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HARRY HUGHES, Governor
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2063
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60 days after the end of each fiscal year of the Authority which
begins after the year in which all of the bonds have been paid
and retired, or in which provision for such, payment has been
made, until all of the State tax has been repaid to the State.
413.
As used in this subtitle the words and terms listed in this
section and used in their place have the meaning indicated unless
the context shall indicate another or different meaning or
intent.
(a) "Authority" means the Maryland Food Center Authority,
created by § 412 of this subtitle.
(b) "Cost of the market" AND "COST OF THE PARK" means the
purchase price, the cost of all land, property rights, easements,
and franchises, deemed necessary for the construction and
establishment of the market OR THE PARK, the cost of relocation
of wholesale food dealers OR TENANTS referred to in § 414(h), the
cost of all labor, materials, machinery and equipment including
expenses of relocating public utility facilities referred to in §
414(e), etc., financing charges, interest prior to and during
construction, cost of engineering, architectural and legal
services, plans, specifications, surveys, estimates of costs and
of revenues, other expenses necessary or incident to determining
the feasibility or practicability of such construction,
administrative expense and such other expenses as may be
necessary or incident to the financing herein authorized and to
the construction and establishment of the market OR THE PARK; and
the placing of [it] THEM in operation.
(c) "Current expenses" means the Authority's reasonable and
necessary current expenses of maintaining, repairing, and
operating the market OR THE PARK and includes, without limiting
the generality of the foregoing, all administrative expenses,
insurance premiums, engineering expenses relating to operation
and maintenance, legal expenses, charges of the paying agents,
any taxes which may be lawfully imposed on the Authority or its
income or operations or the property under its control and
reserves for those taxes, and any payments in lieu of taxes,
ordinary and usual expenses of maintenance and repair which may
include expenses not annually recurring, expenses incurred in the
exercise and the performance of its powers and duties under the
provisions of this subtitle, and any other expenses required to
be paid by the Authority under the provisions of any trust
agreement securing revenue bonds or by law.
(d) "Food" shall be liberally construed and means
agricultural and other edible food products, including, but not
limited to, seafood, eggs, butter, cheese, poultry, fruits,
vegetables, meats, meat products, and floricultural and
horticultural products, in packaged or fresh form.
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