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Session Laws, 1993
Volume 772, Page 2169   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                         Ch. 400

(3) Lease payments to the Maryland Stadium Authority appropriated by the
State of Maryland shall be transferred to:

(I)      IF APPROPRIATED FOR A SPORTS FACILITY OR OTHER
FACILITY AT CAMDEN YARDS, the Maryland Stadium Authority Financing Fund; OR

(II)     IF APPROPRIATED FOR A CONVENTION CENTER FACILITY, THE
CONVENTION CENTER FUND.

(e)     For any acquisition of real or personal property, or interest in property other
than the Camden Yards site, OR CONVENTION CENTER SITE, in any county where
planning, zoning, and development regulations have legal status, the Authority shall
comply with and is subject to those regulations to the same extent as a private commercial
or industrial enterprise.

(f)      The Authority shall:

(1)     In cooperation with the City of Baltimore, appoint a task force that
includes residents and business and institutional representatives from the area adjacent to
Camden Yards for the purpose of reviewing the schematic, preliminary, and final plans
FOR FACILITIES AT CAMDEN YARDS;

(2)     Submit schematic plans for development of CAMDEN YARDS AND THE
CONVENTION CENTER [the site] SITES to the City of Baltimore for review and
comment before acquiring any property;

(3)     Submit preliminary and final plans FOR FACILITIES to the City of
Baltimore for review and comment; and

(4)     Participate in the design review processes currently established by the
City of Baltimore.

(g)     This section does not affect the right of the Authority to acquire an option or
institute any condemnation proceeding for later acquisition of the property once the
approval required by this section is obtained.

13-712.

(a) (1) (i) Subject to the prior approval of the Board of Public Works and the
provisions of [subparagraph] SUBPARAGRAPHS (ii) AND (III) of this paragraph, the
Authority may at any time and from time to time issue bonds for any corporate purpose,
including the establishment of reserves and the payment of interest. In this subtitle the
term "bonds" includes notes of any kind, interim certificates, refunding bonds, or any
other evidence of obligation AND "TAX SUPPORTED DEBT" OF THE STATE HAS THE
MEANING ASSIGNED TO SUCH TERM IN § 8-104 OF THE STATE FINANCE AND
PROCUREMENT ARTICLE.

(ii) 1. Unless authorized by the General Assembly, the Board of
Public Works may not give approval to an issuance of bonds FOR SPORTS FACILITIES AT
CAMDEN YARDS WHICH CONSTITUTE TAX SUPPORTED DEBT OF THE STATE, if after
issuance there would be outstanding and unpaid $235 million face amount of bonds
WHICH CONSTITUTE TAX SUPPORTED DEBT OF THE STATE, whether taxable or tax

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Session Laws, 1993
Volume 772, Page 2169   View pdf image
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