§ 12-710
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/md/economic-development/12-710A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§12–710. IN EFFECT
// EFFECTIVE UNTIL SEPTEMBER 30, 2029 PER CHAPTERS 215 AND 216 OF 2025 //
The Authority may:
(1)adopt bylaws for the conduct of its business;
(2)adopt a seal;
(3)sue or be sued;
(4)maintain an office at a place it designates in Baltimore City;
(5)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;
(6)make grants to individuals;
(7)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:
(i)purchase;
(ii)gift;
(iii)interest;
(iv)condemnation;
(v)eminent domain, except for owner–occupied residential properties;
(vi)tax sale;
(vii)foreclosure;
(viii)receivership;
(ix)in rem foreclosure proceedings;
(x)easement, or any other interest in land;
(xi)lease; and
(xii)rent;
(8)acquire, purchase, hold, lease as lessee, and use:
(i)a franchise, patent, or license;
(ii)any real, personal, mixed, tangible, or intangible property; or
(iii)an interest in the property listed in this item;
(9)finance all or part of the acquisition or improvement of a project;
(10)sell, lease as lessor, transfer, license, assign, or dispose of property or a property interest that the Authority acquires;
(11)fix and collect rates, rentals, fees, royalties, and charges for services and resources the Authority provides or makes available;
(12)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;
(13)exercise power usually possessed by a private corporation in performing similar functions unless to do so would conflict with State law;
(14)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;
(15)create, own, control, or be a member of a corporation, limited liability company, partnership, or any other entity;
(16)create a special district benefit for the commercial businesses in the target area;
(17)open a bank account with a national or local federally insured financial institution;
(18)set salaries in accordance with the jurisdiction market rate and outside the State Personnel and Pension System;
(19)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;
(20)serve as a clearinghouse and resource center for promoting coordination and communication on development opportunities for the West North Avenue Corridor;
(21)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;
(22)provide advisory services to State and Baltimore City agencies on planning and development for the target area;
(23)initiate, fund, and monitor for efficiency and effectiveness economic, housing, transportation, neighborhood, and green space development within the target area;
(24)make rules and regulations for the operation and use of land, property, and undertakings under the Authority’s jurisdiction; and
(25)do all things necessary or convenient to carry out the powers expressly granted by this subtitle.