In this subtitle, “Convention Center” means the Roland E. Powell Convention Center.

The Mayor and City Council of Ocean City shall operate the Convention Center.

The Mayor and City Council of Ocean City may: employ and set the salaries for a Convention Center manager and other necessary personnel; accept donations or grants for the maintenance and operation of the Convention Center; receive aid for the Convention Center from the federal government, the State, counties, or municipalities; set reasonable fees for the use of the Convention Center facilities; grant, on the basis of competitive bidding, concessions on the premises of the Convention Center for the sale of food or beverages, including, subject to the Alcoholic Beverages Article, alcoholic beverages; and perform any act necessary to operate the Convention Center. The Mayor and City Council of Ocean City shall: keep records of the Convention Center consistent with sound business practice; conduct an audit of the accounts of the Convention Center at the end of each calendar or fiscal year; and submit to the Board of Public Works a detailed annual report on the activities and finances of the Convention Center.

The Convention Center is exempt from State and local taxes.

The State may not spend any money for capital improvements or capital repairs to the Convention Center.

A name given to a section of the Convention Center by the Board of Public Works may be changed only by the Board.