Maryland Code § NR-3-904

Section NR-3-904
Open in Lexace · Ask the AI about this section
(a) As used in this subtitle, the words and terms listed in this section have
the meaning given, unless the context clearly indicates another or different meaning.
(b) "Bonds" means all bonds, bond anticipation notes, revenue anticipation
notes, grant anticipation notes, or other evidences of indebtedness of the Authority,
whether general or limited obligations of the Authority.
(c) "Cost" shall include the purchase price of any project or the cost of
acquiring all or any portion of the right, title, or interest of a project and the amount
to be paid to discharge all obligations necessary or desirable to vest title to the project
or any part thereof in the Authority or other owner; the cost of any reconstruction,
extension, enlargement, alteration, repair or improvement; the cost of all lands,
properties, rights, easements, franchises, and permits; the cost of all labor,

machinery, and equipment; financing charges; interest prior to and during
construction and if, deemed desirable by the Authority, for a limited period after the
completion of construction; reserves for principal and interest and for extensions,
enlargements, additions and improvements; the cost of revenue estimates,
engineering and legal services, plans, designs, specifications, surveys, investigations,
demonstrations, studies, estimates of cost, other expenses necessary or incident to
determining the feasibility or practicability of any such acquisition, improvement,
repair or construction; administrative expenses, and other expenses as necessary or
incident to the financings herein authorized, and to the acquisition, operation,
maintenance, improvement, construction of a project and the placing of the same in
operation by the Authority, including reasonable provision for working capital. Any
obligation or expense incurred prior to the issuance of bonds under the provisions of
this subtitle in connection with the foregoing items of cost may be regarded as a part
of such cost.
(d) The word "county" includes the Mayor and City Council of Baltimore
unless otherwise indicated.
(e) "Person" means any natural person, corporation, firm, partnership,
cooperative, or other entity.
(f) (1) "Project" means the facilities and properties used or useful or
having present capacity for future use in connection with:
(i) The transporting, transferring, compacting, burying,
incinerating, reduction, composting, collection, storage, treatment, utilization,
processing, or final disposal of waste;
(ii) The conversion of waste to fuel, steam, electricity, energy,
or other resources or the generation of steam, electricity, or other forms of energy
from fuel which is derived from, or is otherwise related to, waste;
(iii) The reconstruction, converting or otherwise recycling of
waste into material which is not waste or which is useful or is marketable; or
(iv) Any combination of the foregoing (whether or not such
facilities are located on a single site). The term "project" also includes but shall not
be limited to:
1. Waste disposal facilities, pollution control facilities,
and facilities for generating and furnishing electric energy or gas or other forms of
energy which can be financed by bonds the interest on which is exempt from income
tax under the Internal Revenue Code, whether such interest would have been tax

exempt at the time of the enactment of this subtitle or of any amendment thereto;
and
2. Any facilities and properties within the definition of
"project" set forth in this section, whether or not such facilities or properties can be
financed by bonds the interest on which is tax exempt under the Internal Revenue
Code, it being the purpose and intent of this subtitle that the term "project" be
liberally construed so as to effectuate the purposes of this subtitle.
(2) The term "project" includes (without limitation) land, buildings,
structures, machinery, equipment, rail or motor vehicles, barges, boats, and all
properties and rights therein and appurtenances thereof, rights-of-way, franchises,
easements and other interests in land, all land and facilities which are functionally
related and subordinate to the project and all patents, licenses and other rights
necessary or useful in the construction or operation of a project.
(g) "Resolution of participation" means the resolution filed by a county with
the Secretary of State and the Department of Legislative Services in order to evidence
the consent of the county to participate in the activities of the Authority in accordance
with the provisions of this subtitle.
(h) "Revenues" means, but is not necessarily limited to, all money received
by the Authority from or in connection with any project, including (without limitation)
grants, rentals, rates, fees, charges for the use of the services furnished or available
and all other income inuring to the Authority; provided that the Authority, from time
to time, may further define or limit the term "revenues" as applied to a particular
project, financing, or other matter.
(i) "Subdivision" means any county, municipal corporation, sanitary
district, State or local agency, or other public body or agency created or established
by or pursuant to State or local law, ordinance, or resolution.
(j) "Wastes" means all waste materials, whether solid, liquid or gas,
including but not limited to garbage, refuse, and other discarded materials, waste
materials resulting from industrial, commercial and agricultural operations and from
community activities, rubbish, ashes, incinerator residue, wastewater treatment
residue, street cleanings, dead animals, demolition and construction debris,
discarded household appliances, automobile bodies, offal and paunch manure.

‹ Prev All Maryland sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.