J. MILLARD TAWES, GOVERNOR                           1309

its officials to appropriate such funds and make such expenditures as
may be necessary, to levy taxes and assessments, to borrow money
and to give such security as may be required therefor, and to apply
for, and to accept advances, loans grants, contributions, and any other
forms of financial assistance from the Federal Government, the State
or other public bodies or from sources, public or private, for the
purposes of this Act, All money levied and collected by the County
and all other funds paid to the County by the State or any Federal
agency, or received from BORROWING OR any other sources for re-
development or rehabilitation, shall be credited to the Redevelopment
and Rehabilitation Fund and shall be kept separate and apart from
all other funds of the County, and shall be paid out only on the order
of the Redevelopment and Rehabilitation Commission, or on order of
its director, in such form and under such conditions as said Commis-
sion may by rules and regulations prescribe.

26A-32. The Redevelopment and Rehabilitation Commission shall
make an annual report to the County Executive and the County Coun-
cil within thirty days after the close of the fiscal year of the County.
The report shall contain a statement showing the various sums of
money received from the Redevelopment and Rehabilitation Fund
and other sources, and the itemized expenditures of the Commission,
and such other information as the County Executive and the County
Council shall prescribe. The Commission shall also provide for at
least an annual audit of its business and financial transactions and
the results of the audit shall be made public.

26A-33. If any provision of this Act, or the application thereof to
any person or circumstances, is held invalid, the remainder of this
Act and the application of such provision to persons or circumstances
other than those as to which it is held invalid, shall not be affected
thereby. The powers conferred by this Act shall be in addition and
supplemental to the powers conferred by any other law.

Sec. 2. And be it further enacted, That this Act shall take effect
on June 1, 1961.

Approved May 3, 1961.

CHAPTER 755
(House Bill 524)

AN ACT to add eleven new sections and a new sub-title "Redevelop-
ment—Urban Renewal", to the charter of the city of Annapolis
as contained in the code of the City of Annapolis (1960) in order
to authorize and empower the Mayor and Aldermen of the City
of Annapolis to carry out urban renewal projects involving the
clearance, redevelopment and rehabilitation of slum areas or
blighted areas, including the acquisition of property for such

Explanation: Italics indicate new matter added to existing law.
CAPITALS indicate amendments to bill.
[Brackets] indicate matter stricken from existing law.
Strike out indicates matter stricken out of bill.