PARRIS N. GLENDENING, Governor                             Ch. 603

(8)     Determine the locations of, develop, establish, construct, erect, acquire,
own, repair, remodel, add to, extend, improve, equip, operate, regulate, maintain, and
contribute to the maintenance and operating costs of facilities to the extent necessary to
accomplish the purposes of the Authority;             

(9)     Subject to the provisions of § 13-711 of this subtitle, acquire, hold, lease
(as lessor or lessee), use, encumber, transfer, or dispose of real and personal property;

(10)   Enter into contracts of any kind, and execute all instruments necessary
or convenient with respect to its carrying out the powers in this subtitle to accomplish the
purposes of the Authority;

(11)   Regulate the use and operation of facilities developed under the
provisions of this subtitle;

(12)   Fix and revise from time to time and charge and collect rates, rents, fees,
or other charges for the use of facilities or for services rendered in connection with the
facilities;

(13)   Subject to the approval of the Board of Public Works, borrow money
from any source for any corporate purpose, including working capital for its operations,
reserve funds, or interest, and to mortgage, pledge, or otherwise encumber the property
or funds of the Authority and to contract with or engage the services of any person in
connection with any financing, including financial institutions, issuers of letters of credit,
or insurers;

(14)   Subject to the provisions of § 13-712 of this subtitle, issue bonds under
this subtitle;

(15)   Subject to the approval of the Board of Public Works, receive and accept
from any source, private or public, contributions, gifts, or grants of money or property and
invest the funds or proceeds in whole or in part;

(16)   Exercise all the corporate powers granted Maryland corporations under
the Maryland General Corporation Law;

(17)   Impose the admissions and amusement tax authorized under § 4-102 of
the Tax - General Article; and

(18)   Do all things necessary or convenient to carry out the powers granted by
this subtitle.

(b) (1) An Authority sports facility may not be used to conduct professional
basketball games.

(2) The Authority may not construct or enter into a contract to construct a
sports facility other than at Camden Yards without the further approval of the General
Assembly.

13-709.

(a) Contracts for the acquisition of any facility site or the construction of the
facility or facility site shall receive the prior approval of the Board of Public Works.

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