1180 LAWS OF MARYLAND CH. 607
sition of land, a public facility area plan shall have been prepared.
Any lease or rental agreement entered into pursuant to this chapter,
for any of the purposes or objectives contemplated by this chapter,
is hereby declared to be exclusively for business or commercial pur-
poses and the fee, interest, rent, or charge reserved to be paid shall
not be subject to redemption by the lessee, tenant or their successors
in title, except to the extent and in the manner set forth in such
lease agreement. Such property shall be subject to such covenants,
conditions and restrictions, including covenants running with the
land as the County Council may deem to be necessary or desirable to
promote the orderly development of Montgomery County or to other-
wise carry out the purposes of this chapter. The purchasers or lessees
and their successors and assigns shall be obligated to devote such
real property only to the uses specified in the public facility area
plan, and may be obligated to comply with such other requirements
as the County Council may determine to be in the public interest,
including the obligation to begin within a reasonable time any im-
provements on such real property required by the public facility
area plan. Such real property or interest therein shall be retained,
sold, leased, or otherwise transferred at no less than its fair MAR-
KET value for uses in accordance with the public facility area plan.
In determining the fair MARKET value of real property for uses in
accordance with the public facility area plan, consideration shall be
given to the uses provided in such plan; the restrictions upon, and the
covenants, conditions and obligations assumed by the purchaser or
lessee or by the County Council retaining property; and the objectives
of such plan for the promotion of orderly development. The convey-
ance to a private purchaser or lessee may provide that such purchaser
or lessee shall be without power to sell, or encumber, or lease, or
otherwise transfer the real property without the prior written consent
of the County Council.
(g) (F) Loans, grants, gifts, etc. To apply for and accept from
the United States of America, the State of Maryland, or any depart-
ment or agency thereof, or any other source, any loan, grant, gift,
contribution, or aid of any kind.
(h) (G) Other powers and procedures. Except as otherwise pro-
vided in this chapter, the powers and procedures for land acquisition,
financing, INCLUDING THE LEVYING OF TAXES AND THE
ISSUANCE OF BONDS ON THE FULL FAITH AND CREDIT OF
THE COUNTY, the construction of improvements, and land disposi-
tion shall be as defined and established in Chapter 2 of the Mont-
gomery County Code, 1965. , AND AMENDED FROM TIME TO
TIME.
(H) POWERS OF OTHER AGENCIES. NOTHING IN THIS
CHAPTER SHALL BE CONSTRUED IN ANY WAY TO ABRO-
GATE OR CURTAIL THE POWERS OF OTHER PUBLIC AGEN-
CIES OR OFFICERS TO SELECT SITES AND TO ACQUIRE
AND DEVELOP LAND IN ACCORDANCE WITH THE PRO-
VISIONS OF THE ANNOTATED CODE OF MARYLAND OR
THE MONTGOMERY COUNTY CODE.
Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1968.
Approved May 7, 1968.
|
|