Md. EDUCATION Code Ann. § 16-302.1
§ 16-302.1. Authority to issue notes (a) Definitions. --
(1) In this section the following words have the meanings indicated. (2) "Authority" means the Maryland Health and Higher Educational FacilitiesAuthority established under Title 10, Subtitle 3 of the Economic Development Article. (3) "Board" means: (i) A board of community college trustees established under § 16-101 of this title; (ii) A board of regional community college trustees established under § 16-202 of this title; (iii) The Board of Trustees of the Baltimore City Community Collegeestablished under § 16-504 of this title; and (iv) The Board of Trustees of the College of Southern Maryland established under § 16-604 of this title. (4) "Cost" means the cost of: (i) Acquisition of a project or any interest in a project; (ii) Installation of a project, including any demolition, construction, reconstruction, or renovation directly related to a project; (iii) Financing charges associated with a project; (iv) Interest before and during acquisition of a project and, if deemed advisable by the board, for a period of up to 1 year after completion of acquisition of a project; (v) Interest and reserves for principal and interest and for maintenance and repair of a project; (vi) Architectural, engineering, financial, and legal services associated with a project; (vii) Plans, specifications, studies, surveys, and estimates of costs and revenues for a project; (viii) Administrative expenses necessary or incident to determining the feasibility or practicability of a project; and (ix) Other expenses that are necessary or incident to the acquisition of a project, the financing or refinancing of the acquisition of a project, and the placing of a project in operation. (5) "Governing body" means: (i) The county council of a county with a charter form of government established under Article XI-A of the Maryland Constitution; or (ii) The board of county commissioners of any other county.
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