WILLIAM DONALD SCHAEFER, Governor                            Ch. 732

(2) IT MAY NOT PLEDGE THE FULL FAITH OR CREDIT OF THE CITY.

(3)      IT CANNOT EXTEND ITS LIFE WITHOUT CITY COUNCIL APPROVAL.

(4)      IT CANNOT IMPOSE TAXES OR CHARGES IN EXCESS OF THOSE
APPROVED BY THE BOARD OF ESTIMATES.

(5) IT CANNOT EXERCISE THE POWER OF EMINENT DOMAIN.

(6) EXCEPT AS OTHERWISE AUTHORIZED BY LAW, IT CANNOT ENGAGE
IN COMPETITION WITH THE PRIVATE SECTOR.

(7) ANY CHARGES OR TAXES COLLECTED PURSUANT TO THIS SECTION
SHALL BE USED ONLY FOR THE PURPOSES AUTHORIZED UNDER THIS SECTION AND
MAY NOT REVERT TO THE GENERAL FUND OF THE CITY.

(8)      IT MAY NOT BE AN AGENCY OF THE CITY OF BALTIMORE OR THE
STATE OF MARYLAND AND ITS OFFICERS AND EMPLOYEES ARE NOT AGENTS OR
EMPLOYEES OF THE CITY OF BALTIMORE OR THE STATE OF MARYLAND.

(9)      EMPLOYEES OF THE AUTHORITY SHALL RESIDE IN THE CITY OF
BALTIMORE.

(10) EXCEPT AS REQUIRED TO FACILITATE ITS NORMAL OPERATIONS, IT
MAY NOT INCUR DEBT.

(E) AN AUTHORITY CREATED UNDER THIS SECTION MAY NOT:

(1) EXERCISE ANY POLICE OR GENERAL POWERS OTHER THAN THOSE
AUTHORIZED BY STATE LAW AND CITY ORDINANCE;

(2)      PLEDGE THE FULL FAITH OR CREDIT OF THE CITY;

(3)      IMPOSE TAXES OR CHARGES IN EXCESS OF THOSE APPROVED BY
THE BOARD OF ESTIMATES;

(4) EXERCISE THE POWER OF EMINENT DOMAIN;

(5) EXTEND ITS LIFE WITHOUT THE APPROVAL OF THE CITY COUNCIL;

(6)      EXCEPT AS OTHERWISE PROVIDED BY LAW, ENGAGE IN
COMPETITION WITH THE PRIVATE SECTOR;

(7)      EXCEPT AS OTHERWISE PROVIDED IN SUBSECTION (I) OF THIS
SECTION, REVERT CHARGES OR TAXES COLLECTED PURSUANT TO THIS SECTION TO
THE GENERAL FUND OF THE CITY;

(8) BE AN AGENCY OF THE MAYOR AND CITY OF BALTIMORE OR THE
STATE OF MARYLAND NOR MAY AND ITS OFFICERS AND EMPLOYEES BE MAY NOT
ACT AS AGENTS OR EMPLOYEES OF THE MAYOR AND CITY OF BALTIMORE OR THE
STATE OF MARYLAND;

(9) EMPLOY INDIVIDUALS WHO RESIDE OUTSIDE THE CITY OF
BALTIMORE; AND

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