3237
PRINCE GEORGE'S COUNTY
AUTHORIZATION ORDINANCE AS REFERRED TO IN SECTION 814
OF THIS CHARTER SHALL INCLUDE A STATEMENT OF THE
PURPOSE OR PURPOSES OF THE ISSUE, AND IF THE PURPOSE
IS TO FINANCE ONE OR MORE CAPITAL PROJECTS, IT SHALL
DESCRIBE EACH OF THEM SUFFICIENTLY FOR PURPOSES OF
IDENTIFICATION, BUT NO CAPITAL PROJECT SHALL BE
INCLUDED UNLESS THE AMOUNT INCLUDED THEREIN SHALL BE
DEEMED SUFFICIENT TO COMPLETE AT LEAST A USABLE
PORTION OF SUCH PROJECT. THE ORDINANCE SHALL ESTIMATE
THE COST OF THE PROJECT OR PROJECTS AND THE PORTION
THEREOF TO BE DEFRAYED FROM SOURCES, SPECIFICALLY
NAMED, OTHER THAN THE PROPOSED BOND ISSUES. THE
ORDINANCE SHALL ALSO INCLUDE THE AMOUNT OF THE
PROPOSED ISSUE; A STATEMENT SHOWING THAT THE PROPOSED
ISSUE IS WITHIN THE LEGAL LIMITATION ON THE
INDEBTEDNESS OF THE COUNTY; THE PROBABLE USEFUL LIFE
OF THE PROJECT OR AVERAGE PROBABLE USEFUL LIFE OF THE
PROJECTS TO BE FINANCED; THE DATE OF THE ISSUE; THE
DATES OF THE FIRST AND LAST SERIAL MATURITIES; THE
DATES ON WHICH THE INTEREST SHALL BE PAID; A
DECLARATION THAT THE PRINCIPAL OF AND THE INTEREST ON
THE PROPOSED ISSUE ARE TO BE PAID BY AD VALOREM TAXES
ON REAL ESTATE AND TANGIBLE PERSONAL PROPERTY AND
INTANGIBLE PROPERTY SUBJECT TO TAXATION BY THE COUNTY
WITHOUT LIMITATION OF RATE OR AMOUNT, AND IN ADDITION,
UPON SUCH OTHER INTANGIBLE PROPERTY AS MAY BE SUBJECT
TO TAXATION BY THE COUNTY WITHIN LIMITATIONS
PRESCRIBED BY LAW, EXCEPT FOR SELF-LIQUIDATING BONDS;
AND THAT THE FULL FAITH AND CREDIT OF THE COUNTY ARE
PLEDGED TO SUCH PAYMENTS. THE ORDINANCE SHALL ALSO
RECITE THE PROCEDURE FOR THE PUBLIC SALE OF THE
PROPOSED ISSUE AND SHALL CONTAIN SUCH OTHER MATTERS
RELATING TO THE AUTHORIZATION, ISSUANCE OR SALE OF THE
ISSUE AS THE COUNCIL SHALL DEEM DESIRABLE.
SECTION 828. FURTHERING LEGISLATION. THE
COUNCIL MAY ADOPT SUCH BUDGET AND FISCAL LAWS TO
IMPLEMENT THE OBJECTS AND PURPOSES OF THIS ARTICLE AS
IT SHALL DEEM NECESSARY.
ARTICLE IX
PERSONNEL
SECTION 901. THE PERSONNEL SYSTEM. EXCEPT FOR
THOSE IN EXEMPT POSITIONS, THE COUNCIL SHALL PROVIDE
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