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Session Laws, 1975
Volume 716, Page 3708   View pdf image
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3708

LAWS OF MARYLAND

[Ch. 892

AGREEMENT MAY not be binding upon the Commission or upon
the State of Maryland [and] OR upon Montgomery County or
the County Commissioners of Prince George's County until
it [shall have] HAS been approved by the County Council
of Montgomery County and the County Commissioners of
Prince George's County.

(e) Supplementary agreements and amendments.
Agreements supplementary to any contract or commitment,
or amendment thereof, heretofore or hereafter entered
into by the Commission, and having reference (1) to the
acquisition of particular units of land in the
Metropolitan District comprising portions of a general
park plan adopted in any such contract or commitment and
also (2) prescribing the details incident to financing
[any such] THE acquisition, may [hereafter] be entered
into by the Commission with the United States of America
or any agency or bureau thereof or with the National
Capital Planning Commission upon the conditions
hereinafter in this section set forth.

(f) Approval of supplementary agreements;
conditions. Each [such] supplementary agreement shall
first be submitted for approval to the County Council of
Montgomery County or the County Commissioners of Prince
George's County, depending upon the location of the unit
or units of park land involved. The [County Council or
County Commissioners ] RESPECTIVE COUNTY shall approve the
agreement, if it [shall] finds that (1) the boundaries of
the unit of land to be acquired pursuant to the
supplementary agreement are within the general park plan
adopted by the contract or commitment to which the
agreement is supplementary; and (2) the Commission will
be able to meet the obligations to be incurred by it in
[such] THE acquisition, including the payment of interest
on [any such] THE obligations, from the proceeds of the
seven cent (7¢) tax authorized and directed to be levied
in that portion of the Metropolitan District lying within
Montgomery County or from the proceeds of the five cent
(5¢) tax authorized and directed to be levied in that
portion of the Metropolitan District lying within Prince
George's County. In determining whether the Commission
will be able to meet [such] THE obligation from the
proceeds of [said] THE taxes, the County Council or
County Commissioners shall compute the proceeds upon the
assessable basis of those portions of the Metropolitan
District lying within Montgomery or Prince George's
Counties, respectively[,] for the fiscal year in which
[such] approval is sought and upon the assumption that
the entire tax levied will be collected so long as any of
the obligations to be incurred pursuant to [any such] THE
supplementary agreement are outstanding and unpaid.

(g) Manner of approval. The approval by the

 

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Session Laws, 1975
Volume 716, Page 3708   View pdf image
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