924                               LAWS OF MARYLAND                        [CH. 564

and for one year after completion of construction, engineering and
legal expenses, plans, specifications, surveys, estimates of costs and
revenue, other expenses necessary or incident to determining the
feasibility or practicability of construction of any project, admin-
istrative expenses, and such other expense as may be necessary or
incident to the construction of the project, the financing of such
construction and the placing of the project in operation. Any obli-
gation or expense heretofore or hereafter incurred by said College
for preparation of plans and specifications, and other engineering
services in connection with the construction of a project shall be
regarded as a part of the cost of such project and may be reim-
bursed to said College out of the proceeds of the revenue bonds
hereinafter authorized.

15.    In order to provide additional facilities for Morgan State
College students, Morgan State College is hereby authorized and
empowered:

(a)   To construct, maintain, equip, repair and operate one or more
dormitories;

(b)  To issue revenue bonds of the College for the purpose of
paying all or any part of the cost of any one or more of said
projects;

(c)   To fix and revise from time to time, fees and other charges
to students, to fix charges for any other group or individuals mak-
ing use of the above-proposed buildings;

(d)  To acquire, hold and dispose of real and personal property
in the exercise of its powers and the performance of its duties under
this sub-title;

(e)   To make and enter into all contracts and agreements neces-
sary or incidental to the performance of its duties and the execu-
tion of its powers under this sub-title, and to employ consulting
engineers, attorneys, construction and financial experts and such
other employees and agents as may be necessary in the opinion of
its Board of Trustees and to fix their compensation; provided that
all such acts and agreements shall be payable solely from the pro-
ceeds of revenue bonds issued under the provisions of this sub-title
or from revenues otherwise provided;

(f)   To do all acts and things necessary or convenient to carry
out the powers expressly granted in this sub-title.

16.    (a) Morgan State College is hereby authorized to provide,
by resolution, from time to time, for the issuance, in series, of its
negotiable bonds, certificates or other evidence of indebtedness for
the purpose of paying all or any part of the cost of any one or more
projects. The principal and interest on such bonds, certificates or
other evidence of indebtedness shall be payable solely from the
funds herein provided for such payment. The bonds of each issue
shall be dated, shall bear interest at such rate or rates not exceed-
ing 3 1/2% per annum, shall mature at such time or times, not
exceeding 30 40 years from their date or dates, as may be determined
by the Morgan State College. The bonds of each issue may be made
redeemable before maturity at the option of the Morgan State Col-
lege at such price or prices and under such terms and conditions