1168

LAWS OF MARYLAND

Ch. 283

INCLUDING WORKING CAPITAL FOR ITS OPERATIONS, RESERVE FUNDS, OR
INTEREST, AND TO MORTGAGE, PLEDGE OR OTHERWISE ENCUMBER THE
PROPERTY OR FUNDS OF THE AUTHORITY AND TO CONTRACT WITH OR ENGAGE
THE SERVICES OF ANY PERSON IN CONNECTION WITH ANY FINANCING,
INCLUDING FINANCIAL INSTITUTIONS, ISSUERS OF LETTERS OF CREDIT,
OR INSURERS;

(12)  TO SUBJECT TO THE PROVISIONS OF § 13-712 OF THIS
SUBTITLE, ISSUE BONDS UNDER THIS SUBTITLE;

(13)  SUBJECT TO THE APPROVAL OF THE BOARD OF PUBLIC
WORKS, RECEIVE AND ACCEPT FROM ANY SOURCE, PRIVATE OR PUBLIC,
CONTRIBUTIONS, GIFTS, OR GRANTS OF MONEY OR PROPERTY;

(14) MAKE LOANS FROM PROCEEDS OR FUNDS OTHERWISE
AVAILABLE TO THE EXTENT NECESSARY OR APPROPRIATE TO ACCOMPLISH
THE PURPOSES OF THE AUTHORITY;

(15) (14) EXERCISE ALL THE CORPORATE POWERS GRANTED
MARYLAND CORPORATIONS UNDER THE MARYLAND GENERAL CORPORATION LAW;

(16) (15) IMPOSE THE TAX AUTHORIZED UNDER THE
PROVISIONS OF ARTICLE 81, SECTION 402(B) 402(E) AND (F) OF THE
CODE; AND

(17) (16) DO ALL THINGS NECESSARY OR CONVENIENT TO
CARRY OUT THE POWERS GRANTED BY THIS SUBTITLE.

9-1209. 13-709.

(A)  AT LEAST 30 90 DAYS PRIOR TO SELECTING A FACILITY SITE,
THE AUTHORITY SHALL HOLD A PUBLIC HEARING WITHIN 5 MILES OF THE
SITE PROPOSED TO BE ACQUIRED FOR THE PURPOSE OF SOLICITING PUBLIC
COMMENT.

(B)  (1) AT LEAST 39 90. DAYS PRIOR TO THE PUBLIC HEARING
REQUIRED BY THIS SECTION, THE AUTHORITY SHALL NOTIFY THE LOCAL
GOVERNING BODY IN WHICH THE FACILITY IS PROPOSED TO BE LOCATED,
AND ADVERTISE THE NOTICE IN A NEWSPAPER OF GENERAL CIRCULATION IN
THAT LOCALITY.

(2) THE NOTICE REQUIRED BY THIS SUBSECTION SHALL
INCLUDE:

(I)  A DESCRIPTION OF THE SITE PROPOSED TO BE
ACQUIRED;

(II)  THE INTENDED USE OF THE SITE; AND

(III)  THE DATE, TIME, AND LOCATION OF THE
PUBLIC HEARING.

(C)  (1) AT LEAST 30 DAYS BEFORE ACQUIRING OR ENTERING INTO
A LEASE INVOLVING A FACILITY SITE AND BEFORE ENTERING INTO A
CONSTRUCTION CONTRACT INVOLVING A NEW FACILITY OR FACILITY SITE,