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Session Laws, 1937
Volume 412, Page 541   View pdf image (33K)
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HARRY W. NICE, GOVERNOR. 541

SEC. 5. And be it further enacted, That in order to redeem
said bonds and to pay the interest and principal thereof when
and as the same may become due, the County Commissioners
of Prince George's County are hereby authorized and directed
to levy in each and every year upon the assessable basis of
said Prince George's County, a tax sufficient to pay the bonds
maturing during such year in accordance with the provisions,
thereof, and to pay interest on all of the bonds authorized by
this Act, which may be outstanding and unredeemed in such
year, and the proceeds of such levy when collected and paid
shall be used for the purpose, and for no other purpose than
that, for which such levy was made.

SEC. 6. And be it further enacted, That the Board of Edu-
cation of Prince George's County shall use the money received
from the sale of bonds, or any part thereof, issued hereunder
immediately upon its receipt for the payment of the necessary
expenses of the issue of the loan and then for the specific pur-
poses for which said bonds have been issued, and for no other
purposes whatever; provided, however, that in case it shall not
be necessary to use the full amount authorized herein for the
acquisition of the site and the construction or improvement
and equipment of the specific schools for which such money is
appropriated, that then and in such case the balance in the
hands of the Board of Education of Prince George's County
for such specific appropriations may, with the approval of the
County Commissioners, be applied to the purchase of building
and playground sites, the erection of new buildings, the addi-
tion to or the alteration of existing school buildings, and the
equipment of such new additions or alterations at other places
in said county, where, in the discretion of the Board of Educa-
tion of Prince George's County, the same may be needed. The
Board of Education of Prince George's County is hereby given
full power and authority to do all things necessary to carry
out the purposes of this Act, even though the same may not be
specifically mentioned herein or in the general school laws of
the State.

SEC. 7. And be it further enacted, That in case the Board
of Education of Prince George's County shall determine, either
before or after the sale of the bonds, that it is inadvisable to
construct one or more of the school buildings or additions to
schools or to purchase any of the sites specifically mentioned
in Section 3 of this Act, but may consider it advisable to
spend the amounts specifically set out for said school or
schools, additions or sites, or any portion thereof, elsewhere in
the construction and equipment of school buildings or addi-
tions to school buildings or the purchase _of building or play-
ground sites at other places in the County, then and in that

 

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Session Laws, 1937
Volume 412, Page 541   View pdf image (33K)
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