HARRY HUGHES, Governor

3515

that purpose, by a general law which in its terms and its effect
applies alike to all similarly classified municipal corporations,
the General Assembly hereby expressly authorizes all municipal
corporations in this State within the class created by § 10 of
this article for the purpose of financing the design,
construction, establishment, extension, alteration or acquisition
of adequate storm drainage systems, [and] for the purpose of
financing the design, acquisition, establishment, improvement,
extension, operation or alteration of public parking facilities,
or pedestrian malls, [and] for the purpose of financing the
design, acquisition, erection, construction, improvement and
maintenance of street and area lighting, AND FOR THE PURPOSE OF
FINANCING PROMOTION, DEVELOPMENT, AND COORDINATION OF BUSINESS
AND COMMERCE PURPOSES SET FORTH IN SECTION 2(B)(35) OF THIS
ARTICLE, to create within their respective corporate limits
special taxing districts for these purposes and to levy on all
real and personal property located within these special taxing
districts an ad valorem tax at a rate sufficient to provide
adequate annual revenues to pay the principal and interest on any
bonds or other obligations of the municipality issued for these
purposes as the principal and interest become due, and to pay the
costs of operating and maintaining these facilities AND
ACTIVITIES. These taxes shall be levied in the same manner, upon
the same assessments, for the same period or periods, and as of
the same date or dates of finality as are now or may hereafter be
prescribed.

Article 25 - County Commissioners

3.

(OO)(1) 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; TO ESTABLISH THE AUTHORITY AS A
SPECIAL TAXING DISTRICT; AND TO PROVIDE FINANCING FOR THE

AUTHORITY THROUGH FEES OR TAXES WHICH MAY BE CHARGED 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 BENEFIT OF THE DISTRICT AND ONLY FOR
THE PURPOSES STATED IN THIS PARAGRAPH AND MAY NOT REVERT TO THE
GENERAL FUND OF THE COUNTY.

(OO)(1) IN ACCORDANCE WITH THE PROVISIONS OF THIS
SUBSECTION, TO ESTABLISH A COMMERCIAL DISTRICT MANAGEMENT
AUTHORITY FOR ANY COMMERCIAL DISTRICT WITHIN ITS GEOGRAPHICAL
LIMITS.

(I) AS TO EACH AUTHORITY IT ESTABLISHES, THE
COUNTY COMMISSIONERS SHALL: