The Maryland Stadium Authority, MSA, was created by Chapter 283, Acts of 1986 Maryland General Assembly. Its initial mission was to return the National Football League (NFL) to Baltimore. Maryland sought a new football team after former Baltimore Colts owner, Robert Irsay, moved the Colts out of the city in the middle of a snowy night on March 29, 1984. The Authority is a public corporation of Maryland which is authorized to issue tax-exempt bonds for financing its operations. The proceeds from the sale of those bonds and any other revenues collected are deposited in the Maryland Stadium Authority Financing Fund.
Read more about Maryland Stadium Authority: Goals and Responsibilities, Authority Composition
Famous quotes containing the words stadium and/or authority:
“It’s no accident that of all the monuments left of the Greco- Roman culture the biggest is the ballpark, the Colosseum, the Yankee Stadium of ancient times.”
—Walter Wellesley (Red)
“The idea of feminine authority is so deeply embedded in the human subconscious that even after all these centuries of father-right the young child instinctively regards the mother as the supreme authority. He looks upon the father as equal with himself, equally subject to the woman’s rule. Children have to be taught to love, honor, and respect the father.”
—Elizabeth Gould Davis (b. 1910)