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Ch. 75
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2002 LAWS OF MARYLAND
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compensation; declaring that all land or property taken under this Act is needed
for public uses or purposes; authorizing the legislative body of the Town of
Cottage City by ordinance to elect to have the powers granted by this Act
exercised by a certain public body; imposing certain requirements for the
initiation and approval of an urban renewal project; providing for the disposal of
property in an urban renewal area; authorizing the municipal corporation to
issue certain bonds under certain circumstances; clarifying that this Act may be
amended or repealed only by the General Assembly of Maryland; defining
certain terms; and generally relating to urban renewal authority for slum
clearance for the Town of Cottage City in Prince George's County.
BY adding to
Chapter 37 - Charter of the Town of Cottage City
Section A1-101 through A1-114, inclusive, to be under the new heading
"Appendix I - Urban Renewal Authority for Slum Clearance"
Public Local Laws of Maryland - Compilation of Municipal Charters
(1990 Replacement Edition and 2001 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Public Local Laws of Maryland - Compilation of Municipal
Charters read as follows:
Chapter 37 - Charter of the Town of Cottage City
APPENDIX I - URBAN RENEWAL AUTHORITY FOR SLUM CLEARANCE
A1-101. DEFINITIONS.
(A) IN THIS APPENDIX THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.
(B) "BLIGHTED AREA" MEANS AN AREA OR PROPERTY IN WHICH A BUILDING
OR BUILDINGS HAVE DECLINED IN PRODUCTIVITY BY REASON OF OBSOLESCENCE,
DEPRECIATION, OR OTHER CAUSES TO AN EXTENT THEY NO LONGER JUSTIFY
FUNDAMENTAL REPAIRS AND ADEQUATE MAINTENANCE.
(C) "BONDS" MEANS ANY BONDS (INCLUDING REFUNDING BONDS), NOTES,
INTERIM CERTIFICATES, CERTIFICATES OF INDEBTEDNESS, DEBENTURES, OR
OTHER OBLIGATIONS.
(D) "FEDERAL GOVERNMENT'' MEANS THE UNITED STATES OF AMERICA OR
ANY AGENCY OR INSTRUMENTALITY, CORPORATE OR OTHERWISE, OF THE UNITED
STATES OF AMERICA.
(E) "MUNICIPALITY" MEANS THE TOWN OF COTTAGE CITY, MARYLAND.
(F) (1) "PERSON" MEANS ANY INDIVIDUAL, FIRM, PARTNERSHIP,
CORPORATION, COMPANY, ASSOCIATION, JOINT STOCK ASSOCIATION, OR BODY
POLITIC.
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- 1192 -
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