The authority may:
(1) borrow money to finance costs of a project or for any other corporate purpose of the authority;
(2) mortgage or otherwise encumber its property or revenues for the loan; and
(3) combine projects for financing.
Structure Maryland Statutes
Division II - Independent and Regional Development Units and Resources
Title 11 - Military Installation Support
Subtitle 3 - Local Redevelopment Authorities
Section 11-302 - Legislative Findings; Intent
Section 11-303 - Construction of Subtitle
Section 11-304 - Incorporation
Section 11-306 - Board of Directors
Section 11-310 - Executive Director
Section 11-311 - Staff; Consultants
Section 11-312 - Applicability of Other Laws
Section 11-313 - Accounting; Fiscal Year
Section 11-314 - Money of Authority
Section 11-315 - Powers -- in General
Section 11-316 - Powers -- Projects
Section 11-317 - Powers -- Borrowing Authority
Section 11-318 - Bond Authorization
Section 11-319 - Liability; Full Faith and Credit
Section 11-320 - Project Financing
Section 11-321 - Rates and Charges; Revenues