clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Session Laws, 1961
Volume 654, Page 450   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

450                              Laws of Maryland                      [Ch. 346

the revenue bonds hereinafter authorized; (3) the term "housing
unit" and the term "housing units" shall mean and embrace housing
facilities and living accommodations which may include such facilities
as eating facilities, recreational facilities and student facilities, and
shall include an addition or additions to the student union building
in Baltimore; and (4) the term "related facilities" shall mean and
embrace but shall not necessarily be limited to eating facilities,
recreational facilities and student facilities.

259B. In order to provide additional facilities for the University
of Maryland, the University of Maryland is hereby authorized and
empowered, from time to time:

(a)  to construct, equip, maintain, repair and operate one or more
housing units for graduate students at College Park, and for students,
both graduate and undergraduate, in the professional schools at
Baltimore, including members of the House Staff of the University
Hospital;

(b)  to issue revenue bonds of the University for the purpose of
paying all or any part of the cost of any one or more of said housing
units, the aggregate principal amount of said revenue bonds not to
exceed 3 Million Dollars ($3,000,000) except as hereinafter provided;

(c)  to fix and revise from time to time, fees, rents and other
charges for the use of such housing units;

(d)  to acquire, hold and dispose of real and personal property in
the exercise of its powers and the performance of its duties under
Sections 259A-259J, inclusive, of this sub-title;

(e)  to make and enter into all contracts and agreements necessary
or incidental to the performance of its duties and the execution of
its powers under Sections 259A-259J, inclusive, of this sub-title, and
to employ consulting engineers, attorneys, construction and financial
experts and such other employees and agents as may be necessary in
the opinion of its Board of Regents and to fix their compensation;
provided that all such acts and agreements shall be payable solely
from the proceeds of revenue bonds issued under the provisions of
Sections 259A-259J, inclusive, of this sub-title, or from funds other-
wise provided;

(f)  to receive and accept from the United States of America or
any agency thereof grants for or in aid of the construction of any
housing unit or any part thereof, and to receive and accept aid or
contributions from any source of either money, property, labor or
other things of value, to be held, used and applied only for the pur-
poses for which such grants and contributions may be made; and

(g)  to do all acts and things necessary or convenient to carry out
the powers expressly granted by the provisions of Sections 259A-
259J, inclusive, of this sub-title.

259C. (a) The University of Maryland is hereby authorized and
empowered to provide, by resolution, from time to time, for the
issuance, in series, of its negotiable bonds, certificates or other
evidence of indebtedness for the purpose of paying all or any part of
the cost of any one or more of said housing units. The principal and
interest on such bonds, certificates or other evidence of indebtedness
shall be payable solely from the funds herein provided for such


 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1961
Volume 654, Page 450   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 11, 2023
Maryland State Archives