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MARVIN MANDEL, Governor 381
COMMISSION ORIGINALLY PAID FOR THE LAND, PLUS REASONABLE
INTEREST AND ADMINISTRATIVE COSTS.
REVISOR'S NOTE: This section is new language that
combines and clarifies the respective
priorities of Art. 89B, §6 and the last
sentence of §208.
In the first sentence of subsection (b)(2) of
this section, the phrase "amount equal to the
consideration ... paid for the land" is
substituted for the present, somewhat unclear,
"original or book value"; the revised language
reflects actual practice. The last sentence
of subsection (b) (2) is new language added to
clarify what happens if the right of first
refusal is not exercised.
In subsection (c)(4) of this section, the
informational requirements for both the sign
and the published notice are conformed.
In subsections (e) and (f) of this section, an
exception as to property from an abandoned
project is added. This is required by the
inclusion, in subsection (b)(2) of this
section, of the requirements of present Art.
89B, §208 as to first refusal.
Art. 89B, §6(3), which provides for the
disposition of money received from the sale of
property under this section, is deleted as
obsolete in light of §3-216 of this article,
which requires the deposit of all Departmental
funds in the Transportation Trust Fund.
The only other changes are in style.
As to subsection (b)(2) of this section, it
should be noted that no time period is
specified within which a prior owner Bust
exercise his right to reacquire property from
an abandoned project. Clarification might be
appropriate.
8-310. RESERVED.
8-311. RESERVED.
PART II. PURPOSES FOR WHICH PROPERTY MAY BE ACQUIRED.
8-312. SCOPE OF PART.
(A) PURPOSES NOT EXCLUSIVE.
THE PURPOSES OF ACQUISITION SPECIFIED IN THIS PART
ARE IN ADDITION TO ANY OTHERS SPECIFIED BY LAW.
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