GLENARDEN                                              4015

CHARTER AMENDMENT NO. R-14-80 REPEALING INTEREST CEILING OF
SECTION 80(10)(C) OF THE GLENARDEN TOWN CHARTER "ENTITLED
REVENUE BONDS".

BE IT HEREBY RESOLVED, by the Town Council of
Glenarden, Maryland, sitting in regular Session this 14th
day of April, 1980, as follows:

[Section 39-80(10)(c) of the Code of Public Local Laws
of Prince George's County, (1963 Edition and 1967
Supplement) repealed and reenacted, with amendments.

Effective Date June 3, 1980]

GREENBELT

(Prince George's County)

CHARTER AMENDMENT RESOLUTION NUMBER 1980-1

RESOLUTION NUMBER 454

RESOLUTION OF THE CITY OF GREENBELT, MARYLAND, TO AMEND
SECTION IV OF CHARTER AMENDMENT RESOLUTION NUMBER 1979-2,
TITLE "RESOLUTION OF THE CITY OF GREENBELT, MARYLAND,
ENLARGING THE CORPORATE BOUNDARIES OF THE CITY OF GREENBELT
BY ANNEXING LAND CONTIGUOUS AND ADJOINING THE EXISTING
CORPORATE AREA, KNOWN AS PARCELS A AND C, GREENBELT EAST
SUBDIVISION, TOGETHER WITH ADJACENT PUBLIC ROADWAYS, AND
PROVIDING FOR THE SPECIAL TREATMENT OF TAXABLE REAL PROPERTY
IN THE AREA ANNEXED FROM THE EFFECTIVE DATE OF ANNEXATION
THROUGH THE TAXABLE YEAR ENDING JUNE 30, 1985", TO PROVIDE
FOR A THREE YEAR PHASE-IN OF THE LEVY OF CITY REAL PROPERTY
TAXES UPON TAXABLE REAL PROPERTY WITHIN PARCEL A, GREENBELT
EAST SUBDIVISION INSTEAD OF THE FIVE YEAR PHASE-IN OTHERWISE
PROVIDED

WHEREAS, Charter Amendment Resolution Number 1979-2
provides for the annexation to the City of Greenbelt (the
"City" of certain parcels of land therein described and for
the special treatment of taxable real property in the area
annexed through the taxable year ending June 30, 1985; and

WHEREAS, Greenway Center Associates Limited
Partnership, owner of one of such annexed parcels of land
known as Parcel A of Greenbelt East Subdivision ("Parcel
A"), in an agreement with the City, dated July 15, 1980, has
agreed that in return for an increase in the City's
commitment to finance public road improvements in the area
annexed the City may phase-in the levy of taxes on Parcel A
over a three-year period instead of a five-year period, as
provided in Charter Amendment Resolution Number 1979-2; and

WHEREAS, in accordance with such agreement the Council
of the City has determined to initiate a resolution to