HARRY HUGHES, Governor

3513

(b) In addition to,   but not in substitution of, the powers

which have been, or may    hereafter be, granted to it, such

legislative body also shall have the following express
ordinance-making powers:

(35) TO ESTABLISH A COMMERCIAL MANAGEMENT DISTRICT
AUTHORITY; TO SPECIFY ITS MEMBERSHIP, ORGANIZATION, JURISDICTION,
AND GEOGRAPHICAL LIMITS; TO SPECIFY FUNCTIONS OF THE AUTHORITY,

WHICH MAY INCLUDE PROMOTION, DEVELOPMENT, MARKETING, AND

PROVIDING SECURITY, MAINTENANCE, OR IMPROVEMENTS WITHIN THE
COMMERCIAL MANAGEMENT DISTRICT; AND TO PROVIDE FINANCING FOR THE

AUTHORITY THROUGH FEES OR TAXES WHICH MAY BE CHARGES TO

BUSINESSES SUBJECT TO THE AUTHORITY'S JURISDICTION. AN AUTHORITY
AUTHORIZED BY THIS PARAGRAPH MAY NOT HAVE THE POWER OF EMINENT
DOMAIN AND MAY NOT CONSTRUCT OR LEASE AS LANDLORD OFFICE OR

RETAIL SPACE. ANY FEES OR TAXES IMPOSED UNDER THIS PARAGRAPH

SHALL BE USED ONLY FOR THE PURPOSES STATED IN THIS PARAGRAPH AND
MAY NOT REVERT TO THE GENERAL FUND OF THE MUNICIPAL CORPORATION.

(35) (I) IN ACCORDANCE WITH THE PROVISIONS OF THIS
PARAGRAPH, TO ESTABLISH A COMMERCIAL DISTRICT MANAGEMENT
AUTHORITY FOR ANY COMMERCIAL DISTRICT WITHIN ITS GEOGRAPHICAL
LIMITS. AS TO EACH AUTHORITY IT ESTABLISHES, THE LEGISLATIVE
BODY SHALL:

1. SPECIFY THE MEMBERSHIP, ORGANIZATION,
JURISDICTION, AND GEOGRAPHICAL LIMITS OF THE AUTHORITY;

2. SPECIFY ONE OR MORE OF THE FOLLOWING
AS THE PURPOSES OF THE AUTHORITY;

                         A. PROMOTION;

B. MARKETING; AND

C. THE PROVISION OF SECURITY,

MAINTENANCE, OR AMENITIES WITHIN THE DISTRICT; AND

3.  PROVIDE SUCH FINANCING AS IT DEEMS
APPROPRIATE FOR THE AUTHORITY THROUGH FEES WHICH MAY BE CHARGED
TO, OR TAXES WHICH MAY BE LEVIED AGAINST, BUSINESSES SUBJECT TO
THE AUTHORITY'S JURISDICTION.

(II) AN AUTHORITY ESTABLISHED PURSUANT TO THIS
PARAGRAPH MAY NOT:

1. EXERCISE THE POWER OF EMINENT DOMAIN;

2. PURCHASE, SELL, CONSTRUCT, OR, AS A
LANDLORD, LEASE OFFICE OR RETAIL SPACE; OR

3. EXCEPT AS OTHERWISE AUTHORIZED BY LAW,
OTHERWISE ENGAGE IN COMPETITION WITH THE PRIVATE SECTOR.