(a) The powers granted to political subdivisions by this subtitle include the power to acquire any property, including air rights or interests, for an airport, airport facility, or air navigation facility to be maintained by any common carrier of passengers or freight by air.
(b) If a political subdivision contracts with a common carrier of passengers or freight by air to acquire an airport, airport facility, or air navigation facility and to sell the acquired property to the common carrier, the political subdivision may:
(1) Borrow money not exceeding the amount of the purchase price under the contract; and
(2) Use the money to acquire the property, by purchase, condemnation, or otherwise.
Structure Maryland Statutes
Subtitle 4 - Establishment and Operation of State and Local Airports
Section 5-416 - Establishment and Operation of Airports and Facilities
Section 5-417 - Acquisition of Property by Political Subdivision
Section 5-418 - Operation and Use of Airports and Facilities
Section 5-419 - Bond Financing
Section 5-420 - Airports Usable by Air Carriers
Section 5-421 - State Financial Assistance
Section 5-422 - Administration as Agent of Political Subdivision