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Session Laws, 1972
Volume 708, Page 2842   View pdf image
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2842                            County Local Laws

thereof new Sections 2, 3 and 4 to provide that the authority
granted by said Chapter 21 be in accordance with and be im-
plemented in accordance with the provisions of Section 2-111
through 2-119, inclusive, of the Montgomery County Code 1965,
as amended by Chapter 23, of the Laws of Montgomery County
1971, excepting therefrom only subsections (a), (b), (c) and
(d) of Section 2-111, and to provide for the levy of taxes for the
payment of the principal and interest of any bonds issued pursu-
ant to said Chapter 21.

Be It Enacted by the County Council for Montgomery County,
Maryland,
that—

SEC. 1. Section 1 of Chapter 21 (Bill No. 22-69) of the Laws of
Montgomery County 1969 is hereby repealed and reenacted, with
amendments, to read as follows:

Section 1. Montgomery County, Maryland, is hereby author-
ized, 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, re-
construction, improvement, extension, acquisition, enlargement, al-
teration, repair, modernization, relocation, grading, resurfacing,
widening, and drainage 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, includ-
ing the acquisition and development of sites therefor, the architectural
and engineering services incident thereto and the acquisition and in-
stallation of necessary furnishings and fixed permanent equipment
therefor. The proceeds from the bonds issued pursuant to this Act
may be applied to the payment of the first six months' interest on said
bonds.

Sec. 2. Secs. 2, 3, 4, 5, 6, 7, 8, 9, and 10 of Chapter 21 (Bill No.
22-69) of the Laws of Montgomery County 1969 are hereby repealed
in their entirety.

Sec. 3. New Sections 2, 3 and 4 are hereby added to Chapter 21
(Bill No. 22-69) of the Laws of Montgomery County 1969 to follow
immediately after Sec. 1 thereof and read as follows:

Section 2. Sections 2-111 through 2-119, inclusive, of the Mont-
gomery County Code, 1965, as amended, and each and every part of
such sections, excepting therefrom only subsections (a), (b), (c), and
(d) of Sec. 2-111, be and they are hereby incorporated in this Act,
by reference, as a part hereof, it being the intention of the County
Council that said sections shall be applicable in all respects to the
borrowing of money, the issuance of bonds, the application of the

 

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Session Laws, 1972
Volume 708, Page 2842   View pdf image
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