THEODORE R. McKELDIN, GOVERNOR 709
MENT OF SUCH MUNICIPAL CORPORATION. THE FORE-
GOING PROVISIONS WHICH MAY BE INCLUDED IN ANY
SUCH NOTICE OF SALE MAY ALSO BE SEPARATELY SET
FORTH IN A CIRCULAR OR OFFICIAL STATEMENT. THE
FORM OF WHICH SHALL LIKEWISE BE ADOPTED BY A
RESOLUTION OR ORDINANCE OF SAID MUNICIPAL CORPO-
RATION;
(4) SPECIFIC PROVISION FOR THE APPROPRIATION AND
DISPOSAL OF THE PROCEEDS OF SALE OF ANY SUCH
BONDS AND A SPECIFIC PROVISION FOR THE PAYMENT OF
THE PRINCIPAL THEREOF AND THE INTEREST THEREON,
WHICH SUCH PROVISION SHALL SPECIFY THE SOURCE OR
SOURCES OF PAYMENT AND SHALL CONSTITUTE A COV-
ENANT BINDING THE MUNICIPAL CORPORATION TO PRO-
VIDE THE FUNDS FROM SUCH SOURCE OR SOURCES AS AND
WHEN SAID PRINCIPAL AND INTEREST SHALL BE DUE
AND PAYABLE.
EACH SUCH RESOLUTION SHALL BE ADOPTED BY THE
LEGISLATIVE BODY OF THE MUNICIPAL CORPORATION IN
THE MANNER PRESCRIBED BY THE CHARTER OF SAID
MUNICIPAL CORPORATION FOR THE ADOPTION OF ORDI-
NANCES AND RESOLUTIONS HAVING THE FORCE OF LAW
BUT IT SHALL NOT BE NECESSARY TO SUBMIT ANY SUCH
RESOLUTION OR ORDINANCE OR THE QUESTION OF THE
ISSUANCE OF BONDS AUTHORIZED THEREBY TO A REFER-
ENDUM OF THE QUALIFIED VOTERS OF SAID MUNICIPAL
CORPORATION UNLESS SAID RESOLUTION OR ORDINANCE
SHALL SO PROVIDE OR UNLESS THE CHARTER OF SUCH
MUNICIPAL CORPORATION SHALL SO REQUIRE. EACH
SUCH RESOLUTION OR ORDINANCE MAY CONTAIN SUCH
OTHER PROVISIONS, NOT INCONSISTENT WITH THIS SUB-
HEADING, AS THE LEGISLATIVE BODY OF SUCH MUNICI-
PAL CORPORATION MAY DEEM APPROPRIATE, AND MAY
EXPRESSLY PERMIT THE EXECUTIVE OF SUCH MUNICIPAL
CORPORATION TO MAKE SUCH MODIFICATIONS IN THE
FORMS ADOPTED BY SUCH RESOLUTION OR ORDINANCE
AS WILL NOT ALTER THE SUBSTANCE OF SUCH FORMS.
33. WITH RESPECT TO ANY BONDS OF A MUNICIPAL COR-
PORATION THE RESOLUTION OR ORDINANCE AUTHORIZING
THE SAME MAY PROVIDE:
(1) THAT THE PRINCIPAL OF AND INTEREST ON SAID
BONDS SHALL BE PAYABLE AT ONE OR MORE BANKS OR
TRUST COMPANIES, WHICH MAY BE EITHER WITHIN OR
WITHOUT THE STATE;
(2) THAT THE OFFICIAL SIGNATURES AND SEALS TO BE
AFFIXED TO ANY SUCH BONDS, OR THE COUPONS IF ANY
ATTACHED THERETO, EXCEPT THE SIGNATURE OF THE
CLERK OR SECRETARY OF SUCH MUNICIPAL CORPORATION
WHICH SHALL BE MANUALLY AFFIXED, SHALL BE IM-
PRINTED ON SAID BONDS OR COUPONS IN FACSIMILE;
(3) THAT ANY SUCH BONDS SHALL BE REDEEMABLE IN
WHOLE OR IN PART AT THE OPTION OF THE MUNICIPAL
CORPORATION AT ANY TIME PRIOR TO THE RESPECTIVE
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