PARRIS N. GLENDENING, Governor                            H.B. 937

(vi) The fiscal impact on the State of any alternatives;
13-709.

(b) The Authority may:

(1)     Acquire by any of the means specified in § 13-711(a) of this subtitle a:
(i) Site at Camden Yards for a facility;

(ii) Baltimore Convention Center site or any interest therein; [and]

(iii) Ocean City Convention Center site or any interest therein; and

(IV) MONTGOMERY COUNTY CONFERENCE CENTER SITE OR ANY
INTEREST THEREIN; AND

(2)     Construct or enter into a contract to construct [the] A facility on that
site.

13-711.

(d) (3) Lease payments to the Maryland Stadium Authority appropriated by the
State of Maryland shall be transferred to:

(i) If appropriated for a sports facility or other facility at Camden
Yards, the Maryland Stadium Authority Financing Fund;

(ii) If appropriated for a Baltimore Convention Center facility, the
Baltimore Convention Center Fund; [ or]

(iii) If appropriated for an Ocean City Convention Center facility, the
Ocean City Convention Center Fund; OR

(IV)   IF APPROPRIATED FOR A MONTGOMERY COUNTY
CONFERENCE CENTER FACILITY, THE MONTGOMERY COUNTY CONFERENCE
CENTER FUND.

13-712.

(a) (1) (i) Subject to the prior approval of the Board of Public Works and the
provisions of subparagraphs (ii), (iii), [and] (iv), AND (V) of this paragraph, the
Authority may at any time and from time to time issue bonds for any corporate purpose,
including the establishment of reserves and the payment of interest. In this subtitle the
term "bonds" includes notes of any kind, interim certificates, refunding bonds, or any
other evidence of obligation and "tax supported debt" of the State has the meaning
assigned to such term in § 8-104 of the State Finance and Procurement Article.

(V)     UNLESS AUTHORIZED BY THE GENERAL ASSEMBLY, THE
BOARD OF PUBLIC WORKS MAY NOT GIVE APPROVAL TO AN ISSUANCE BY THE
AUTHORITY OF BONDS THAT CONSTITUTE TAX SUPPORTED DEBT OF THE STATE
FOR THE MONTGOMERY COUNTY CONFERENCE CENTER FACILITY IF, AFTER
ISSUANCE, THERE WOULD BE OUTSTANDING AND UNPAID MORE THAN $21,000,000
$17.604.000 FACE AMOUNT OF SUCH BONDS, WHETHER TAXABLE OR TAX EXEMPT,

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