2642 Municipal Charters
Section 9. The powers granted by this Act are additional and cum-
ulative and the bonds authorized by this Act may be issued notwith-
standing that other laws may provide for the issuance of other bonds
or the borrowing of money for the same or similar purposes on the
same or other terms and conditions.
Section 10. The provisions of this Act are severable, and if any
of its provisions shall be held unconstitutional or invalid by any court
of competent jurisdiction, the decision of such court shall not affect or
impair any of the remaining provisions. It is hereby declared to be the
legislative intent that this Act would have been adopted had such un-
constitutional or invalid provisions not been included herein.
Section 11. This Act shall take effect on the 76th day following its
enactment.
Certified correct as passed.
President
Secretary
Enacted August 5, 1969
Effective October 20, 1969
July Legislative Session 1969
Chapter 21
(Bill No. 22-69)
An Act authorizing the issuance of bonds of Montgomery County,
Maryland, in a principal amount not exceeding $2,350,000 upon its
full faith and credit, for parking lots for the Silver Spring Parking
Lot District, prescribing the terms and conditions upon which said
bonds shall be issued and delivered and other incidental details with
respect thereto, and providing for the application of the proceeds
of such bonds and for the levy of taxes for the payment of the
principal and interest thereof.
Be It Enacted by the County Council for Montgomery County, Maryland,
that—
Section 1. Montgomery County, Maryland, is hereby authorized, at
any time and from time to time, upon its full faith and credit, to borrow
money and to incur indebtedness in a total amount not to exceed $2,350,000
for the purpose of financing the construction and improvement of off-
street parking lots and facilities for the parking of automobiles and other
vehicles for the Silver Spring Parking Lot District, as described in Title
II, Chapter 44, Section 44-1, paragraph (a), entitled "Silver Spring
Parking Lot District" of the Montgomery County Code 1965, as now or
hereafter amended, or acquiring such parking lots and facilities or sites
therefor, and in evidence of such borrowing and indebtedness to issue
its bonds at one time or from time to time, in various series, in an
aggregate principal amount not to exceed $2,350,000.
Section 2. Before the issuance of any series of said bonds, the
County Council shall by resolution determine the amount or amounts
|
![clear space](../../../images/clear.gif) |