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Session Laws, 1945
Volume 589, Page 409   View pdf image (33K)
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HERBERT R. O'CONOR, GOVERNOR. 409

valorem taxes upon all assessable property within the
corporate limits of Montgomery County to pay the prin-
cipal and interest of said bonds to the extent that, in
any year, the taxes primarily charged with said payment
are inadequate for said purpose; exempting said bonds
from state, county and municipal taxation of every kind
and nature whatsoever in the State of Maryland.

WHEREAS, the Board of County Commissioners of Mont-
gomery County has found that the Hillandale Volunteer
Fire Department, Incorporated, is inadequately housed and
equipped to meet the present and future demands for fire
protection in its fire protection area and has, therefore,
concluded that the County Commissioners of Montgomery
County should borrow money for the purposes of enabling
said Hillandale Volunteer Fire Department, Incorporated,
to erect and equip a separate Fire Department Building
and to procure adequate equipment and apparatus, when-
ever the Fire Board of said Hillandale Volunteer Fire De-
partment, Incorporated, certifies to the County Commis-
sioners of Montgomery County that such construction and
acquisition is both feasible and necessary; and

WHEREAS, it is appropriate and in the public interest
that said County Commissioners of Montgomery County
be authorized and directed to incur said indebtedness when-
ever said Fire Board shall so certify:

SECTION!. Be it enacted by the General Assembly of Maryland,
That whenever, the Fire Board of the Hillandale Volunteer
Fire Department, Incorporated, shall certify to the County
Commissioners of Montgomery County that it is possible,
feasible and necessary to expend money for the construc-
tion and equipment of a separate Fire Department building
for the Hillandale Volunteer Fire Department, Incorpor-
ated, and to acquire certain additional equipment and ap-
paratus for said Fire Department, the County Commis-
sioners of Montgomery County shall forthwith borrow the
funds necessary to finance said construction and acquisition
and shall evidence said borrowing by the issue and sale,
upon its full faith and credit, of its negotiable, serial ma-
turity coupon bonds, provided said bonds can be issued and
sold within the limitations, conditions and restrictions con-
tained in this Act. Said certificate shall set forth gen-
erally the total amount proposed to be expended on said
new Fire Department building, the total amount proposed
to be expended for fire fighting equipment and apparatus
and the balance, if any, available for contingencies, main-
tenance, operation and upkeep of said Fire Department

 

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Session Laws, 1945
Volume 589, Page 409   View pdf image (33K)
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