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Session Laws, 1961
Volume 654, Page 1530   View pdf image (33K)
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1530                             Laws of Maryland                      [Ch. 843

renewal area, and to make relocation payments to or with respect
to such persons for moving expenses and losses of property for
which reimbursement or compensation is not otherwise made, in-
cluding the making of such payments financed by the Federal Gov-
ernment.

(c)   to appropriate such funds and make such expenditures as
may be necessary to carry out the purposes of this subtitle, and to
levy taxes and assessments for such purposes; to borrow money and
to apply for and accept advances, loans, grants, contributions and
any other form of financial assistance from the Federal Government,
the State, County or other public bodies, or from any source, public
or private, for the purposes of this subtitle, and to give such security
as may be required therefor; to invest any urban renewal funds
held in reserves or sinking funds or any such funds not required for
immediate disbursement, in property or securities which are legal in-
vestments for other municipal funds.

(d)   to hold, improve, clear or prepare for redevelopment any
property acquired in connection with urban renewal projects; to
mortgage, pledge, hypothecate or otherwise encumber such property;
to insure or provide for the insurance of such property or operations
of the municipality against any risks or hazards, including the power
to pay premiums on any such insurance;

(e)   to make and execute all contracts and other instruments
necessary or convenient to the exercise of its powers under this sub-
title, including the power to enter into agreements with other public
bodies or agencies (which agreements may extend over any period,
notwithstanding any provision or rule of law to the contrary), and
to include in any contract for financial assistance with the Federal
Government for or with respect to an urban renewal project and
related activities such conditions imposed pursuant to Federal laws
as the municipality may deem reasonable and appropriate;

(f)   to enter into any building or property in any urban renewal
area in order to make inspections, surveys, appraisals, soundings or
test borings, and to obtain an order for this purpose from the Circuit
Court for the county in which the municipality is situated in the
event entry is denied or resisted;

(g)   to plan, replan, install, construct, reconstruct, repair, close
or vacate streets, roads, sidewalks, public utilities, parks, play-
grounds and other public improvements in connection with an urban
renewal project; and to make exceptions from building regulations;

(h) to generally organize, coordinate and direct the administra-
tion of the provisions of this subtitle as they apply to such munici-
pality in order that the objective of remedying slum and blighted
areas and preventing the causes thereof within such municipality
may be most effectively promoted and achieved;

(i) to require any public utility to relocate, at its own expense,

any lines or other facilities within an urban renewal area, if such

relocation is required to carry out an urban renewal plan;

(j) (I) to exercise all or any part or combination of powers herein
granted.


 

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Session Laws, 1961
Volume 654, Page 1530   View pdf image (33K)
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