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Ch. 650
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LAWS OF MARYLAND
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2078
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(b) The rates and charges shall be fixed and adjusted to
provide maximum revenues from the market AND THE PARK as
determined by the Authority, and the rates or charges shall not
be subject to supervision or regulation by any other commission,
board, bureau, or agency of the State or any political
subdivision thereof, so long as the Authority is in existence.
The rates, charges, and all other revenues derived from the
market AND THE PARK, except the part or parts thereof required to
pay the current expenses of the market AND THE PARK and to
provide reserves as provided for in the resolution authorizing
the issuance of the bonds or in the trust indenture, shall be set
aside at such regular intervals as provided in the resolution or
trust indenture, in a sinking fund which is hereby pledged to and
charged with the payment of (1) the interest upon the revenue
bonds provided for in § 420 as the interest falls due, (2) the
principal of the revenue bonds as it falls due, (3) the necessary
fiscal agency charges for paying principal and interest, and (4)
any premium upon the revenue bonds retired by call or purchase as
herein provided. The use and disposition of the sinking fund
shall be subject to such regulations as is provided in the
resolution authorizing the issuance of the revenue bonds, or in
the trust indenture, but except as otherwise may be provided in
the resolution or trust indenture, the sinking fund shall be a
fund for the benefit of all revenue bonds without distinction or
priority of one over another. Subject to the provisions of the
resolution authorizing the issuance of bonds or of the trust
indenture, any moneys in the sinking fund in excess of an amount
equal to [one] 1 year's interest on all the revenue bonds then
outstanding may be applied to the purchase or redemption of
revenue bonds. All bonds so purchased or redeemed forthwith
shall be cancelled.
422.
Any holder of bonds issued under the provisions of this
subtitle or of any of the coupons attached thereto, and the
trustee under the trust indenture, if any, except to the extent
the rights herein given are restricted by resolution passed
before the issuance of the bonds or by the trust indenture,
either at law or in equity, by suit, action mandamus, or other
proceedings, may protect and enforce any and all rights under the
laws of Maryland or granted hereunder or under the resolution or
trust indenture, and may enforce and compel performance of all
duties required by this subtitle or by the resolution or trust
indenture to be performed by the Authority, the State, any
political subdivision thereof, or any officer thereof, including
the fixing, charging, and collecting of rates and charges for the
use of the facilities of the market AND THE PARK.
424.
The establishment of the market AND THE PARK under the
provisions of this subtitle is in all respects for the benefit of
the inhabitants of the State of Maryland or its political
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