PARRIS N. GLENDENING, Governor

Ch. 601

(6) (8) APPOINT ADVISORY COMMITTEES COMPOSED OF LOCAL
OFFICIALS, REPRESENTATIVES OF THE BUSINESS COMMUNITY AND PRESERVATION
COMMUNITIES, AND REPRESENTATIVES OF OTHER INTERESTS AS THE AUTHORITY
DEEMS APPROPRIATE;

(7) DESIGNATE HERITAGE AREAS IN ACCORDANCE WITH § 13-1112 OF
THIS SUBTITLE;

(8)     APPROVE OR REJECT MANAGEMENT PLANS FOR HERITAGE AREAS
IN ACCORDANCE WITH § 13-1113 OF THIS SUBTITLE;

(9)     SUBJECT TO ANNUAL APPROPRIATIONS AND THE PRIOR APPROVAL
OF THE BOARD OF PUBLIC WORKS, ACQUIRE IN ITS OWN NAME, BY GIFT OR
PURCHASE, ANY REAL OR PERSONAL PROPERTY, OR INTERESTS IN PERSONAL
PROPERTY; NECESSARY OR CONVENIENT TO SUPPORT A CERTIFIED HERITAGE
AREA AND CARRY OUT THE RESPONSIBILITIES OF THE AUTHORITY UNDER THIS
SUBTITLE;

(10) SUBJECT TO ANNUAL APPROPRIATION AND TO THE PRIOR
APPROVAL OF THE BOARD OF PUBLIC WORKS, ACQUIRE IN ITS OWN NAME, BY GIFT
OR PURCHASE, ANY REAL PROPERTY OR INTERESTS IN REAL PROPERTY
NECESSARY OR CONVENIENT TO SUPPORT A CERTIFIED HERITAGE AREA AND
CARRY OUT THE RESPONSIBILITIES OF THE AUTHORITY UNDER THIS SUBTITLE;

(10) (11) ENTER INTO CONTRACTS OF ANY KIND AND EXECUTE ALL
INSTRUMENTS NECESSARY OR CONVENIENT TO CARRY OUT ITS POWERS UNDER
THIS SUBTITLE;

(11) (12) MAKE AND PARTICIPATE IN MAKING LOANS OR GRANTS, OR
OTHERWISE PROVIDE FINANCIAL ASSISTANCE FOR ANY PROJECT THAT SERVES TO
PRESERVE, DEVELOP, MAINTAIN, OR PROTECT A STATE DESIGNATED HERITAGE
AREA;

(12) (13) (I) BORROW MONEY FROM ANY SOURCE FOR ANY CORPORATE
PURPOSE PURPOSE OF THIS SUBTITLE, INCLUDING CAPITAL FOR ITS OPERATIONS,
RESERVE FUNDS, OR INTEREST;

(II) MORTGAGE, PLEDGE, OR OTHERWISE ENCUMBER THE
PROPERTY AND FUNDS OF THE AUTHORITY; AND

(III) CONTRACT WITH OR ENGAGE THE SERVICES OF ANY PERSON
FOR ANY FINANCING, INCLUDING UNDERWRITERS, PLACEMENT AGENTS,
FINANCIAL INSTITUTIONS, ISSUERS OF LETTERS OF CREDIT, OR INSURERS;

(13) (14) SUBJECT TO PART TV OF THIS SUBTITLE, ISSUE BONDS;

(14) (15) RECEIVE AND ACCEPT FROM ANY PUBLIC OR PRIVATE
SOURCE CONTRIBUTIONS, GIFTS, OR GRANTS OF MONEY OR PROPERTY;

(15) (16) EXERCISE ALL THE CORPORATE POWERS GRANTED
MARYLAND CORPORATIONS UNDER THE MARYLAND GENERAL CORPORATION
LAW; AND

- 3473 -