<?xml version='1.0' encoding='utf-8'?>
<section article="gec" article_name="Economic Development" number="12-801" title_number="12" title_name="Local Development Authorities and Resources" subtitle_number="8" subtitle_name="Baltimore County -- West Baltimore County Redevelopment Authority">
  <level label="a">
    <text>In this subtitle the following words have the meanings indicated.</text>
  </level>
  <level label="b">
    <text>“Authority” means the West Baltimore County Redevelopment Authority established under this subtitle.</text>
  </level>
  <level label="c">
    <text>“Bond” or “bonds” means revenue bonds or notes, including bond anticipation notes and notes in the nature of commercial paper, or other instruments, certificates, or evidences of obligation issued and sold or offered for sale by the redevelopment authority, including refunding obligations.</text>
  </level>
  <level label="d">
    <text>“Cost” means the cost or expense associated with:</text>
    <level label="1">
      <text>all land, property, rights, easements, franchises, and licenses or interests therein deemed necessary for any undertaking authorized by this subtitle;</text>
    </level>
    <level label="2">
      <text>all labor, materials, machinery, furnishings, and equipment;</text>
    </level>
    <level label="3">
      <text>financing charges;</text>
    </level>
    <level label="4">
      <text>establishment of reserves;</text>
    </level>
    <level label="5">
      <text>interest prior to and during construction and for a reasonable period after completion of construction;</text>
    </level>
    <level label="6">
      <text>engineering, architectural, and legal services;</text>
    </level>
    <level label="7">
      <text>plans, specifications, surveys, estimates of costs and of revenues, and other expenses necessary or incident to determining the feasibility or practicality of any land or property acquisition or any development or redevelopment project;</text>
    </level>
    <level label="8">
      <text>administrative expenses;</text>
    </level>
    <level label="9">
      <text>letters or lines of credit, municipal bond insurance, or any other form of financial guaranty or surety;</text>
    </level>
    <level label="10">
      <text>working capital; and</text>
    </level>
    <level label="11">
      <text>other expenses as may be necessary or incidental to the acquisition of land or property, or the development or redevelopment, including the comprehensive renovation or rehabilitation, of land or property in accordance with this subtitle.</text>
    </level>
  </level>
  <level label="e">
    <text>“County” means Baltimore County.</text>
  </level>
  <level label="f">
    <text>“West Baltimore County” means the geographic area of Baltimore County within the boundary line of Liberty Road in the north, Baltimore National Pike in the south, Rolling Road in the west, and the line between Baltimore County and Baltimore City in the east, along with all contiguous parcels for one block, except at the boundary line between Baltimore County and Baltimore City.</text>
  </level>
</section>
