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Session Laws, 1933 (Special Session)
Volume 578, Page 140   View pdf image (33K)
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140 LAWS OF MARYLAND. [CH. 30

such other agencies as may be designated or created to
make grants or loans pursuant to the National Industrial
Recovery Act.

(i) The term "resolution" shall mean an Act of the gov-
erning body of any municipality which (1) must be reduced
to writing, (2) must be adopted by a majority of all mem-
bers of such governing body, (3) may be finally adopted at
the meeting at which it is introduced and take effect imme-
diately. No hearing, advertisement, publication or other
Act shall be necessary before any resolution shall become
effective.

SEC. 2. And be it further enacted, That in addition to
the powers which it may now have every municipality
shall have the power and is hereby authorized to construct
any public works project and also:

(a) To accept from any Federal Agency grants for or
in aid of the construction of any public works project.

(b) To contract debts or to borrow money and to issue
and sell its negotiable bonds therefor, in order to provide
funds for any public works project, provided, however,
that no such debts shall be contracted and no such money
borrowed unless the municipality shall have first entered
into a contract for the grant of money in aid of construc-
tion of such public works project, with the Federal Agency
provided in sub-section (a) Section 2 of this Act.

(c) To levy fees, rents, tolls, or other charges for the
use of or in connection with any public works project, sub-
ject to and in accordance with such agreements with hold-
ers of bonds as may be made as hereinafter provided.

(d) To assess, levy and collect unlimited ad valorem
taxes on all property subject to taxation to pay any bonds,
and the interest thereon, issued to finance any public works
project, subject to the limitations and conditions prescribed
in this Act.

(e) To assess, levy and collect a special assessment
either on the basis of front feet or assessed value, on all
property either adjacent to or benefitted by any public
works project, such assessment to be sufficient to repay
or to reimburse such municipality for the repayment of
the whole of the funds borrowed for the construction of
such public works project together with interest thereon,
or such part thereof as the governing body of the muni-
cipality shall determine to be equitable, the balance, if any,

 

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Session Laws, 1933 (Special Session)
Volume 578, Page 140   View pdf image (33K)
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