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Session Laws, 1965
Volume 676, Page 8   View pdf image (33K)
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8                                  LAWS OF MARYLAND                         [CH. 5

preservation of public health and safety and, having been passed by
a yea and nay vote supported by three-fifths of the members elected
to each of the two houses of the General Assembly of Maryland, the
same shall take effect from the date of its passage.

Approved February 18, 1965.

CHAPTER 5
(Senate Bill 152)

AN ACT to repeal and re-enact, with amendments, Sections 266A,
266B, 266C, 266D, 266E, 266G and 266H of Article 41 of the Anno-
tated Code of Maryland (1964 Supplement), title "Governor—Ex-
ecutive and Administrative Departments," subtitle "Department of
Economic Development," subheading "Industrial Buildings for
Counties and Municipalities," providing that the term "industrial
building" or "buildings" includes a warehouse and certain offices
to be leased to an industrial concern; providing that a determina-
tion by the legislative body of a county or municipality in regard to
the existence or relief of conditions of unemployment or in regard
to the increase of industry in this State shall be conclusive; em-
powering counties and municipalities to redeem the bonds author-
ized under said subheading at any time prior to maturity under
terms and conditions fixed before issuing the bonds; exempting
said bonds from the provisions of Sections 9, 10 and 11 of Article
31 of the Annotated Code of Maryland (1957 Edition), as amended
from time to time; clarifying the law regarding the provision of
funds for the operation, maintenance and depreciation of the in-
dustrial building or buildings; and generally amending and clarify-
ing said subheading.

Section 1. Be it enacted by the General Assembly of Maryland,
That Sections 266A, 266B, 266C, 266D, 266E, 266G and 266H of
Article 41 of the Annotated Code of Maryland (1964 Supplement),
title "Governor—Executive and Administrative Departments," sub-
title "Department of Economic Development," subheading "Indus-
trial Buildings for Counties and Municipalities," be and the same are
hereby repealed and re-enacted, with amendments, to read as follows:

266A.

(a)   As used in this subheading, the term "industrial building" or
"buildings" means any building or structure suitable for or intended
for use as a factory, mill, shop, processing plant, research and/or
development laboratory, warehouse, assembly plant, or fabricating
plant, and offices related to any of the foregoing, and/or the necessary
operating machinery and equipment, to be rented or leased to an
industrial concern by the municipality or county by which it is ac-
quired. The term also means the land or site necessary or desirable
for the building or structure, together with access roads, utilities, and
other necessary facilities.

(b)   "Municipality" means a municipal corporation in Maryland
subject to the provisions of Article HE of the Constitution; and it

 

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Session Laws, 1965
Volume 676, Page 8   View pdf image (33K)
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