2462
LAWS OF MARYLAND
Ch. 712
(c) (2) Upon determination by the housing
opportunities commission to issue bonds under this
authority, the housing opportunities commission shall
provide the county executive with information concerning the
proposed bonds and the housing projects to be benefited by
the funds from the sale of such bonds, including, but not
limited to, the following:
(viii) Separate [schedule] SCHEDULES
showing the cost, benefit, and effect on rent schedules of
additional safeguards to assure solvency of the project.
These schedules would address such devices as mortgage
insurance and debt service reserves, and would reflect the
housing opportunities commission's recommendation for it or
use of the devices;
(3) The local law implementing this authority
shall provide procedures for review and approval of the
issuance of bonds guaranteed by the county government,
including the following:
(i) The county executive shall consider
and comment on the feasibility of the proposed bond
guarantee and each housing project contemplated by the
proposed bond guarantee, and recommend whether the proposed
bond guarantee should be approved and any terms and
conditions advisable for the approval. The county
executive's recommendation shall include a statement that
the proposed project is fully [self supporting]
SELF-SUPPORTING. This statement of feasibility shall be
supported by an acceptable independent feasibility study
furnished by the housing opportunities commission. This
independent feasibility study will not be required in the
case of projects financed, insured, or assisted by the State
or federal government.
Article 45 - Husband and Wife
5.
Married women shall have power to engage in any
business, and to contract, whether engaged in business or
not, and to sue upon their contracts, and also to sue for
the recovery, security or protection of their property, and
for torts committed against them, as fully as if they were
unmarried; contracts may also be made with them, and they
may also be sued separately upon their contracts, whether
made before or during marriage, and for wrongs independent
of contract committed by them before or during their
marriage, as fully as if they were unmarried; and upon
judgments recovered against them, execution may be issued as
if they were unmarried; nor shall any husband be liable upon
any contract made by his wife in her own name and upon her
own responsibility, nor for any tort committed separately by
her out of his presence, without his participation or
sanction.
|
|