826

LAWS OF MARYLAND

Ch. 255

other expenses necessary or incident to determining the
feasibility or practicability of such construction,
administrative expense and such other expenses as may be
necessary or incident to the financing herein authorized and to
the construction and establishment of the market or the park; and
the placing of them in operation.

414.

The Authority shall have perpetual existence and may:

(c)  (2) In carrying out its duties and responsibilities,
the Authority shall comply with [§ 14G of this article] ARTICLE
21, § 8-601 OF THE CODE and the minimum minority business
participation requirements enumerated therein. In addition, the
Authority shall take affirmative steps to include minority
businesses in its markets and the park to at least the same
extent as required by [§ 14G] ARTICLE 21, § 8-601 OF THE CODE;

419.

(d)   In order to provide for the selling of the certificates
of indebtedness aforesaid, to be issued under the provisions of
this section, the Board of Public Works is hereby directed to
advertise once before the said certificates of indebtedness or
any part [thereof,] THEREOF shall be issued, in 2 newspapers
published in the City of Baltimore and in such other manner as
the Board of Public Works in its discretion may determine, that
the Treasurer of the State will be in readiness at a time within
20 days after the expiration of said notice to receive sealed
bids at such place or places as may be named in said respective
advertisements for certificates of indebtedness issued under the
provisions of the section, under such regulations as may be made
in the discretion of the Board of Public Works; and the accrued
interest between the date of the certificates of indebtedness and
the time of sale and delivery of and payments for said
certificates of indebtedness shall be adjusted with the purchaser
thereof under such regulations as may be made in the discretion
of the Board of Public Works; and upon the day and at the time
mentioned in said advertisement as the time for receipt of bids
for the said certificates of indebtedness, they shall receive
such sealed bids for the purchase of as many of such certificates
of indebtedness as may be mentioned or designated in said
advertisements; and on the opening of such sealed bids, as many
of said certificates of indebtedness as have been so bid for
shall be awarded by the Board of Public Works, to the highest
responsible bidder or bidders therefor for cash, if the prices
bid are adequate, in the judgment of the Board of Public Works,
and when 2 or more responsible bidders have made bids resulting
in the same net interest cost to the State and such bids are the
highest then such bonds shall be awarded by lot to one of such
responsible bidders; or if any insufficient price be bid for
them, they may be subsequently disposed of under the direction of
the Board of Public Works at a private sale upon the best terms
they can obtain for the same; provided they shall not be sold at
a private sale for less than par and accrued interest.