HARRY HUGHES, Governor

121

(viii) The acquisition of a sports arena
or sports stadium used by a professional team with a
franchise for major or minor league baseball, basketball,
football, ice hockey or soccer; [or]

(ix) Acquisition of any racetrack licensed
for the conduct of racing under Article 78B of the Code;
[or]

(x) Acquisition of any machinery or
equipment used in a building or other facility of the type
described in this § 13-101(k) whether or not the building or
other facility is financed pursuant to this subtitle[.]; OR

(xi) The construction, rehabilitation,
improvement, equipping, financing, or refinancing of
buildings or facilities necessary or useful for the
development or operation of an energy project.

(s) "Public body" means:

(1)  A political subdivision;

(2)  An industrial development authority;

(3)  The State Aviation Administration; [or]

(4)  The Maryland Port Administration[.]; OR

(5)  The Maryland Energy Financing
Administration.

13-130.

(e) The Authority may not approve any loan for or

issue bonds to finance the acquisition of an industrial
project that involves facilities of a racetrack, unless the
project is approved by the Maryland Racing Commission.

(F) (1) It is in the interest of the public welfare
and purpose when bonds are issued by the Authority under
Part VI of this subtitle that the Authority attempt to
achieve a goal of 10 percent participation as borrower
within the meaning of § 13-131(b)(7) of this subtitle by
minority business enterprise, within the meaning of Article
21 § 8-601 of the Code.

(2) [; provided that] HOWEVER, the failure to
satisfy [such] THE goal [shall] DOES not affect the validity
of any bonds issued or loans made by the Authority or the
validity of any finding or determination made [pursuant to]
UNDER this subtitle.

[(f)] (G) The Authority may not approve any mortgage
loan for an industrial project in which the Maryland Port