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2208 LAWS OF MARYLAND Ch. 675
owned or otherwise held or controlled by any private, public or
quasi-public corporation, partnership, association, person, or
other legal entity and charge to and equitably apportion between
such private, public or quasi-public corporation, partnership,
association, person, or other legal entity all or a portion of
the Authority's administrative costs and expenses incurred in its
exercise of the powers and duties conferred by this subtitle.
However, if the Authority finances any private, public or
quasi-public corporation, partnership, association, person or
other legal entity to carry out the purposes of this subtitle as
hereinabove provided, no part of the proceeds shall be expended
for actually constructing, erecting, altering, expanding,
improving, or equipping any building, structure, or facility for
the purposes contemplated by this subtitle (as distinguished from
funds which are necessary to be expended in connection with the
acquisition of land or property or the preparation of plans or
the employment of assistants, aides, or employees of the
Authority, or other matters or things which are usually and
generally preliminary to the commencement of actual construction
work) until the Authority, with the approval of the Board of
Public Works of the State, has entered into a binding contract
with the private, public, or quasi-public corporation,
partnership, association, person or other legal entity secured to
the satisfaction of the Board of Public Works under the terms of
which the private, public, or quasi-public corporation,
partnership, association, person, or other legal entity is
obligated to pay to the Authority or its designee a sum to
provide for the payment of (1) the interest upon the bonds sold
pursuant to the provisions of this subtitle as the interest falls
due, (2) the principal of the bonds as it falls due, (3) the
necessary fiscal agency charges for paying principal and interest
and any charges or fees fixed by the Authority for its
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,
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