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Session Laws, 1972
Volume 708, Page 1167   View pdf image
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Marvin Mandel, Governor                        1167

with the procedure prescribed by this subheading. The new bonds
shall be secured to the same extent and shall have the same source
of payment as the bonds refunded.

(d) As an alternative to the procedures for the issuance of rev-
enue bonds authorized by this subheading", any municipal corpora-
tion subject to the provisions of Article HE of the Constitution
of Maryland may, by charter amendment adopted pursuant to Article
23A, Sections 31 through 39, inclusive, as amended from time to
time, of this Code, provide for the issuance of revenue bonds on
such terms and conditions as said municipal corporation may deem
necessary or appropriate to enable it to exercise the authority and
achieve the public purpose contained in Section 266B of this article.

Sec. 2. And be it further enacted, That the provisions of this
Act are severable, and it is the intention to confer the whole or any
part of the powers herein provided for, and if any of the provisions
of this Act shall be held unconstitutional by any court of competent
jurisdiction, the decision of such court shall not affect or impair
any of the remaining provisions of this Act. It is hereby declared
to be the legislative intent that this Act would have been adopted
had such unconstitutional provision not been included therein.

Sec. 3. And be it further enacted, That this Act shall take effect
June 1, 1972.

Approved May 26, 1972.

CHAPTER 353
(Senate Bill 677)

AN ACT to repeal and re-enact, WITH AMENDMENTS, SECTIONS
1 AND 8, 2, AND TO REPEAL AND RE-ENACT, without change,
Sections 6 and 7 of Chapter 403 of the Acts of the General Assem-
bly of 1969, AS SECTION 1 WAS AMENDED BY CHAPTER 2
OF THE ACTS OF THE SPECIAL SESSION OF DECEMBER
16,1969, AND as SECTIONS 6 AND 7 WERE amended by Chapter
4 of the Acts of the Special Session of December 16, 1969, and
as amended and supplemented AND WERE AMENDED, WITH-
OUT CHANGE, by Chapter 702 of the Acts of 1970, and by
Chapter 730 of the Acts of 1971, and to add new Section 11D
thereto, to follow immediately after Section 11C thereof, in order
to designate what projects are to be
funded in what amounts
during the
fiscal year 1973 by the Outdoor Recreation Land Loan
of 1969
TO INCREASE THE TOTAL AMOUNT OF FUNDS
WHICH THE STATE OF MARYLAND IS AUTHORIZED TO
BORROW UNDER THE OUTDOOR RECREATION LAND
LOAN OF 1969 FOR PURPOSES OF PROGRAM OPEN SPACE,
AND TO DESIGNATE THE PROJECTS WHICH ARE TO BE
FUNDED UNDER THIS PROGRAM FOR THE 1973 FISCAL
YEAR and to resolve any possible doubt about the validity and
effectiveness of such designation which might arise from a con-
clusion that such designation is an appropriation of State debt

 

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Session Laws, 1972
Volume 708, Page 1167   View pdf image
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