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Martin O'Malley, Governor
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H.B. 1366
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(2) TO PREPARE PLANS FOR THE RELOCATION OF PERSONS
(INCLUDING FAMILIES, BUSINESS CONCERNS, AND OTHERS) DISPLACED FROM
AN URBAN RENEWAL AREA, AND TO MAKE RELOCATION PAYMENTS TO OR WITH
RESPECT TO THOSE PERSONS FOR MOVING EXPENSES AND LOSSES OF
PROPERTY FOR WHICH REIMBURSEMENT OR COMPENSATION IS NOT
OTHERWISE MADE, INCLUDING THE MAKING OF PAYMENTS FINANCED BY THE
FEDERAL GOVERNMENT;
(3) TO APPROPRIATE WHATEVER FUNDS AND MAKE WHATEVER
EXPENDITURES AS MAY BE NECESSARY TO CARRY OUT THE PURPOSES OF THIS
APPENDIX, INCLUDING, BUT NOT LIMITED:
(I) TO THE PAYMENT OF ANY AND ALL COSTS AND
EXPENSES INCURRED IN CONNECTION WITH, OR INCIDENTAL TO, THE
ACQUISITION OF LAND OR PROPERTY, AND FOR THE DEMOLITION, REMOVAL,
RELOCATION, RENOVATION, OR ALTERATION OF LAND, BUILDINGS, STREETS,
HIGHWAYS, ALLEYS, UTILITIES, OR SERVICES, AND OTHER STRUCTURES OR
IMPROVEMENTS, AND FOR THE CONSTRUCTION, RECONSTRUCTION,
INSTALLATION, RELOCATION, OR REPAIR OF STREETS, HIGHWAYS, ALLEYS,
UTILITIES, OR SERVICES, IN CONNECTION WITH URBAN RENEWAL PROJECTS;
(II) TO LEVY TAXES AND ASSESSMENTS FOR THOSE
PURPOSES;
(III) TO BORROW MONEY AND TO APPLY FOR AND ACCEPT
ADVANCES, LOANS, GRANTS, CONTRIBUTIONS, AND ANY OTHER FORM OF
FINANCIAL ASSISTANCE FROM THE FEDERAL GOVERNMENT, THE STATE,
COUNTY, OR OTHER PUBLIC BODIES, OR FROM ANY SOURCES, PUBLIC OR
PRIVATE, FOR THE PURPOSES OF THIS APPENDIX, AND TO GIVE WHATEVER
SECURITY AS MAY BE REQUIRED FOR THIS FINANCIAL ASSISTANCE; AND
(IV) TO INVEST ANY URBAN RENEWAL FUNDS HELD IN
RESERVES OR SINKING FUNDS OR ANY OF THESE FUNDS NOT REQUIRED FOR
IMMEDIATE DISBURSEMENT IN PROPERTY OR SECURITIES WHICH ARE LEGAL
INVESTMENTS FOR OTHER MUNICIPAL FUNDS;
(4) (I) TO HOLD, IMPROVE, CLEAR, OR PREPARE FOR
REDEVELOPMENT ANY PROPERTY ACQUIRED IN CONNECTION WITH URBAN
RENEWAL PROJECTS;
(II) TO MORTGAGE, PLEDGE, HYPOTHECATE, OR
OTHERWISE ENCUMBER THAT PROPERTY; AND
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- 4875 -
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