HERBERT R. O'CONOR, GOVERNOR. 1159
law, and bonds, interim certificates or other obligations may
be issued hereunder for any project notwithstanding that any
other law may provide for the issuance of bonds, interim cer-
tificates or other obligations for like purposes and without re-
gard to the requirement, restrictions or other provisions con-
tained in any other law. Bonds may be issued under this sub-
title notwithstanding any debt, or other limitation prescribed
by any other law, and the mode and method of procedure for
issuance of bonds under this sub-title need not conform to the
provisions of any other law. Any proceedings heretofore
taken under any other law by any municipality relating to the
subject matter of this sub-title, may be continued under such
other law or under this sub-title, or at the option of the gov-
erning body may be discontinued and new proceedings insti-
tuted under this sub-title. Except in pursuance of any con-
tract or agreement theretofore entered into by and between
any municipality and any Federal agency, no municipality
shall borrow any money or issue any bonds pursuant to the
provisions of this sub-title after June 1, 1941. It is the
purpose of this sub-title to enable municipalities to secure the
benefits of any agency of the Federal Government engaged
in a works program, to encourage public works, to reduce un-
employment and thereby to assist in the national recovery
and promote the public welfare, and to these ends municipali-
ties shall have power to do all things necessary or convenient
to carry out said purpose in addition to the express powers
conferred in this sub-title; this sub-title is remedial in nature
and the powers hereby granted shall be liberally construed.
SEC. 2. And be it further enacted, That it is hereby declared
to be the legislative intent and purpose by this Act to extend
and continue in full force and vigor until June 1, 1941, each
and all of the provisions of Sections 9 to 24, inclusive, of
Article 31 of the Annotated Code of Maryland (1935 Supple-
ment), so as to empower all municipalities of this State, as
defined in said Section 9, to meet the current emergency by
continuing the financing and construction of public works in
the manner and subject to the limitations prescribed by said
Sections of said Article above referred to, up to and including
June 1, 1941.
SEC. 3. And be it further enacted, That this Act shall take
effect June 1, 1939.
Approved May 11, 1939.
|
|