§ 13-1. Definitions.
(a) In general.
In this subtitle, the following words have the meanings indicated.
(b) Acquire.
"Acquire" means to obtain by gift, purchase, lease, devise, or other legal means.
(c) Authority.
"Authority" means the Baltimore City Parking Authority.
(d) Board.
"Board" means the Board of Directors of the Authority.
(e) Borrowings.
(1) "Borrowings" means the financing of capital needs by the Authority through revenue bonds or any other form of financing authorized by law.
(2) "Borrowings" includes:
(i) revenue bonds or notes;
(ii) obligations issued in anticipation of revenue bonds or notes;
(iii) certificates of participation;
(iv) conditional purchase agreements;
(v) purchase money instruments; and
(vi) any other instrument delivered by the Authority to evidence a borrowing of funds.
(f) Contract.
"Contract" means any written note, bond, mortgage, indenture, lease, sublease, license, contract, agreement, instrument, financial arrangement, obligation, or other legally binding commitment.
(g) Demand management strategies.
"Demand management strategies" means measures used to control and reduce the demand for existing and new parking facilities.
(h) Develop.
"Develop", when used in connection with a parking project, means to plan, design, construct, improve, expand, renovate, rehabilitate, equip, furnish, or convert property to create a parking project, either directly by the Authority or through the use of other persons.
(i) Enabling Act.
"Enabling Act" means the State Parking Authorities Act, codified at Article 41, Title 14, Subtitle 3 of the Maryland Code, as amended from time to time.
(j) Operate.
"Operate", when used in connection with a parking project, means to maintain, manage, repair, improve, expand, alter, modify, regulate, or otherwise control the operation of the parking project, either directly by the Authority or through the use of other persons.
(k) Parking Project.
"Parking Project" means all or part of any property in the City that the Authority is authorized to acquire, develop, or operate under the Enabling Act and this subtitle.
(l) Person.
(1) In general.
"Person" has the meaning stated in § 1-107(a) {"Person: In general"} of the City Code's General Provisions Article.
(2) Inclusion of governmental entities.
Notwithstanding § 1-107(b) {"Person: Exclusion"} of the General Provisions Article, in this subtitle "person"also includes a governmental entity or an instrumentality or unit of a governmental entity.
(m) Property.
"Property" includes:
(1) any real or personal property, tangible or intangible; and
(2) any interest in real or personal property, including any franchise, license, or easement.
(n) Public Bonds.
"Public Bonds" means any borrowing evidenced by the issuance of bonds, notes, certificates, or other instruments that are sold or structured for sale to retail purchasers of municipal or public obligations and that are typically accompanied by the preparation of a prospectus, offering statement, or similar disclosure document.