Maryland Code, TRANSPORTATION 5-418
Terms Used In Maryland Code, TRANSPORTATION 5-418
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
(1) Establish and operate the airport or facility;
(2) Lease or grant to any person, on the terms and conditions it considers proper, any right or interest in the airport or facility;
(3) Fix any charges, rentals, or fees for the use of the airport or facility and for any right or interest granted to any person under this section; and
(4) Delegate any of its powers under this section to any suitable officer or agency of the political subdivision and, for this purpose, create any new agency or unit.
(b) The costs and expenses incurred in connection with any act performed under this section shall be the responsibility of the political subdivision.