THEODORE R. MCKELDIN, GOVERNOR 1067

of the faith and credit of the County Commissioners of
Baltimore County, or of the State of Maryland, or any
political sub-division thereof, but such bonds shall be pay-
able solely from the funds of the Authority hereinafter
provided therefor from revenues of one or more of the
parking facilities established by the Authority. All such
bonds shall contain a statement on their face to the effect
that the County Commissioners of Baltimore County are
not obligated to pay such bonds or the interest thereon.
The issuance of revenue bonds under provisions of this
Act shall not directly or indirectly or contingently obligate
or empower the County Commissioners of Baltimore
County to levy or to pledge any form of taxation whatever
therefore or to make any appropriation for their payment.

SEC. 7. And be it further enacted:

(Revenue Bonds. ) The Authority shall have power and
is hereby authorized to provide by resolution or resolu-
tions for the issuance at one time, or from time to time, of
negotiable revenue bonds of the Authority for the purpose
of paying all or a part of the cost of any project or projects.

Each particular issue of such revenue bonds shall be
dated, shall bear interest at such rate or rates not exceed-
ing six percentum per annum, payable semi-annually, and
shall mature at such time or times not exceeding forty
years from their date or dates, as may be determined by
the Authority, and may be made redeemable before ma-
turity, at the option of the Authority, at such price or
prices and under such terms and conditions as may be fixed
by the Authority prior to the issuance of the bonds. The
principal of and the interest on such bonds may be made
payable in any lawful medium and shall be payable solely
from the special fund provided by this Act for such pay-
ment. The Authority shall determine the form of the
bonds, including any interest coupons to be attached there-
to, the manner of executing the bonds, (which may include
the execution thereof by the facsimile signatures of the
duly authorized officers of the Authority, provided the
bonds are duly authenticated, including the manual signa-
ture of its authorized officer or officers, by the Trustee
named in the Trust Indenture under which the same are
secured), the denomination or denominations of the bonds,
and the place or places of payment of principal and inter-
est thereof, which may be a bank or trust company within
or without the State. In case any officer whose signature
shall appear on any bonds or coupons shall cease to be
such officer before the delivery of such bonds, such signa-