Ch. 603                                    1995 LAWS OF MARYLAND

(K) "OCEAN CITY CONVENTION CENTER FUND" MEANS THE OCEAN CITY
CONVENTION CENTER FINANCING FUND ESTABLISHED UNDER § 13-717 OF THIS
SUBTITLE.

(L) "OCEAN CITY CONVENTION CENTER SITE" MEANS THE SITE OF THE
EXISTING OCEAN CITY CONVENTION CENTER, AT 4001 COASTAL HIGHWAY, AND
ADDITIONAL LAND OWNED BY THE TOWN OF OCEAN CITY CONSISTING OF
APPROXIMATELY 3.0 ACRES LOCATED AT 3801 COASTAL HIGHWAY, APPROXIMATELY
3.2 ACRES LOCATED AT 200 41ST STREET, AND APPROXIMATELY 3.4 ACRES LOCATED
AT 200 42ND STREET.

13-708.

(a) In addition to the powers set forth elsewhere in this subtitle, the Authority
may:

(1)     Adopt and alter an official seal;

(2)     Sue and be sued, plead and be impleaded;

(3)     Adopt bylaws, rules, and regulations to carry out the provisions of this
subtitle, in accordance with the provisions of Title 10, Subtitle 1 of the State Government
Article;

(4)     Maintain an office at such place as the Authority may designate;

(5)     Employ, either as regular employees or independent contractors,
consultants, engineers, architects, accountants, attorneys, financial experts, construction
experts and personnel, superintendents, managers and other professional personnel,
personnel, and agents as may be necessary in the judgment of the Authority, and fix their
compensation;

(6)     Appoint advisory committees composed of local officials, business
interests, representatives of the convention, hotel, and tourism business, and such other
experts as may be appropriate;

(7)     Review and make recommendations on proposed convention center
facilities, including the expansion and enhancement of the Baltimore City Convention
Center AND THE OCEAN CITY CONVENTION CENTER, with respect to location, purpose,
design, function, capacity, parking, costs, funding mechanisms, and revenue alternatives,
with specific recommendations on:

(i)     The level of support from the private sector;

(ii)    The type of support from the private sector;

(iii)   Special taxing sources;

(iv)    Projected revenues;

(v)     Bonding authority and the source of debt service; and

(vi)    The fiscal impact on the State of any alternatives;

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