PARRIS N. GLENDENING, Governor                                 Ch. 327

(C) WITH RESPECT TO THE PRIVATE SUITES, THE PERIOD OF REPAYMENT
SHALL BE NOT LONGER THAN:

(1) 30 YEARS FOR CONSTRUCTION AND FITTING OUT; AND

(2) 5 YEARS FOR FURNISHINGS.

13-712.1.

The Authority may not close on the sale of bonds which constitute tax supported
debt of the State, and may not otherwise borrow money in amounts exceeding $35,000 per
year, to finance any segment of a facility unless the Authority:

(4) Has secured, as approved by the Board of Public Works, either:

(i) With respect to site acquisition and the construction of a baseball
stadium, a long-term lease for a major league professional baseball team; or

(ii) With SUBJECT TO § 13-715.3 OF THIS SUBTITLE, WITH respect to
site acquisition and the construction of a football stadium, a franchise for a National
Football League team and a long-term lease WHICH SHALL INCLUDE A PROVISION
REQUIRING THE FOOTBALL TEAM THAT LEASES THE STADIUM TO AGREE TO
REIMBURSE THE AUTHORITY FOR $24 MILLION IN STADIUM CONSTRUCTION COSTS
INCLUDING THE CONSTRUCTION, FITTING OUT, AND FURNISHING OF THE PRIVATE
SUITES THAT ARE PART OF THE FOOTBALL STADIUM ON THE TERMS AND
CONDITIONS DETERMINED BY THE AUTHORITY;

13-715.2.

THE AUTHORITY SHALL TRANSFER TO THE PUBLIC SCHOOL CONSTRUCTION
FUND ESTABLISHED UNDER § 7-326 OF THE STATE FINANCE AND PROCUREMENT
ARTICLE THE SUM OF $24 MILLION BY MAKING AN ANNUAL PAYMENT OF $2.4
MILLION BEGINNING IN FISCAL YEAR 2001 AND ENDING IN FISCAL YEAR 2010.

13-715.3

(A) NOTWITHSTANDING ANY OTHER PROVISION OF LAW, A DOME MAY BE BUILT
OR ADDED ON A STADIUM AT CAMDEN YARDS ONLY IF AN ACT OF THE GENERAL
ASSEMBLY IS ENACTED THAT SPECIFICALLY AUTHORIZES THAT A DOME MAY BE BUILT
OR ADDED ON A STADIUM AT CAMDEN YARDS.

(B) DURING ANY PERIOD THAT MAJOR LEAGUE PROFESSIONAL BASEBALL
GAMES ARE PLAYED AT THE BASEBALL STADIUM AT CAMDEN YARDS, A MAJOR LEAGUE
PROFESSIONAL BASEBALL TEAM MAY NOT PLAY MAJOR LEAGUE PROFESSIONAL
BASEBALL GAMES ON A REGULAR BASIS ATA PROFESSIONAL SPORTS STADIUM IN THE
STATE OTHER THAN THE BASEBALL STADIUM AT CAMDEN YARDS, THAT IS:

(1) CONSTRUCTED IN PART WITH STATE FUNDS; OR

(2) BENEFITTED OR SUPPORTED BY STATE FUNDED TRANSPORTATION OR
OTHER INFRASTRUCTURE PROJECTS CONDUCTED DUE TO THE CONSTRUCTION OF THE
STADIUM.

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