Delmar                                             2065

DELMAR

Wicomico County
A Charter Amendment Entitled

A Resolution and Ordinance to repeal and re-enact with amend-
ments Section 50 of Article 23 of the Code of Public Local Laws of
Wicomico County (1965 Edition) title "Delmar," subtitle "Borrowing
Power," relating to the aggregate sum which the Commissioners of
Delmar may borrow on the faith and credit of the Town of Delmar.

Section 1. BE IT RESOLVED AND ORDAINED by the Commis-
sioners of Delmar, by virtue of the authority granted in Article HE of the
Constitution of Maryland, that Section 50 of Article 23 of the Code of
Public Local Laws of Wicomico County (1965 Edition) title "Delmar,"
subtitle "Borrowing Power," be and the same is hereby repealed and re-
enacted with amendments to read as follows:

50. Borrowing power.

The Commissioners of Delmar are hereby authorized and empowered
to borrow on the faith and credit of the Town of Delmar and for the use
of the Town of Delmar any sum or sums of money, in all not exceeding in
the aggregate the sum of [seventy-five hundred dollars ($7,500.00)]
TWENTY-FIVE THOUSAND DOLLARS ($25,000.00), and may issue
notes or other evidence of indebtedness for the same, and in such sums and
payable at such times as they may prescribe by ordinance or otherwise;
provided, that the payment of said notes or other evidence of indebtedness
issued under authority of this section and the interest thereon must be
paid by the Commissioners of Delmar from the general taxes levied for the
use of the town under the power conferred by its Charter, the levying or
collecting of any special tax for the payment of such notes or other evidence
of indebtedness being expressly prohibited.

Section 2. AND BE IT FURTHER RESOLVED AND ORDAINED
by the Commissioners of Delmar that this Charter Amendment shall take
effect fifty (50) days from the date of the passage thereof.

Date Introduced: May 11, 1970
Date Passed: May 11, 1970
COMMISSIONERS OF DELMAR
By: C. Albert Whaley, President
ATTEST:
Samuel J. Mitchell, Clerk-Treasurer

A Charter Amendment Entitled

A Resolution and Ordinance to repeal Section 52(d) and to repeal
and re-enact with amendments Section 52(a), (b), (c) and (e) of
Article 23 of the Code of Public Local Laws of Wicomico County
(1965 Edition) title "Delmar," subtitle "Tax levy; collection" relating
to the tax rate, the fiscal year and the method of collection of taxes in
the Town of Delmar.

Section 1. BE IT RESOLVED AND ORDAINED by the Commis-
sioners of Delmar by virtue of authority granted in Article HE of the
Constitution of Maryland, that Section 52(d) be and the same is hereby