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Session Laws, 1976
Volume 734, Page 1667   View pdf image
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MARVIN MANDEL, Governor                             1667

Supplement) be and they are hereby repealed and
reenacted, with amendments, and transferred from the
Annotated Code of Maryland to the Session Laws, to read
as follows:

State Highway Construction Bonds,
PART (A) — First Issue

§1. [§ 189.] Definitions.

As used in this subheading the words "expressway,"
"controlled access arterial highway," "arterial highway,"
"bridge," "railroad grade separation" and "project" shall
have the same meaning as set forth in § 29 of [this
article] ARTICLE 89B OF THE ANNOTATED CODE OF MARYLAND
(1957 EDITION, AS AMENDED), unless the context shall
indicate another or different meaning or intent.

§2. [§ 190.] Restrictions as to termini; volume of
traffic.

Any project involving construction of one or more
sections of expressway, or one or more sections of
controlled access arterial highway, shall be continuous
and shall have each of its termini (a) at or within the
limits of a city or town of the State, which city or town
is recognized by the Commission as a principal traffic
generating center, or (b) at a connection in this State
or at the State boundary with a route recognized by the
Commission as a principal traffic distribution,
collection or dispersal artery. No expressway shall be
constructed to serve a traffic volume of less than an
average of 5,000 vehicles per day, and no controlled
access arterial highway shall be constructed to serve a
traffic volume of less than an average of 3,000 vehicles
per day, such traffic volumes to have been determined
over a period of one year prior to the initiation of the
project by procedures heretofore used by the State Roads
Commission to establish densities of traffic.

§3. [§ 191.] Authority of State Roads Commission.

The State Roads Commission of Maryland is hereby
authorized and empowered to provide by resolution for the
issuance in series, from time to time, of State highway
construction bonds in an aggregate principal amount not
to exceed $100,000,000 for any or all of the following
purposes: (a) Refunding, together with any monies
available for such purposes, any or all of the
outstanding refunding and improvement bonds of the
Commission issued pursuant to the provisions of §§ 147a
to 147F, inclusive, of Article 89B of the Annotated Code
of Maryland (1947 Supplement), and any or all of the
outstanding Chesapeake Bay ferry system improvement bonds
of the Commission issued pursuant to the provisions of §§
140N to 140U, inclusive, of said Article 89B (1947
SUPPLEMENT), as amended by Acts of 1945, Chapter 755,
including the payment of the redemption premium thereon;

 

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Session Laws, 1976
Volume 734, Page 1667   View pdf image
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