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PARRIS N. GLENDENING, Governor
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Ch. 185
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[(17)] (19) Impose the admissions and amusement tax authorized under
§ 4-102 of the Tax - General Article; and
[(18)] (20) Do all things necessary or convenient to carry out the powers
granted by this subtitle.
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;
(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; OR
(V) IF APPROPRIATED FOR A HIPPODROME PERFORMING ARTS
CENTER FACILITY, THE HIPPODROME PERFORMING ARTS CENTER FINANCING FUND.
(e) For any acquisition of real or personal property, or interest in property
other than the Camden Yards site, Baltimore Convention Center site, Ocean City
Convention Center site, or Hippodrome Performing Arts Center site, in any county
where planning, zoning, and development regulations have legal status, the Authority
AND ANY AUTHORITY AFFILIATE shall comply with and is subject to those regulations
to the same extent as a private commercial or industrial enterprise.
13-712.
(a) (1) (i) Subject to the prior approval of the Board of Public Works and
the provisions of subparagraphs (ii), (iii), (iv), [and] (v), AND (VI) 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.
(VI) 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 HIPPODROME PERFORMING ARTS CENTER FACILITY IF, AFTER ISSUANCE,
THERE WOULD BE OUTSTANDING AND UNPAID MORE THAN $12,000,000 FACE
AMOUNT OF SUCH BONDS, WHETHER TAXABLE OR TAX EXEMPT, FOR THE PURPOSE
OF FINANCING ACQUISITION, CONSTRUCTION, AND RELATED EXPENSES FOR
CONSTRUCTION MANAGEMENT, PROFESSIONAL FEES, AND CONTINGENCIES OF THE
HIPPODROME PERFORMING ARTS CENTER FACILITY.
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- 915 -
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