Ch. 737

1997 LAWS OF MARYLAND

(5) MAKE, EXECUTE, AND ENTER INTO ANY CONTRACTS OR OTHER
LEGAL INSTRUMENTS;

(6) SUE AND BE SUED IN ITS OWN NAME;

(7) ACQUIRE, CONSTRUCT, DEVELOP, MANAGE, MARKET,
RECONSTRUCT, REHABILITATE, IMPROVE MAINTAIN, EQUIP, LEASE AS LESSOR OR
AS LESSEE, REPAIR, AND OPERATE ANY PROJECT AT FORT RITCHIE;

(8) ACQUIRE, PURCHASE, HOLD, LEASE AS LESSEE, AND USE ANY
FRANCHISE, PATENT, OR LICENSE AND ANY PROPERTY WHETHER REAL, PERSONAL,
MIXED, OR TANGIBLE OR INTANGIBLE, OR ANY INTEREST IN SUCH PROPERTY,
NECESSARY OR CONVENIENT FOR CARRYING OUT THE PURPOSES OF THE
CORPORATION;

(9) SELL LEASE AS LESSOR, TRANSFER, AND DISPOSE OF ANY
PROPERTY OR INTEREST IN IT AT ANY TIME ACQUIRED BY IT;

(10) ACQUIRE, EITHER DIRECTLY OR BY OR THROUGH ANY
AGREEMENT WITH THE U.S. ARMY, BY PURCHASE OR BY GIFT OR DEVISE ANY
LANDS, STRUCTURES, PROPERTY, WHETHER REAL OR PERSONAL, RIGHTS,
RIGHTS-OF-WAY, FRANCHISES, EASEMENTS, AND OTHER INTERESTS IN LANDS,
INCLUDING LANDS LYING UNDER WATER AND RIPARIAN RIGHTS WHICH ARE
LOCATED WITHIN OR WITHOUT THE STATE THAT IT DEEMS NECESSARY OR
CONVENIENT FOR THE CONSTRUCTION, IMPROVEMENT, REHABILITATION, OR
OPERATION OF A PROJECT, UPON ANY TERMS AND AT ANY PRICES THAT IT
CONSIDERS TO BE REASONABLE;

(11) ACQUIRE REAL PROPERTY OR RIGHTS OR EASEMENTS IN IT BY
CONDEMNATION FOR PROJECTS IN ACCORDANCE WITH ALL LAWS APPLICABLE TO
THE CONDEMNATION OF PROPERTY FOR PUBLIC USE;

(12) (11) BORROW MONEY AND ISSUE BONDS FOR THE PURPOSE OF
FINANCING OR REFINANCING ALL OR ANY PART OF THE COST OF ANY ONE OR
MORE PROJECTS OR FOR ANY OTHER CORPORATE PURPOSE OF THE CORPORATION;
SECURE THE PAYMENT OF SUCH BORROWING OR ANY PART BY PLEDGE OF OR
MORTGAGE OR DEED OF TRUST ON ALL OR ANY PART OF ITS PROPERTIES OR
REVENUES; COMBINE PROJECTS FOR FINANCING, MAKE AGREEMENTS WITH OR FOR
THE BENEFIT OF THE PURCHASERS OR HOLDERS OF BONDS OR WITH OTHERS IN
CONNECTION WITH THE ISSUANCE OF ANY BONDS, WHETHER ISSUED OR TO BE
ISSUED, THAT THE CORPORATION DEEMS ADVISABLE; AND OTHERWISE PROVIDE
FOR THE SECURITY OF SUCH BONDS AND THE RIGHTS OF THE HOLDERS OF THEM;

(13) (12) FIX, REVISE FROM TIME TO TIME, AND COLLECT RATES,
RENTALS, FEES, AND CHARGES FOR THE USE OF OR FOR SERVICES AND FACILITIES
PROVIDED OR MADE AVAILABLE BY THE CORPORATION;

(14) (13) ENTER WITH THE PERMISSION OF THE OWNER UPON LANDS,
WATERS, OR PREMISES FOR THE PURPOSE OF MAKING. SURVEYS, SOUNDINGS,
BORINGS. AND EXAMINATIONS TO ACCOMPLISH ANY PURPOSE AUTHORIZED BY
THIS SUBTITLE;

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