206 LAWS OF MARYLAND. [CH. 137

upon the faith and credit of said town, such sum of money as
may be necessary therefor to be secured by the notes of the
town signed by the Mayor and Town Clerk, provided that at
no time shall the floating indebtedness of the town exceed the
sum of one half of one per centum of the taxable basis of the
town as provided in Section 97 G of Chapter 134 of the Acts of
1918, and they are hereby authorized and empowered to pay
one half of the cost of such improvements to streets, alleys, and
curbs out of said funds so borrowed as above provided.

SEC. 4. And they are further authorized and empowered to
levy a pro-rata front foot assessment against the abutting prop-
erty on the streets, alleys, or highways improved under the
provisions of this Act, for the remaining one half of said
cost—one fourth of the whole cost of such improved streets, al-
leys or highways shall be assessed against abutting property
on one side of the street improved, and the remaining one
fourth assessed against abutting property on the other side of
the Street.

SEC. 5. One half the cost of constructing curbs under this act
shall be paid by the Mayor and Council of Easton, and the
remaining one half shall be assessed against the abutting prop-
erty, and that the whole cost of constructing side walks under
this act, shall be assessed against the abutting property.

SEC 6. That the Mayor and Council shall provide by Ordi-
nance for assessing against the property abutting on the streets,
alleys or highways improved, the portion of the cost of said
improvements to be charged against said property as hereinbe-
fore provided, and for the collection of the same by the Town
Clerk as other assessments are levied and collected, and said
assessment for the cost of said improvements shall be a lien
upon said abutting properties—And the owners of said property
shall be permitted to pay the amount assessed against their re-
spective properties in equal portions in one and two years from
the date of said assessment; deferred payments to bear interest
from said date.

SEC. 7. And be it further enacted, That all acts or parts of
acts inconsistent herewith are hereby repealed in so far as they
are inconsistent herewith.

SEC. 8. And be it further enacted, That this Act shall take
effect June 1, 1927.

Approved March 25, 1927.