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Ch. 650
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LAWS OF MARYLAND
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2062
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The Governor of the State of Maryland, with the advice and
consent of the Senate, within 30 days after June 1, 1967, shall
appoint [five] 5 members who shall be outstanding citizens of the
State. The original appointments of those five members,
excluding the ex officio members, shall be made in such manner
that the term of one member shall expire on July 1, 1968, the
term of another member shall expire on July 1, 1969, the term of
another member shall expire on July 1, 1970, the term of another
member shall expire on July 1, 1971, and the term of the
remaining member shall expire on July 1, 1972. In addition, the
Governor, with the advice and consent of the Senate, within ten
days, after July 1, 1972, shall appoint three members who shall
be, as of July 1, 1972, members of the New Marsh Wholesale
Produce Market Authority. The original appointments of these
three members, excluding the ex officio members, shall be made in
such manner that the term of one such member shall expire on July
1, 1974, the term of another such member on July 1, 1975, and the
term of the remaining such member on July 1, 1976. The
successors of those eight members, excluding the ex officio
members, shall be appointed for terms of five years from the
dates of expiration of their respective terms of office, except
that any person appointed to fill a vacancy shall serve only for
the unexpired term. Any member of the Authority is eligible for
reappointment. The Governor, after notice in writing to a member
30 days in advance of the action, may remove any member other
than the ex officio members for inefficiency, neglect, or
misconduct. Any member so notified shall be entitled to a hearing
before the Governor, provided that request for a hearing be made
in writing to the Governor not later than ten days after receipt
of the notice. In the event of removal the Governor shall
promptly appoint a successor.
(e) When all of the bonds of the Authority are paid and
retired, and when all of the interest on and principal of all
bonds issued by the Authority has been paid or provision for the
payment has been made, in the event that the State shall have
levied and collected any State tax for the payment of interest on
and principal of the bonds pursuant to the provisions of § 419,
the Authority shall pay over to the Comptroller of the State out
of market AND PARK revenues, after deduction for the cost of
maintaining, repairing and operating the market AND THE PARK,
including reserves for such purposes and for replacements,
depreciation, and necessary extensions, the amount of any taxes
levied and collected by the State for the payment of interest on
and principal of the bonds. In the event the Authority acquires
the property of the New Marsh Wholesale Produce Market Authority
and assumes all the duties, obligations and liabilities thereof
as provided in § 415 of this subtitle, the Authority shall pay
over to the Comptroller of the State of Maryland out of market
AND PARK revenues the amount of any taxes levied and collected by
the State under Chapter 845 of the Laws of Maryland of 1957 for
the payment of interest on and the principal of the bonds issued
by the New Marsh Wholesale Produce Market Authority. The payments
to the State shall be without interest and shall be made within
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