Ch. 494                                    1995 LAWS OF MARYLAND

14.     TO ACCEPT LOANS AND GRANTS OF MONEY, OR MATERIALS OR
PROPERTY AT ANY TIME FROM THE UNITED STATES OF AMERICA, THE
COMMONWEALTH OF VIRGINIA, THE STATE OF MARYLAND, THE DISTRICT OF
COLUMBIA, OR ANY AGENCY OR INSTRUMENTALITY THEREOF;

15.     TO ADOPT AN OFFICIAL SEAL AND ALTER THE SEAL AT ITS PLEASURE;

16.     SUBJECT TO CHAPTER I. ARTICLE IX, TO SUE AND BE SUED, PLEAD AND
BE IMPLEADED, ALL IN THE NAME OF THE AUTHORITY;

17.     TO EXERCISE ANY POWER USUALLY POSSESSED BY PRIVATE
CORPORATIONS PERFORMING SIMILAR FUNCTIONS, INCLUDING THE RIGHT TO
EXPEND, SOLELY FROM FUNDS PROVIDED UNDER THE AUTHORITY OF THIS ACT,
SUCH FUNDS AS MAY BE CONSIDERED BY THE AUTHORITY TO BE ADVISABLE OR
NECESSARY IN ADVERTISING ITS FACILITIES AND SERVICES TO THE TRAVELING
PUBLIC; AND

18.     TO DO ALL ACTS AND THINGS NECESSARY OR INCIDENTAL TO THE
PERFORMANCE OF ITS DUTIES AND THE EXECUTION OF ITS POWERS UNDER THIS
ACT.

ARTICLE IV

A. ACQUISITION OF PROPERTY

THE AUTHORITY IS HEREBY AUTHORIZED AND EMPOWERED TO ACQUIRE BY
PURCHASE, WHENEVER IT SHALL DEEM SUCH PURCHASE EXPEDIENT, SOLELY
FROM FUNDS PROVIDED UNDER THE AUTHORITY OF THIS ACT, SUCH LANDS,
STRUCTURES, RIGHTS-OF-WAY, PROPERTY, RIGHTS, FRANCHISES, EASEMENTS, AND
OTHER INTERESTS IN LANDS, INCLUDING LANDS LYING UNDER WATER AND
RIPARIAN RIGHTS, WHICH ARE LOCATED WITHIN THE METROPOLITAN
WASHINGTON, B.C. WASHINGTON METROPOLITAN AREA, AS IT MAY DEEM
NECESSARY OR CONVENIENT FOR THE CONSTRUCTION AND OPERATION OF THE
PROJECT, UPON SUCH TERMS AND AT SUCH PRICES AS MAY BE CONSIDERED BY IT
TO BE REASONABLE AND CAN BE AGREED UPON BETWEEN IT AND THE OWNER
THEREOF; AND TO TAKE TITLE THERETO IN THE NAME OF THE AUTHORITY.

ALL COUNTIES, CITIES, TOWNS AND OTHER POLITICAL SUBDIVISIONS AND ALL
PUBLIC AGENCIES AND AUTHORITIES OF THE SIGNATORIES, NOTWITHSTANDING
ANY CONTRARY PROVISION OF LAW, ARE HEREBY AUTHORIZED AND EMPOWERED
TO LEASE, LEND, GRANT, OR CONVEY TO THE AUTHORITY AT THE AUTHORITY'S
REQUEST, UPON SUCH TERMS AND CONDITIONS AS THE PROPER AUTHORITIES OF
SUCH COUNTIES, CITIES, TOWNS, POLITICAL SUBDIVISIONS, AGENCIES, OR
AUTHORITIES MAY DEEM REASONABLE AND FAIR AND WITHOUT THE NECESSITY
FOR ANY ADVERTISEMENT, ORDER OF COURT, OR OTHER ACTION OR FORMALITY,
OTHER THAN THE REGULAR AND FORMAL ACTION OF THE AUTHORITIES
CONCERNED, ANY REAL PROPERTY WHICH MAY BE NECESSARY OR CONVENIENT
TO THE EFFECTUATION OF THE AUTHORIZED PURPOSES OF THE AUTHORITY,
INCLUDING PUBLIC ROADS AND OTHER REAL PROPERTY ALREADY DEVOTED TO
PUBLIC USE.

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