Ch. 583                                    1997 LAWS OF MARYLAND

(2)     The Commission may receive and spend any grant or gift budgeted or
provided for it.

(3)     (i) The Commission is encouraged to make use of its facilities,
equipment, and other resources to provide services that may generate additional income.

(ii) 1.          All income referred to in subparagraph (i) of this

paragraph and any grants, gifts, legacies, bequests and endowments that are received by
the Commission shall be deposited into a nonlapsing, special fund known as the Historic
St. Mary's City Fund.

2.       The portion of the Fund representing the income referred to
in subparagraph (i) of this paragraph shall be budgeted for the Commission's general
operating expenses to supplement the appropriation by the State of general funds.

3.       Unless otherwise specified by the donor, the portion of the
Fund representing grants, gifts, legacies, bequests and endowments shall be budgeted for
the development of programs and facilities at Historic St. Mary's City and may be
available for the Commission's budgeted operating expenses only if necessary to resolve a
shortfall in the amount of funds available for operating purposes.

4.       The State Treasurer shall hold and the State Comptroller
shall account for the Historic St. Mary's City Fund. The Fund shall be invested and
reinvested. Any investment earnings shall be paid into the Fund.]

[5-209:

The Commissioners may request, and upon request shall receive from the Attorney
General of the State of Maryland, all legal counsel and services necessary to carry out the
purposes of the Commission.]

[ 5-210.

The Commission may receive and the State may pay over and transfer to the
Commission, from time to time, moneys or property to carry out the purposes of the
Commission.]

[5-211.

The Commission may procure, sell, convey, assign, lease, or otherwise purchase,
transfer, or dispose of any property acquired or held by it and enter into any contracts
incident thereto, including but not limited to the authority to lease properties for
residential or commercial use, for such term and such conditions as the Commission
deems appropriate; except that leases made by the Commission shall be in immediate
furtherance of the purposes of the Commission and not merely for investment purposes;
and except that valuable lands and buildings transferred to the Commission by the State
or purchased by the Commission with funds provided by the State shall not be conveyed
or disposed of without the approval of the Board of Public Works. For the purposes of
this section the term "valuable" shall mean any property or thing in excess of $5,000.00 in
value.]

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