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The Annotated Code of the Public General Laws of Maryland, 1918
Volume 374, Page 776   View pdf image (33K)
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776 APPENDIX.
Baltimore County and the Treasurer of Anne Arundel County, respec-
tively, the fair value of any and every use of the public property here-
inabove mentioned situate within the territory annexed by this Act to
Baltimore City, of which the inhabitants of the County outside of said
territory are deprived by this Act.
In addition to the payments hereinabove directed to be made, the
Mayor and City Council of Baltimore shall also pay to the Treasurer
of Anne Arundel County the fair value of the existing bridge over Cur-
tis Creek, included within the territory annexed by this Act to Balti-
more City, said value to be ascertained in case of disagreement, by the
arbitrators above mentioned upon the basis of the cost of reproducing
said bridge new, less a proper charge for depreciation on account of age.
The total amount ascertained in pursuance of this section to be paid
by the Mayor and City Council of Baltimore to the Treasurer of Balti-
more County and the total amount so ascertained to be paid to the
Treasurer of Anne Arundel County shall be paid by said Mayor and
City Council of Baltimore in ten annual installments; 1/10th of said
total amount to be paid on or before September 1st, 1919, and 1/10th
to be paid on or before the same date each year thereafter until the
whole is paid. The title of the County Commissioners of Anne Arundel
County and Baltimore County, respectively, or of other public officials
or bodies holding title to any school houses and lots, engine houses, and
lots, station houses and lots, together with the furniture and equipment
therein or other public property situate within the territory annexed
by this Act to Baltimore City, shall become and be vested in the Mayor
and City Council of Baltimore as of January 1st, 1919,—all of said
property to be thereafter held by the Mayor and City Council of Balti-
more upon the same public trusts upon which it has heretofore been
held by the said County Commissioners or other public officials or bodies
of the said counties, respectively.
SEC. 10. And be it further enacted, That the territory annexed to
Baltimore City by this Act is hereby declared to be a taxing district,
and, for the year 1919, the Board of Estimates and the Mayor and City
Council of Baltimore, in fixing a tax rate, in the fall of 1918, under
Section 40 of the Charter, shall fix the rate of taxation for local pur-
poses in said taxing district at a sum equal to 60% of the full city rate
which shall be fixed by said Board upon real estate situate within the
limits of Baltimore City as they existed prior to the passage of the Act
of 1888. Chapter 98; and, in like manner, for the year 1920, the said
Board of Estimates shall fix the rate for local purposes in said taxing
district at an amount equal to 62% of the said full city rate on real
estate in said old city limits; and so on, from year to year, with an
increase of 2% each year of the percentage of the full city rate which
is fixed as the rate upon real estate in the said old city limits, until the
rate in said taxing district and in said old city limits shall become the
same. Beginning with the rate for the year 1939, and thereafter the


 
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The Annotated Code of the Public General Laws of Maryland, 1918
Volume 374, Page 776   View pdf image (33K)
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