Evening star., 1947-04-11

oil FfeIIn7In0T'
Laws. a. The people Of Montgom-
lery County reserve to themselves the
power by petition to have submitted
| to the registered voters OF the county
for approval or rejection by them
by a majority vote at the next regu-
eral officer, any public local law
hereafter enacted as follows:
(D Granting any right or title
In any county real or leasehold
property. or granting any franchise
lar or special election in Montgon1-
cry County for any State or Fed
or special privilege, other than a
license revocable at pleasure.
Cd Authorizing any issue OF
bonds, certificates of indebted
ness, notes or other obligations of
the county or renewal thereof ex-
cept for the following in an aggre-
gate in any one year not exceeding
u Of / per centum of the assessable
basis of the county: Bonds, certif1-
Gates of Indebtedness, notes or other
obligations
(a) for a term Of less than II
months, or
% for refunding county obliga-
tions issued prior to the adoption
OF this charter. or
(c) for public schoolsites or con-
struction or remodeling of public
school buildings.
b. Any referendum petition here
under shall be filed with the Board
of Election Supervisors prior to Au-
gust Is following the enactment OF
the law and shall bear the sigma
lures Of at least per centum OF
the registered voters Of the county.
No such law shall become effective
prior to August Is. : ="
Cd In accordance with the proyi-
sions of Article XVI of the Mary
land Constitution, the people Of
Montgomery County reserve to
themselves power known as the
referendum, by petition to have
submitted to the registered voters
|of Montgomery County to approve
or reject at the polls, any public
local law. or any part of any public
local law, passed by the County
Council.
(e) Any referendum petition here
under shall be filed with the Board
of Election Supervisors prior to
July ! following the enactment of
the law. tAny such referendum
petition shall be sufficient If signed
by 10 per cent of the qualified vot-
ers of said county, calculated upon
the whole number of votes cast
therein respectively for Governor
at the last preceding gubernatorial
election.) -
Section I. Limitation on Bond
Issues. (a) No bonds, certificates Of
indebtedness, notes, or other obh-
cations other than notes for term
not in excess of IL months shall be
issued by the county on its faith
and credit for its corporate uses in
an amount exceeding in the aggre-
gate, with any outstanding bonds,
certificates of Indebtedness, notes or
other obligations heretofore issued
by the county, I per centum upon
the assessable basis of the county at
time of issuance.
CD No bond, certificate of indebt-
edness, note, or other obligation of
the county shall be issued by it for
"a term in excess of u months unless
such bond, certificate of indebted
ness, note, or other obligation Is,
and so states on its face, callable
by the County Council in executive
session at any time more than five
years after issuance at face value
and accrued interest. AL issues of
bonds, certificates of Indebtedness,
notes, or other obligations of the
county for term in excess OF 70
months shall be issued on serial
maturity plan and the last
linstallment of the series shall be-
come due not later than 80 years
after date of issuance.
ARTICLE III.-THE EXECUTIVE
BRANCH.
Section l. Composition. The
executive branch of the County Gov
ernment shall be composed OF the
County Council in Executive Ses-
sion, the County Manager, the heads
| of the several departments of Coun-
| ty Government, the County Per-
sonnel Board, the ONCE Of the
County Attorney, and such other
agencies Of County Government as
the County Council may by law
tprovide.
Section 2. General Executive
Powers. The County Council is the
chief executive authority of the
county and is vested with the execu-
tive power thereof and constitutes
the county commissioners thereof.
For the exercise of such powers the
County Council shall sit in execu-
tive session at least once in each
calendar month. - The executive
sessions of the County Council shall
be open or closed to the public > :
as the County Council may de-
termine.
Section 5. Specific Executive
vvxx- - - VI