The governing body of the County is authorized to create, by local law, a body corporate and politic and a unit of the County known as the "Revenue Authority of Prince George's County." The Authority shall be created when the County: Passes local laws providing and constituting the terms of the charter for the Authority; and Files the charter with: The Department of Assessments and Taxation; The Department of Legislative Reference; and The Secretary of State. The County may: Amend the Authority's charter through local law if the amendments are filed with the Department of Assessments and Taxation, the Department of Legislative Reference, and the Secretary of State; Change the structure, organization, program, powers, or activity of the Authority unless the change would impair the Authority's obligations under a contract or agreement the Authority entered into before the change; and Terminate the Authority unless the termination would impair the Authority's obligations under a contract or agreement the Authority entered into before the termination. Before the County establishes the Authority, the County shall hold a public hearing which: Shall be advertised twice by publication in a newspaper of general circulation in the County at least 10 days before the hearing; and May not be part of the annual budget hearing.