Effective Date January 1, 1999]

CHEVY CHASE

(Montgomery County)
Resolution No. 98-005

SUBJECT: Amendments to Article II, Section 205 of the Town Charter, entitled
"Officers of the council".

WHEREAS, Article II, Section 205(a) of the Town Charter authorizes the Town
Council to elect one of its members to act as the mayor; and

WHEREAS, the Town Council has historically permitted council members to be
elected to consecutive one (1) year terms as mayor; and

WHEREAS, although the Town Council and the town have benefited in the past
in permitting a council member to serve consecutive one (1) year terms as mayor, the
Town Council now believes that the Town Council and the Town will be better served
by limiting the number of consecutive terms a council member may serve as mayor.

[Section 205 of Article II of the Charter of the Town of Chevy Chase,
Montgomery County, as found in the Public Local Laws of Maryland - Compilation of
Municipal Charters (1990 Replacement Edition and 1998 Supplement), repealed and
reenacted, with amendments.

Effective Date August 27, 1998]

SECTION 3 OF THE VILLAGE OF CHEVY CHASE

(Montgomery County)

Resolution 1999-1R
Charter Amendment

The purpose of the change in the charter is to allow the Council to lower the
property tax from the currently mandated $.10 per $100 assessed valuation. The
current tax rate is $.18 per $100 assessed valuation. Were the Council to entertain a
dramatic lowering or abolition of the tax, the Charter currently does not permit this
action. By changing the wording, the Council would have the freedom to lower your
property tax below $.10 per $100 assessed valuation. A CHARTER AMENDMENT TO
DELETE THE REQUIREMENT THAT THE SECTION 3 REAL PROPERTY TAX
RATE SHALL NOT BE LESS THAN TEN CENTS PER ONE HUNDRED DOLLARS
OF ASSESSED VALUATION

[Section 701 of the Charter of the Village of Chevy Chase, Section 3,
Montgomery County, as found in the Public Local Laws of Maryland - Compilation of
Municipal Charters. (1990 Replacement Edition and 1998 Supplement), repealed and
reenacted, with amendments.