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Session Laws, 1969
Volume 692, Page 740   View pdf image
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740                             LAWS OF MARYLAND                     [CH. 280

or any institution or department thereof, except salaries of the em-
ployees or otherwise provided for by law, shall not be payable unless
the same shall be verified by a statement thereon that said account
is "certified true and correct and payment not received," and all in-
debtedness of the County shall be paid by check or draft or warrant
of the County Commissioners, signed by the President of the County
Commissioners and countersigned by the Clerk of the County Com-
missioners and the Treasurer of the County, provided, however,
that facsimile signatures, so defined in Section 13 of Article 31 of
the Annotated Code of Maryland (1957 Edition, as amended), may
be used for any [two] of the aforesaid officers, [on any one instru-
ment, and provided further that at least one signature required to be
placed thereon shall be manually subscribed.]

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1969.

Approved April 23, 1969.

CHAPTER 280
(House Bill 308)

AN ACT to repeal and re-enact, with amendments, Section 68-29 (a)
of the Code of Public Local Laws of Prince George's County (1963
Edition, as enacted by Article 336 of the Acts of 1968, being
Article 17 of the Code of Public Local Laws of Maryland), title
"Prince George's County," subtitle "Seat Pleasant," amending the
Charter of the Town of Seat Pleasant in order to correct an error
therein in the laws concerning urban renewal.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 68-29 (a) of the Code of Public Local Laws of Prince
George's County (1963 Edition, as enacted by Article 336 of the
Acts of 1968, being Article 17 of the Code of Public Local Laws of
Maryland), title "Prince George's County," subtitle "Seat Pleasant,"
be and it is hereby repealed and re-enacted, with amendments, to
read as follows:

68-29.

(a) Procedure. In addition to the authority conferred by Sec-
tion [63-41] 68-13 of this Charter, the municipality shall have the
power to issue revenue bonds to finance the undertaking of any
urban renewal project and related activities, and shall also have
power to issue refunding bonds for the payment or retirement of
such bonds previously issued by it. Such bonds shall be made pay-
able, as to both principal and interest, solely from the income, pro-
ceeds, revenues and funds of the municipality derived from or held
in connection with its undertaking and carrying out of urban
renewal projects under this article; provided, however, that payment
of such bonds, both as to principal and interest, may be further
secured by a pledge of any loan, grant or contribution from the
federal government or other source, in aid of any urban renewal
projects of the municipality under this article, and by a mortgage

 

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