Ch. 588

LAWS OF MARYLAND

CHAPTER 588

(Senate Bill 539)

AN ACT concerning

Baltimore County - Baltimore County Revenue Authority -
Sale of Real Property - Notice

FOR the purpose of requiring the Baltimore County Revenue
Authority to post notice for a certain period in a
conspicuous location on the property site before the
conveyance, sale, or transfer of real property; requiring
the notice be posted during the period that certain
newspaper advertisements run; clarifying language; and
generally relating to the transfer of property by the
Baltimore County Revenue Authority.

BY repealing and reenacting, with amendments,

The Public Local Laws of Baltimore County
Section 29-4(b)(4)

Article 3 - Public Local Laws of Maryland
(1978 Edition and 1987 Supplement, as amended)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 3 - Baltimore County

29-4.

(b) The authority is hereby granted and shall have and may
exercise all powers necessary or convenient for the carrying out
of the aforesaid purposes, including, but without limiting the
generality of the foregoing, the following rights and powers:

(4) (I) To acquire, purchase, hold and use any
property, real, personal or mixed, tangible or intangible, or any
interest necessary or desirable for carrying out the purposes of
the authority, and (without limitation of the foregoing) to lease
as lessee any property, real, personal or mixed, or any interest
therein, for a term not exceeding ninety-nine (99) years at a
nominal rental or such annual rental as may be determined; [to]

(II) TO lease as lessor to the state or the
county, or to any political subdivision thereof, or to any person
any project at any time constructed by the authority, whether
wholly or partially completed, and any property, real, personal
or mixed, tangible or intangible, or any interest therein, at any
time acquired by the authority, whether wholly or partially
completed; and [to]

- 3612 -