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Session Laws, 1949
Volume 590, Page 264   View pdf image (33K)
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264 LAWS OF MARYLAND. [CH. 149

assessments against particular properties made pursuant to
this section where it is proved to the satisfaction of said
Mayor and Common Council that the assessment is, or the
proposed assessment would be, unjust and inequitable, any-
thing in this section to the contrary notwithstanding; pro-
vided, however, that before the Mayor and Common Council
shall make any adjustments of assessments hereunder, at least
four affirmative votes shall be cast and recorded in the minutes
for such adjustments.

(b) To effectuate the improvements that are provided for
in this section, the Mayor and Common Council of the Town
of College Park are hereby authorized and empowered to
borrow from time to time on the credit of the Town a sum or
sums of money not to exceed at any time any amount equal
to three per cent (3%) of the assessed valuation of all real
property within said Town, and to issue, renew, or reissue
notes or certificates of indebtedness therefor, which shall be
payable within not to exceed ten years from the date of issu-
ance, with interest not to exceed the rate of 6% per annum
payable semi-annually unless of shorter duration, then. at the
maturity of said obligation, and the Treasurer of the Town
is charged with the custody of any monies received from the
sale of said notes or certificates of indebtedness as above
mentioned. The Treasurer of said Town shall be charged with
the prompt collection of the monies arising from sidewalks,
curbs, gutters, streets and drainage improvements and shall
be charged with the safe-keeping thereof and the said funds
shall be kept as a separate account and fund in such bank or
banks as the Mayor and Common Council may designate, and
no part thereof shall ever be used for any other purpose than
to liquidate the notes or certificates of indebtedness and pay
the interest thereon issued for the costs and the necessary ex-
penses in the construction of sidewalks, curbs, gutters and
roadbed and street improvements, including the necessary ex-
penses incident thereto. The certificates when paid shall be
cancelled and properly kept and filed among the papers of
said Town. The record shown for certificates thus cancelled
shall be entered upon a book kept for the purpose aforesaid.

20. When the Mayor and Common Council shall have de-
termined to construct sidewalks, curbs, gutters, or roadbed
and street improvements, or all or any, in any street or streets
in said Town, they shall thereupon notify, as far as prac-
ticable, each property owner upon each street proposed to be
improved, by depositing in the United States Post Office, post-
age prepaid, in a sealed envelope addressed to such owner's
last known address, a notice, and by publishing said notice in
one or more of the newspapers having general circulation in

 

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Session Laws, 1949
Volume 590, Page 264   View pdf image (33K)
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