656 LAWS OF MARYLAND [CH. 351
CHAPTER 351
(House Bill 574)
AN ACT to authorize and empower the County Commis-
sioners of Dorchester County to borrow at one time or
from time to time, upon the faith and credit of Dor-
chester County, and to issue and sell at one time or from
time to time its negotiable promissory notes, certifi-
cates of indebtedness or bonds therefor, a sum or sums
of money not to exceed Five Hundred Thousand Dol-
lars ($500,000.00), at a rate of interest not to exceed
four percentum (4%) per annum, for the purpose of
constructing two classrooms at the Academy School on
Mill Street in Cambridge, Maryland; constructing a
gymnasium and other school facilities at Cambridge
High School, Cambridge, Maryland, and other needed
repairs and facilities for said schools; payment of
architects' and other professional fees in connection
therewith; or for matching Federal funds for such pur-
poses; and to levy taxes upon the assessable property in
Dorchester County to provide funds for the payment of
interest and principal upon said notes, certificates or
bonds, as the same shall mature and become payable;
and to permit the use for such payment purposes of any
State Building Incentive Funds allocated to said Dor-
chester County.
SECTION 1. Be it enacted by the General Assembly of
Maryland, That the County Commissioners of Dorchester
County be and they are authorized and empowered to bor-
row at one time or from time to time, upon the faith and
credit of Dorchester County, and to issue and sell at one
time or from time to time its bonds therefor, a sum or
sums of money not to exceed Five Hundred Thousand Dol-
lars ($500,000.00) at a rate of interest not to exceed four
per centum (4%) per annum, for the purpose of con-
structing two classrooms at the Academy School on Mill
Street in Cambridge, Maryland; constructing a gymnasium
and other school facilities at Cambridge High School,
Cambridge, Maryland, and other needed repairs and facili-
ties for said schools; payment of architects' and other pro-
fessional fees in connection therewith; or for matching
Federal funds for such purposes. Such bonds shall be
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EXPLANATION: Italics indicate new matter added to existing law.
[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.
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