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Code of the Public Local Laws of Maryland, 1930
Volume 377, Page 2915   View pdf image (33K)
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HARFORD COUNTY. 2915

it necessary and proper, provided that all such meetings shall be open
and public and all their records shall be public records. As soon after
organization as possible the Commission is empowered and directed to
employ an Engineer and such other force and help as may be necessary,
for the purpose of preparing surveys, plans, specifications, and estimates
for a sanitary sewerage system and a sewage disposal plant for said town.
Upon the completion of said plans and estimates the Commission shall
advertise in at least one newspaper in the City of Baltimore, and one
newspaper in the town of Bel Air, for sealed bids at a given time and
place accompanied with certified checks for a stated amount for the con-
struction of aaid sewerage system and sewage disposal plant, either in
whole or in part, as in their judgment may be deemed proper. The Com-
mission shall have the right to reject any or all bids and the contract shall
be awarded to the lowest responsible bidder upon the recommendation of
the aforementioned Engineer, and the Commission is empowered to enter
into such agreement or contract with said successful bidder as will safely
protect the town from any and all loss which may result from the con-
struction of said sanitary sewerage system and sewage disposal plant.
They stall require and approve bond from the successful bidder to the
extent at least of the contract price.

1927, ch. 254, sec. 3.

139. For the purpose of paying for the engineering and other help,
and any and all work necessary to be done prior to letting a contract for
construction work for the establishment of the sewerage system and sewage
disposal plant, the Commission is authorized to borrow on promissory
notes or certificates of indebtedness whatever amount may be necessary
and proper, but at no time shall this amount exceed the sum of three thou-
sand dollars ($3,000) and for the purpose of providing funds for the con-
struction and establishment of said sewerage system and sewage disposal
plant, and for the purchase or condemnation of property and rights-of-way
said Commission is authorized and empowered to issue bonds in such
amounts as they may deem necessary to carry on said work or any part of
it; provided, however, that at no time shall the amount of outstanding
bonds be more than eight per centum (8 %) of the total assessable basis of
the property in the town assessed for county and municipal taxation.
Said bonds may be of such type and denomination and bear such rate of
interest, not exceeding five per centum per annum, as said Commission
may determine; provided that the interest on said bonds shall be payable
semi-annually and said bonds shall mature in not more than 35 years
from the date of issue, and shall be forever exempt from State, county and
municipal taxation, and shall be a lien upon all assessable property within
the corporate limits. The bonds shall be dated as the Commission may
decide and may be either serial or sinking fund bonds. The Commission
is authorized and empowered to sell the bonds in any way they may deem
proper, provided that at no time may they sell said bonds at a price below

 

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Code of the Public Local Laws of Maryland, 1930
Volume 377, Page 2915   View pdf image (33K)
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