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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 1359   View pdf image (33K)
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DEBT—PUBLIC 1359

(j) To do all acts and things necessary or convenient to carry out the
powers .expressly given in this sub-title and to construct any public works
project.

1933 (Special Sess.), ch. 30, sec. 3.

12. That all proceeds received from the sale of the bonds of the
municipality issued under this sub-title, and all fees, rents, tolls, or other
charges, received by the municipality from any public works project, and
any moneys received from any Federal agency shall be paid to the officer
empowered to receive money for the municipality. Such financial officer
shall not commingle any money received from any Federal agency with
any other moneys, but said moneys received from any Federal agency shall
be deposited in a separate bank account or accounts in the name of the mu-
nicipality. The governing body of any municipality may by resolution
provide that all deposits of such fees, rents, tolls, or other charges, and
any moneys received from any Federal agency shall, if required by any
contract made with any Federal agency, be secured by obligations of the
United States or of the State of Maryland, of a market value equal at
all times to the amount of such deposits, and all banks and trust com-
panies are authorized to give such security for such deposits; and the
governing body of any municipality is hereby authorized to enter into
any contract with any Federal agency containing such requirement and to
enter into and fully carry out and perform any other contract with a
Federal agency respecting the disposition of such fees, rents, tolls, or
other charges, the proceeds from the sale of the bonds, the moneys re-
ceived from any Federal agencies, or any taxes, revenues or other receipts
of the municipality.

1933 (Special Sess.), ch. 30, sec. 4.

13. Any municipality may by resolution of its governing body
authorize:

(a) The construction of any public works project;

(b) The letting of any contract in connection with the construction
of any public works project, and the execution thereof;

(c) The making of any agreements or contracts with any Federal
agency, and the execution thereof;

(d) The issuance of bonds to finance any public works project, and
the sale, execution and delivery thereof, and any other matter in connec-
tion with the issuance of said bonds or to secure the payment of said
bonds;

(e) Any and all other acts or things which such municipality or any
officer thereof is empowered under this or any other Act to perform or do,
and not inconsistent with the Constitution of Maryland.

1933 (Special Sess.), ch. 30, sec. 5.

14. Any contract for the construction of any public works project or
part thereof may be awarded upon any day at least five days (excluding
Sundays) after at least one publication of a notice requesting bids upon
such contract inserted in a newspaper circulating in the muncipality, and
such other notice, if any, as the governing body of the municipality may
determine to be desirable. If before the execution of any such contract
the governing body shall determine to submit the authorization of the


 

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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 1359   View pdf image (33K)
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