§ 13-612

Maryland § 13-612

• Jurisdiction: Maryland
• Article gec: Economic Development
• Title: 13

Text

(a) In this section, “property manager” means an entity responsible for the management and maintenance of real property, including:

(1) finding tenants;

(2) collecting rent;

(3) paying expenses and applicable taxes;

(4) maintaining utilities and systems; and

(5) taking any necessary actions to manage and operate real property.

(b) The Council may operate in the region.

(c) The Council may:

(1) adopt a seal;

(2) sue;

(3) adopt bylaws and rules for the conduct of its business;

(4) enter into contracts and agreements;

(5) borrow money and accept advances, loans, grants, contributions, and any other form of assistance from the federal government, the State, or other public or private source;

(6) give any required security;

(7) include in any contract for financial assistance with the federal government any reasonable and appropriate condition imposed under federal law that is not inconsistent with the purposes of this subtitle;

(8) execute any instrument and act as necessary, convenient, or desirable to carry out its powers and the purposes of this subtitle; and

(9) act as a property manager of the Southern Maryland Regional Agricultural Center owned by and located within St. Mary’s County.

(d) The Council shall publish its rules.