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<section article="gec" article_name="Economic Development" number="10-613" title_number="10" title_name="Statewide Development Resources and Revenue Authorities" subtitle_number="6" subtitle_name="Maryland Stadium Authority">
  <level label="a">
    <text>The Authority may:</text>
    <level label="1">
      <text>adopt a seal;</text>
    </level>
    <level label="2">
      <text>sue and be sued;</text>
    </level>
    <level label="3">
      <text>adopt bylaws and policies;</text>
    </level>
    <level label="4">
      <text>adopt regulations to carry out this subtitle in accordance with the Administrative Procedure Act;</text>
    </level>
    <level label="5">
      <text>have an office at the place the Authority designates;</text>
    </level>
    <level label="6">
      <text>appoint advisory committees composed of local officials, business interests, representatives of the convention, hotel, and tourism business, and other experts as appropriate;</text>
    </level>
    <level label="7">
      <text>subject to § 10–620 of this subtitle, acquire, lease as landlord or tenant, hold, encumber, or dispose of property;</text>
    </level>
    <level label="8">
      <text>enter into contracts and execute the instruments necessary or convenient to carry out this subtitle to accomplish its purposes;</text>
    </level>
    <level label="9">
      <text>determine the locations of, develop, establish, acquire, own, improve, operate, maintain, and contribute to the maintenance and operating costs of facilities as necessary to accomplish its purposes;</text>
    </level>
    <level label="10">
      <text>regulate the use and operation of facilities developed under this subtitle;</text>
    </level>
    <level label="11">
      <text>fix and collect rents, fees, and other charges for the use of facilities or for services rendered in connection with the facilities;</text>
    </level>
    <level label="12">
      <text>subject to Parts IV and V of this subtitle, issue bonds;</text>
    </level>
    <level label="13">
      <text>exercise the corporate powers of Maryland corporations under the Maryland General Corporation Law;</text>
    </level>
    <level label="14">
      <text>with respect to site acquisition, construction, and development of the Hippodrome Performing Arts facility and the Hagerstown Multi–Use Sports and Events Facility, establish and participate in Authority affiliates;</text>
    </level>
    <level label="15">
      <text>impose the admissions and amusement tax authorized under § 4–102 of the Tax – General Article; and</text>
    </level>
    <level label="16">
      <text>do all things necessary or convenient to carry out the powers granted by this subtitle.</text>
    </level>
  </level>
  <level label="b">
    <text>The Authority may review and make recommendations on proposed convention center facilities, the Hippodrome Performing Arts facility, the Hagerstown Multi–Use Sports and Events Facility, and a Prince George’s County Blue Line Corridor facility, including the expansion and enhancement of the Baltimore City Convention Center and the Ocean City Convention Center and the development and construction of the Montgomery County Conference Center, the Hippodrome Performing Arts Center, the Hagerstown Multi–Use Sports and Events Facility, and a Prince George’s County Blue Line Corridor facility with respect to location, purpose, design, function, capacity, parking, costs, funding mechanisms, and revenue alternatives, with specific recommendations on:</text>
    <level label="1">
      <text>the level of support from the private sector;</text>
    </level>
    <level label="2">
      <text>the type of support from the private sector;</text>
    </level>
    <level label="3">
      <text>special taxing sources;</text>
    </level>
    <level label="4">
      <text>projected revenues;</text>
    </level>
    <level label="5">
      <text>bonding authority and the source of debt service; and</text>
    </level>
    <level label="6">
      <text>the fiscal impact on the State of any revenue alternatives.</text>
    </level>
  </level>
</section>
