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Session Laws, 1929
Volume 572, Page 1307   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 1307

(a) For the payment of the cost of the engraving or print-
ing of said bonds, and for the payment of the cost of the
advertising authorized by this Act, and all other incidental
expenses connected with the issuance of said bonds.

(b) The remainder of the proceeds of the sale of said bonds
shall be paid over to the Board of Education of Montgomery
County and shall be used, expended and applied by said
Board, or as a majority of them, in their judgment and discre-
tion, may deem necessary for carrying out the provisions of
this Act; provided, however, that no school sites shall be ac-
quired or contracted for by the said Board of Education except
upon the formal approval of said acquisition by the Board of
County Commissioners of Montgomery County.

SEC. 5. And be it further enacted, That the Board of Edu-
cation of Montgomery County shall not award any contract for
any building or construction item wherein the estimated costs
shall exceed the sum of five hundred dollars, without first hav-
ing advertised for bids, and all of said expenditures shall be
awarded to the lowest responsible bidder after due advertise-
ment of the proposals and the time and place of the opening
of said bids; provided, however, that the said Board of Edu-
cation shall have the right to reject any or all bids.

SEC. 6. And be it further enacted, That the provisions of
this Act shall be construed as additional and supplementary to
and not in substitution for or in conflict with any of the pro-
visions of the general laws of the State relating to public
schools, and the powers of the State Superintendent of Schools,
in regard to the plans, construction and erection of public
school buildings.

SEC. 7. And be it further enacted, That for the purpose
of paying the interest on said bonds, and for redeeming the
said bonds as they mature, the said Board of County Commis-
sioners of Montgomery County shall for the year of the issu-
ance thereof, and annually thereafter, until all of said bonds
issued under the authority of this Act shall mature and be re-
deemed, levy a tax upon the assessable property of said county
sufficient to pay the annual interest on said bonds outstanding,
and to redeem said bonds as they mature and become due, said
taxes to be collected as other taxes levied in said county are
collected.


 

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Session Laws, 1929
Volume 572, Page 1307   View pdf image (33K)
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