Ch. 311

LAWS OF MARYLAND

by the making of loans and otherwise those persons engaged in the
wholesale food industry who wish to locate in such market.

(3)  The public health and safety of the citizens of
the State of Maryland are adversely affected by the unsafe,
obsolete, and unsanitary conditions of existing food markets.

(4)  It is desirable and in the public interest that
these conditions be eliminated and corrected and that an
economical and modern method of marketing wholesale food in the
State of Maryland be established by the construction of a modern,
sanitary, and accessible market, that may include:

(i) Warehouse facilities used by wholesalers or
retailers principally engaged in the sale of food and used for
storage of food and beverages and such nonfood products as may be
sold from time to time in connection with the sale of food at
retail; and

(ii) Any ancillary or other appurtenant
facilities that the Authority determines to be advisable in order
to enhance the public convenience or public attractiveness of the
market, including but not limited to parking or other
transportation facilities, restaurants, shops, stores, banks, or
other commercial enterprises generally.

(5)  There exists a need and the opportunity to
capitalize on the vast resources of finfish and shellfish that
can be found off Maryland's coastal waters; development of the
seafood industry on the Eastern Shore could provide an
opportunity for the State to capitalize on these resources, could
create new jobs, and could produce other economic benefits to the
State; a centralized seafood park is necessary for the
development of these resources and the ensuing economic benefits;
the development of the park and these resources would be in the
public interest and can best be accomplished through the Maryland
Food Center Authority.

(6)  It appears that sufficient revenue will be
derived from the operation of the market and park to amortize the
cost thereof within a reasonable period, and it is therefore
deemed proper that the development of the market and park be
defrayed insofar as practicable by the issuance of bonds payable
solely from the revenue derived from market and park operations;
but it may be necessary that a part of said bonds bear the full
faith and credit of the State of Maryland.

[13-103.] 6-103.

(a) A body corporate and politic, to be known as "The
Maryland Food Center Authority" is created to be an
instrumentality of the State of Maryland and a public corporation
by that name, style and title. It may contract and be contracted

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