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Session Laws, 1941
Volume 582, Page 1123   View pdf image (33K)
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HERBERT R. O'CONOR, GOVERNOR. 1123

be made stating the time and place where bids, conditioned
as the said Mayor and City Council may require, will be
opened for the sale of said bonds as a whole or in parts, re-
serving unto itself the right to reject any and all bids. Said
bids together with such certified checks as may be required
shall be filed with the City Clerk and at the time and place
advertised, shall be opened by him in the presence of the said
Mayor and City Council, and if said bids be satisfactory to the
said Mayor and City Council, it shall sell said bonds, or any
part thereof to the highest bidder or bidders therefor, of whose
ability to comply with the terms of sale, the said Mayor and
City Council, in its discretion, is satisfied. In the event that
the bonds be sold, the proceeds thereof shall be placed in a
separate fund and shall be used for the purpose of acquiring
land and the construction of a modern Airport, together with
the payment of all expenses incident to the acquisition or con-
struction thereof, or, in its discretion, the said Mayor and City
Council may use the proceeds of said bonds in the purchase
of the entire capital stock of a corporation, to be wholly, pub-
licly-owned, which corporation shall in turn acquire land and
construct an Airport, and said Airport may be constructed at
any place within or without the State of Maryland within a
radius of ten miles from the corporate limits of the City of
Cumberland.

SEC. 4. And be it further enacted,, That the Mayor and City
Council of Cumberland is hereby authorized and empowered
to accept from any Federal or State agency grants for or in
aid of the construction of a public Airport, and to make such
contracts containing such terms, provisions and conditions
as in the discretion of the Mayor and City Council may seem
necessary, proper or advisable for the purpose of obtaining
or securing grants or financial assistance from any Federal
or State agency willing to extend the same in furtherance of
the purposes of this Act.

SEC. 5. And be it farther enacted, That any and all Acts
or parts of Acts or any part or parts of the Charter of the
City of Cumberland, Maryland, conflicting in any way here-
with is or are repealed insofar and to the extent that the same
shall so conflict, and none of the limitations or restrictions on
the power of the said Mayor and City Council to borrow money,
or issue and sell bonds contained in the Charter of said
municipality or in any other law which limits, restricts or in
any other way affects the powers herein granted, nor any of
the provisions of Chapter 630 of the Acts of 1939 of the Gen-
eral Assembly of Maryland, shall be applicable thereto.

 

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Session Laws, 1941
Volume 582, Page 1123   View pdf image (33K)   << PREVIOUS  NEXT >>


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