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Ch. 73
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556
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LAWS OF MARYLAND
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(M) FACILITY USER. - "FACILITY USER" MEANS ANY FACILITY
USER WITHIN THE MEANING INDICATED IN THE MARYLAND ECONOMIC
DEVELOPMENT REVENUE BOND ACT.
(N) FINANCIAL ASSISTANCE. - "FINANCIAL ASSISTANCE" MEANS
ANY FINANCIAL ASSISTANCE PROVIDED BY THE AUTHORITY UNDER §
13-129, § 13-131, OR § 13-138 OF THIS SUBTITLE.
(O) MUNICIPALITY. - "MUNICIPALITY" MEANS A MUNICIPAL
CORPORATION SUBJECT TO THE PROVISIONS OF ARTICLE XI-E OF THE
CONSTITUTION OF THE STATE.
(P) PROPERTY. - "PROPERTY" MEANS ANY REAL PROPERTY OR
PERSONAL PROPERTY.
(Q) PUBLIC BODY. - "PUBLIC BODY" MEANS ANY PUBLIC BODY
WITHIN THE MEANING INDICATED IN THE MARYLAND ECONOMIC DEVELOPMENT
REVENUE BOND ACT OR THE MARYLAND ENERGY FINANCING ADMINISTRATION.
(R) PUBLIC PORT. - "PUBLIC PORT" MEANS ANY PUBLIC PORT
WITHIN THE MEANING INDICATED IN THE MARYLAND ECONOMIC DEVELOPMENT
REVENUE BOND ACT.
(S) RETAIL ESTABLISHMENT. - "RETAIL ESTABLISHMENT" MEANS
ANY ESTABLISHMENT SELLING GOODS OR SERVICES TO THE ULTIMATE USER
OR CONSUMER OF THOSE GOODS OR SERVICES, NOT FOR THE PURPOSE OF
RESALE, BUT FOR THAT USER'S OR CONSUMER'S PERSONAL RATHER THAN
BUSINESS USE.
(T) SECRETARY. - "SECRETARY" MEANS THE SECRETARY OF
ECONOMIC AND COMMUNITY DEVELOPMENT.
(U) TRANSACTION. - "TRANSACTION" MEANS ANY TRANSACTION WITH
RESPECT TO WHICH FINANCIAL ASSISTANCE IS OR WILL BE PROVIDED BY
THE AUTHORITY UNDER THIS SUBTITLE.
13-102.
(A) LEGISLATIVE FINDINGS. - THE GENERAL ASSEMBLY MAKES THE
FOLLOWING FINDINGS:
(1) CONDITIONS OF UNEMPLOYMENT EXIST IN MANY AREAS OF
THE STATE;
(2) THE ACQUISITION OF NEW FACILITIES AND EXISTING
FACILITIES IS ESSENTIAL TO RELIEVE THIS UNEMPLOYMENT AND TO
ESTABLISH A BALANCED ECONOMY WITHIN THE STATE;
(3) THE PRESENT AND PROSPECTIVE HEALTH, HAPPINESS,
SAFETY, RIGHT OF GAINFUL EMPLOYMENT, AND GENERAL WELFARE OF THE
CITIZENS OF EACH OF THE COUNTIES AND MUNICIPALITIES OF THE STATE
WILL BE PROMOTED BY THE ACQUISITION OF FACILITIES;
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