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HARRY HUGHES, Governor 2211
ex officio member, being entitled to [one] 1 vote. A vacancy in
the council does not impair the right of a quorum to exercise all
of the rights and perform all of the duties of the council. The
council may establish whatever other rules and regulations as may
be necessary for its own government.
417.
The political [subdivision] SUBDIVISIONS of the State in
which the market AND THE PARK [is] ARE located may vacate any or
all streets, alleys, or other public places required to assure
proper operation of the market AND THE PARK and the full and
complete utilization of [its] THEIR facilities, and may grant to
the Authority the exclusive right to use the vacated streets,
alleys, or other public places for the purpose of the market OR
THE PARK, subject to such terms and conditions and in such manner
as the political [subdivision] SUBDIVISIONS and the Authority may
lawfully agree upon.
418.
The State or any of its political subdivisions in which the
market AND THE PARK ARE [is] located may provide for cleaning the
market AND THE PARK and for the removal and disposition of refuse
from any areas of the market AND THE PARK, subject to such terms
and conditions and in such manner as the Authority and the State
or the political [subdivision] SUBDIVISIONS may lawfully agree
upon.
419.
(a) The Board of Public Works shall, upon recommendation of
the Authority and upon submission of a plan established to the
satisfaction of the Board of adequate support and participation
in the market by the food industry, by resolution or resolutions
duly adopted, issue a State loan to be known as "The Greater
Baltimore Region Consolidated Wholesale Food Market Loan"
evidenced by certificates of indebtedness issued at one time, or
in series from time to time, in an aggregate principal amount not
exceeding [four million dollars ($4,000,000)] $4,000,000 for the
purpose of providing funds for use by the Authority in carrying
out the purposes of this subtitle. The certificates evidencing
said loan may be issued all at one time or, in groups, from time
to time, as hereinafter provided. All of said certificates
evidencing said loan, or any group thereof, shall be issued
according to what is known as the serial annuity plan so worked
out as to discharge the principal represented by said
certificates within [fifteen (15)] 15 years from the time of its
issue; provided, however, that it shall not be necessary to
provide for the redemption of any part of the principal
represented by any certificates for the first [two (2)] 2 years
from the time of the issuance of said certificates.
(b) The Board of Public Works shall, and it is hereby
authorized and empowered to, pass a resolution or resolutions,
from time to time, determining and setting forth:
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