§ 12–710

adopt bylaws for the conduct of its business;

adopt a seal;

sue or be sued;

maintain an office at a place it designates in Baltimore City;

make or accept and manage loans, grants, or assistance of any kind from the federal or State government, a local government, a college or university, a charitable institution, a nonprofit organization, a for–profit organization, or a private source;

make grants to individuals;

acquire properties in Baltimore City, directly or indirectly, from a person or political subdivision, to improve, manage, market, maintain, or lease, from a person or political subdivision for residential, commercial, or industrial development or redevelopment, including comprehensive renovation or rehabilitation of the land or property on terms the Authority considers reasonable to operate a project in Baltimore City, by:

acquire, purchase, hold, lease as lessee, and use:

finance all or part of the acquisition or improvement of a project;

sell, lease as lessor, transfer, license, assign, or dispose of property or a property interest that the Authority acquires;

fix and collect rates, rentals, fees, royalties, and charges for services and resources the Authority provides or makes available;

enter into contracts with any federal, State, or local government agency, a governmental unit, a college or university, charitable institutions, or a private entity or party;

exercise power usually possessed by a private corporation in performing similar functions unless to do so would conflict with State law;

with the owner’s permission, enter lands or premises to make a survey, a sounding, a boring, or an examination to accomplish the purpose authorized by this subtitle;

create, own, control, or be a member of a corporation, limited liability company, partnership, or any other entity;

create a special district benefit for the commercial businesses in the target area;

open a bank account with a national or local federally insured financial institution;

set salaries in accordance with the jurisdiction market rate and outside the State Personnel and Pension System;

create a forum for stakeholders to come together on creating a 20–year comprehensive plan around economic, housing, transportation, neighborhood, and green space development within the target zone;

serve as a clearinghouse and resource center for promoting coordination and communication on development opportunities for the West North Avenue Corridor;

ensure money is being spent effectively and efficiently on development and that development is happening in the appropriate way for the West North Avenue Corridor;

provide advisory services to State and Baltimore City agencies on planning and development for the target area;

initiate, fund, and monitor for efficiency and effectiveness economic, housing, transportation, neighborhood, and green space development within the target area;

make rules and regulations for the operation and use of land, property, and undertakings under the Authority’s jurisdiction; and

do all things necessary or convenient to carry out the powers expressly granted by this subtitle.