1550 LAWS OF MARYLAND. [CH. 542
for an extension of such work or improvement within specifi-
cally described limits from time to time, to be paid by addi-
tional issues of such bonds, and may provide that certain pre-
scribed parts of the work of improvement, or certain per-
centage of its cost, shall be paid by the corporation, providing
for a vote of the taxpayers as heretofore prescribed in this
section. Said proposed ordinance shall be posted in five con-
spicuous places in the town and published once a week for
three weeks, with a notice of a meeting of the Council at the
expiration of that period to hear any persons that may object
thereto. After such hearing, the Council may, if they deem
proper, pass such ordinance, and shall thereafter submit the
question of the issue of such special improvement bonds to
the resident taxpayers, with such notice and publication and
in such manner as hereinbefore in this section provided; and
if three-fifths of the resident taxpayers so voting at such elec-
tion shall vote in favor thereof, and not otherwise, the said
ordinance shall become operative, and the work of improvement
specified shall be executed, and the bond* issued as therein
specified. The said special improvement bonds and interest
thereon shall be paid by a special tax of approximately equal an-
nual installments, to be levied, for a specified term of years not
exceeding twenty-five, upon the land to which such work of
improvements shall extend or be tributary, as specifically desig-
nated in the ordinance. The said special taxes shall be a lien
upon the property upon which they are levied, and shall be
collected in the manner provided for the collection of general
taxes of the town.
(K) The Council may issue certificates of indebtedness,
bearing interest not to exceed in amount the annual revenue of
the town, less the amount of all sinking funds previously pro-
vided for, said certificates and interest to be paid only from
such revenue and within one year from the date of their issue;
and such certificates may be issued in pursuance of an ordi-
nance duly passed without submitting the question to a vote of
the taxpayers.
(L) The Council shall have the same powers as the State
Board of Health of this State, restricted, however, to the limits
of the town.
(M) The Council shall keep and annually publish a tabular
statement of the receipts and expenditures of the funds of the
corporation, and such other matters connected with the govern-
ment and regulations of the town affairs as they may deem
necessary and proper.
|
![clear space](../../../images/clear.gif) |