PARRIS N. GLENDENING, Governor

Ch. 539

ORGANIZATION OF THE AUTHORITY, UNLESS THE COUNTY EXPRESSLY PROVIDES
BY LAW THAT THE CHARTER PROVISION OR LAW APPLIES TO THE AUTHORITY.

12-106.

(A) THE AUTHORITY MAY ACQUIRE REAL AND PERSONAL PROPERTY AND
INTERESTS IN REAL AND PERSONAL PROPERTY IN ITS OWN NAME AND MAY
PLEDGE, MORTGAGE, ENCUMBER, SELL, LEASE, TRANSFER, OR CONVEY ANY
INTEREST IN ITS REAL AND PERSONAL PROPERTY TO THE COUNTY OR ANY PERSON.

(B) THE AUTHORITY MAY EXERCISE THE POWERS OF EMINENT DOMAIN IN
ORDER TO ACQUIRE IN ITS OWN NAME AVIGATION EASEMENTS THAT THE
AUTHORITY REQUIRES FOR THE OPERATION OR MAINTENANCE OF TIPTON
AIRPORT.

(C) (1) THE AUTHORITY MAY NOT EVER EXTEND ANY RUNWAY TO A
LENGTH IN EXCESS OF 4.000 FEET.

(2) THE AUTHORITY MAY NOT EXTEND A RUNWAY TO A LENGTH IN
EXCESS OF 3.000 FEET UNTIL:

(I) A PUBLIC MEETING IS HELD IN WHICH THE PROPOSED
EXTENSION IS EXPLAINED AND FOR WHICH THE COMMENTS ARE ACCEPTED; AND

(II) FINAL APPROVAL IS GRANTED BY AN AFFIRMATIVE MAJORITY
VOTE OF THE ANNE ARUNDEL COUNTY COUNCIL

12-107.

(A) EARNINGS OF THE AUTHORITY MAY NOT INURE TO THE BENEFIT OF
PRIVATE PERSONS.

(B) IN THE EVENT OF DISSOLUTION OF THE AUTHORITY. THE TITLE TO ALL
PROPERTY FINANCED BY THE PROCEEDS OF BONDS, NOTES, OR OTHER EVIDENCES
OF INDEBTEDNESS ISSUED BY THE AUTHORITY SHALL REVERT TO THE COUNTY.

12-108.

(A) IT IS THE INTENT OF THIS TITLE THAT THE AUTHORITY BE A
"CONSTITUTED AUTHORITY" WITHIN THE MEANING OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED, AND THE RELEVANT REGULATIONS, RULINGS, AND
PROCEDURES.

(B) THE POWERS OF THE AUTHORITY SHALL BE CONSTRUED TO GIVE
EFFECT OF THIS INTENT.

12-109.

IT IS THE PURPOSE OF THIS TITLE TO PROVIDE FOR THE MAINTENANCE AND
OPERATION OF TIPTON AIRPORT IN A PRUDENT AND ECONOMICAL MANNER, AND
THIS TITLE SHALL BE LIBERALLY CONSTRUED AS GIVING TO THE AUTHORITY FULL
AND COMPLETE POWER REASONABLY REQUIRED TO GIVE EFFECT TO THE
PURPOSES OF THE AUTHORITY AS PROVIDED BY THIS TITLE. THE PROVISIONS OF

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