WILLIAM DONALD SCHAEFER, Governor
(c) The Authority may issue its bonds without obtaining the
consent of any other unit of State government, and without any
proceedings, or the occurrence of any conditions, other than
those expressly required by this subtitle. Prior to the issuance
of any bonds by the Authority, the Authority shall notify the
State Board of Public Works of its intention to issue the bonds
up to a stated amount and the Board of Public Works may
coordinate the issuance of the bonds with any intended issuance
of bonds of the State, its agencies, and public
instrumentalities; however, the failure to notify the Board of
Public Works shall not affect in any way:
(1) The validity or enforceability of any bonds
issued by the Authority;
(2) The validity of any finding or determination by
the Authority under this subtitle; or
(.3) The validity or enforceability of any agreement
entered into by the Authority under this subtitle.
(d) When bonds are issued by the Authority, it is in the
interest of the public welfare and purpose that the Authority
attempt to achieve a goal that 10 percent of the facility users
are minority business enterprises within the meaning indicated in
§ 18-601 of the State Finance and Procurement Article; however,
the failure to achieve the goal shall not affect in any way:
(1) The validity or enforceability of any bonds
issued by the Authority;
(2) The validity of any finding or determination by
the Authority under this subtitle; or
(3) The validity or enforceability of any agreement
entered into by the Authority under this subtitle.
(e) Prior to the issuance and sale of bonds by the
Authority, the legislative body of the county or municipality in
which the facility to be financed with the proceeds of the bonds
is to be located, shall adopt a resolution which shall:
(1) Be administrative in nature, not subject to the
procedures required for legislative acts and not subject to
referendum;
(2) Specify and describe the facility; and
(3) Generally describe the public purpose to be
served by the facility.
(f) Except for the Authority's insurance (if any), bonds
issued by the Authority and the interest on them are limited
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