Unannotated Code of Maryland (Last Updated: May 16, 2014) |
ECONOMIC DEVELOPMENT |
DIVISION II. INDEPENDENT AND REGIONAL DEVELOPMENT UNITS AND RESOURCES |
TITLE 11. MILITARY INSTALLATION SUPPORT |
SUBTITLE 3. LOCAL REDEVELOPMENT AUTHORITIES |
§ 11-321. Rates and charges; revenues
Latest version.
-
(a) Charges for services. -- The authority may:
(1) fix and collect rates or charges for its services;
(2) establish the terms and conditions for the services; and
(3) contract with a person for the provision of the services of the authority.
(b) Charges not regulated. -- The rates or charges of the authority are not subject to supervision or regulation by any other unit of the State or by a political subdivision of the State.
(c) Use of revenues. -- Subject to any agreement, the authority may apply its revenues to any lawful purpose.
(d) Benefit of revenues. -- Except as necessary to pay an obligation or to implement programs of the authority, the net revenue of the authority may not benefit a person other than the county or counties in which the facility is located.