PERSON
DESIGNATED BY THE SECRETARY AND APPROVED BY THE SECRETARY.
EXCEPT AS OTHERWISE MAY BE EXPRESSLY PROVIDED BY THE
AUTHORITY ADMINISTRATION, EVERY ISSUE OF ITS BONDS SHALL BE
GENERAL OBLIGATIONS OF THE AUTHORITY ADMINISTRATION THAT ARE
SUPPORTED BY THE FULL FAITH AND CREDIT OF THE AUTHORITY
ADMINISTRATION AND THAT ARE PAYABLE FROM AND SECURED BY A
PLEDGE OF REVENUES OF THE AUTHORITY ADMINISTRATION AVAILABLE