Ch. 196 LAWS OF MARYLAND
(2) reimbursement for expenses under the Standard State Travel
Regulations, as provided in the State budget.
SECTION 3. AND BE IT FURTHER ENACTED, That Section 1 of this Act
shall take effect July 1, 1990.
SECTION 4. AND BE IT FURTHER ENACTED, That Section 2 of this Act
shall take effect July 1, 1991.
Approved April 24, 1990.
CHAPTER 196
(House Bill 1026)
AN ACT concerning
Cecil County - Public Library Bonds
FOR the purpose of authorizing and empowering the County Commissioners of Cecil
County from time to time, to borrow not more than $750,000 in order to finance
the cost of certain library facilities in Cecil County and to effect that borrowing by
the issuance and sale at public or private sale of its general obligation bonds in
like par amount; empowering the County to fix and determine, by resolution, the
form, tenor, interest rate or rates or method of determining the same, terms,
conditions, maturities, and all other details incident to the issuance and sale of the
bonds; empowering the County to issue refunding bonds for the purchase or
redemption of bonds in advance of maturity; empowering and directing the
County to levy, impose, and collect, annually, ad valorem taxes in rate and amount
sufficient to provide funds for the payment of the maturing principal of and
interest on the bonds; exempting the bonds and refunding bonds, and the interest
thereon and any income derived therefrom, from all State, county, municipal and
other taxation in the State of Maryland; and relating generally to the issuance and
sale of such bonds by Cecil County.
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That, as used in this Act, the term "County" means the body politic and
corporate of the State of Maryland known as the County Commissioners of Cecil
County, and the term "library facilities" means the costs of site acquisition and
construction of a public library branch in Rising Sun, including any related
architectural, financial, legal, planning, or engineering services.
SECTION 2. AND BE IT FURTHER ENACTED, That the County is hereby
authorized to finance any part or all of the costs of the facilities described in Section 1
of this Act, and to borrow money and incur indebtedness for that purpose, at one time
or from time to time, in an amount not exceeding, in the aggregate, $750,000 and to
evidence its borrowing by the issuance and sale upon its full faith and credit of general
obligation bonds in like par amount, which may be issued at one time or from time to
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