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Statutes Text

Article - Economic Development




§5–566.

    In administering the Program, the Authority may:

        (1)    use the services of other governmental units;

        (2)    contract for and accept loans and grants from the federal government, the State government, or a local government and their units; and

        (3)    on the terms and conditions it considers advisable:

            (i)    acquire, manage, operate, dispose of, or otherwise deal with property;

            (ii)    take assignments of rentals and leases; and

            (iii)    make contracts, leases, agreements, and arrangements that are necessary or incidental to the performance of its duties.



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