MARVIN MANDEL, Governor 1157
The County may, by appropriate resolution, provide for the replace-
ment of any bonds issued hereunder which shall have become muti-
lated or be destroyed or lost upon such conditions and after receiv-
ing such indemnity as the County may think it proper and necessary
to stipulate and require.
Sec. 8. And be it further enacted, That any and all obligations
issued pursuant to the authority of this Act, their transfer and
the income therefrom (including any profit made on the sale thereof)
shall at all times be free from taxation by the State of Maryland or
by any of its political subdivisions, or by any town or incorporated
municipality or by any other public agency within the State of
Maryland.
Sec. 9. And be it further enacted, That the authority to borrow
money and issue bonds conferred on the County by this Act shall
be deemed to provide an additional and alternative authority for
borrowing money and shall be regarded as supplemental and ad-
ditional to powers conferred upon the County by other laws and
shall not be regarded as in derogation of any power now existing;
and all Acts of the General Assembly of Maryland heretofore passed
authorizing the County to borrow money are hereby continued to
the extent that the powers contained in such acts have not heretofore
been exercised, and nothing herein contained shall be construed to
impair, in any way whatsoever, the validity of any bonds which
may have been issued by the County under the authority of any of
said Acts, and the validity of said bonds is hereby ratified, confirmed
and approved.
Sec. 10. And be it further enacted, That this Act shall take effect
July 1, 1969.
Approved May 2, 1969.
CHAPTER 460
(Senate Bill 569)
AN ACT to authorize the Board of Public Works to acquire by gift,
purchase or condemnation, any statute to the contrary notwith-
standing, certain land and improvements located in or near the
City of Annapolis necessary to complete the development of the
development plan generally referred to as the "Maryland State
Facilities in Annapolis", and to authorize the Board of Public
Works to enter into agreement with the State Roads Commission
and any other public or private agency, group or individual to
facilitate and complete such development of the Maryland State
Facilities in Annapolis, and to repeal Chapter 697 of the Acts
of 1967.
Section 1. Be it enacted by the General Assembly of Maryland,
That the Board of Public Works is authorized to acquire by purchase,
gift or condemnation, in whole or in part, the properties and improve-
ments thereon, and described herein, within and without the City
|
|