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Ch. 650
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LAWS OF MARYLAND
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2068
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administrative costs and expenses, and (4) any premium upon bonds
retired by call or purchased as provided in this subtitle. In
addition, the legal entity shall pay to the State of Maryland, or
any of its political subdivisions, the amount of State and local
property taxes as the same accrue from the time of the transfer
of the property to such legal entity;
(h) Assist wholesale food dealers AND TENANTS who wish to
relocate their operations to the market OR WHO WISH TO LOCATE
THEIR OPERATIONS IN THE MARKET OR THE PARK. In furtherance of
such power, the Authority may acquire, by negotiation and
purchase, the land, buildings, structures, facilities, equipment,
leases, or any interest therein, and may pay all or a part of
reasonable moving expenses for personal property necessary to be
moved in the relocation OR LOCATION of those dealers AND TENANTS
who, in the best judgment of the Authority, afford the greatest
opportunity of success for the market OR THE PARK, and which
expenses of acquisition, [and] LOCATION, OR relocation the
Authority, in the responsible exercise of its discretion,
believes it has the most favorable opportunity of regaining;
(i) Appoint and dismiss officers, agents and employees,
including, but not limited to, engineering, architectural,
fiscal, and construction experts and attorneys, and fix their
compensation;
(j) Borrow money for any of its corporate purposes
including the power to mortgage or further encumber its property
as security for such loan and issue negotiable bonds as
hereinafter provided in this subtitle; ALL MONEY AND FUNDS OF THE
AUTHORITY MAY BE INVESTED; ALL INTEREST EARNED AND ALL OTHER
INCOME FROM ANY INVESTMENTS SHALL BE CREDITED TO THE AUTHORITY;
(k) Receive appropriate gifts, contributions of money,
supplies, goods, and services, or loans thereof, and may accept
appropriations, allotments, and loans of funds from the State of
Maryland, the United States of America, any federal corporation
or agency and any municipal corporation or political subdivision
of the State of Maryland; but the bonds of the Authority shall be
a primary lien upon the revenues of the Authority, and any loan
or appropriation from the federal, State or municipal government
shall be secondary;
(1) Exercise any power usually possessed by private
corporations in performing similar functions, which is not in
conflict with the Constitution and the laws of this State; [and]
(M) APPLY FOR STATE AND FEDERAL ENTERPRISE ZONE
CERTIFICATION AND DESIGNATION, EXERCISE ALL RIGHTS AND
RESPONSIBILITIES OF THE ENTERPRISE ZONE PROGRAM;
(N) (M) ACQUIRE, CONSTRUCT, MAINTAIN, EQUIP, AND OPERATE
ANY WHARVES, DOCKS, PIERS, QUAYS, AND OTHER STRUCTURES, AND ANY
FACILITIES NECESSARY FOR COMMERCE, INCLUDING THE DREDGING OF
APPROACHES;
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