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1281
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MARVIN MANDEL, Governor
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BONDS OR OTHER OBLIGATIONS. WITH REGARD TO LEGAL
INVESTMENTS, THIS SECTION MAY NOT BE CONSTRUED TO RELIEVE
ANY PERSON OF ANY DUTY OF EXERCISING REASONABLE CASE IN
SELECTING SECURITIES.
13. SHORT TITLE
THIS ACT SHALL BE KNOWN AND MAY BE CITED AS THE
REDEVELOPMENT URBAN RENEWAL ACT.
SECTION 2. AND BE IT FURTHER ENACTED, That if any
provision of this subheading, or the application thereof
to any person or circumstances is held invalid, the
remainder of the subheading and the application of such
provision to persons or circumstances other than those as
to which it is held invalid, shall not be affected
thereby. The powers conferred by this subheading shall
be in addition and supplemental to the powers conferred
by any other law.
SECTION 3. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1977.
Approved March 8, 1977.
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CHAPTER 26
(House Bill 587)
AN ACT concerning
Talbot County - Urban Renewal in Trappe
FOR the purpose of authorizing the municipal corporation
of Trappe in Talbot County to undertake by
appropriate legislative action an urban renewal and
redevelopment program; defining certain terms;
specifying certain powers of Trappe with regard to
urban renewal projects; establishing an urban
renewal agency; providing for the preparation and
approval of a plan for an urban renewal project;
providing for the disposal of property in an urban
renewal area; granting certain powers of eminent
domain; encouraging certain private enterprise;
providing for general obligation and revenue bonds;
and establishing a short title.
Preamble
WHEREAS, It is hereby found and declared that there
exists in Trappe, Maryland, areas or conditions which
require redevelopment, renewal, or rehabilitation with
the aid and assistance of federal and other government
funds; that the existence of those areas contributes to
the spread of crime and disease, constitutes an economic
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