HARRY HUGHES, Governor

3455

to enter into contracts, leases or other transactions with
THE COUNTY, THE STATE, A POLITICAL SUBDIVISION, OR any
federal agency, IF THE GRANTS FROM THE STATE, OR
A POLITICAL SUBDIVISION ARE FROM CURRENT APPROPRIATIONS;

29-5.

(a)  The authority is hereby authorized and empowered
to fix and [to] revise from time to time rates, tolls,
rentals and charges for the use of any of its projects, [and
to] contract with any person, partnership, association or
corporation desiring the use of any of its projects, either
in whole or in part, and [to] fix the terms, conditions and
rates of charges for such use.

(b)   [Such] THE rates, tolls, rentals or charges shall
be [so] fixed and adjusted [as] to provide a fund, TOGETHER
WITH ANY OTHER LEGALLY AVAILABLE FUNDS THAT THE AUTHORITY
DETERMINES TO APPLY, sufficient to pay:

(1)  The cost of maintaining, preparing and
operating the project or projects from which such rates,
tolls, rentals and. charges are received, including reserves
for replacement, depreciation and any extensions of such
project or projects; and

(2)  The principal of the bonds issued to provide
the funds for the acquisition, construction, improvement,
equipping, maintaining, operating or furnishing such project
or projects and the interest thereon as the same shall
become due and payable, and reserves for such purposes.

29-8.

The revenue bonds, certificates or other evidence of
indebtedness issued under the provisions of this title
[shall not be deemed to constitute] ARE NOT a debt of the
county or a pledge of the faith and credit ot OF the county
[or of], the State, or [any] A political subdivision
[thereof but such]. THE revenue bonds, certificates or other
evidence of indebtedness shall be payable solely from the
funds of the authority provided from revenues of the project
or projects of the authority OR FROM ANY OTHER FUNDS LEGALLY
AVAILABLE FOR SUCH PURPOSE. All [such] revenue bonds shall
contain a statement on their face to the effect that
Baltimore County is not obligated to pay [such] THE bonds or
the interest [thereon]. The issuance of the revenue bonds,
certificate CERTIFICATES or other evidence of indebtedness
under the provisions of this title shall not directly,
indirectly or contingently obligate or empower the county to
levy or pledge any form of taxation whatever [therefor] or
to make any appropriation for their payment. HOWEVER, THE
FOREGOING LIMITATIONS MAY NOT BE CONSTRUED TO PROHIBIT THE
COUNTY FROM LEASING ANY PROJECT OR FACILITY, OR PORTION
THEREOF, FROM THE AUTHORITY INCLUDING ANY PROJECT OR