Theodore R. McKeldin, Governor                      645

Section 1. Be it enacted by the General Assembly of Maryland,
This Act may be referred to as the "Montgomery County Revenue
Authority Act."

1. (Montgomery County Revenue Authority)—(a) There is
hereby created a body corporate and politic to be known as the
"Montgomery County Revenue Authority", which shall be deemed
an instrumentality of Montgomery County and a public corporation.
The Authority shall consist of five (5) members to be appointed by
the County Council of Montgomery County, each of whom shall be
a resident of Montgomery County, at the time of his appointment.
The original appointments shall be made in such manner that the
term of one member shall expire on July 1, 1958, the term of another
member shall expire on July 1, 1959, the term of another member
shall expire on July 1, 1960, the term of another member shall expire
on July 1, 1961, and the term of the remaining member shall expire
July 1, 1962. Their successors shall be appointed for terms of five
(5) years from the date of expiration of their respective terms of
office, except that any person appointed to fill a vacancy shall serve
only for the unexpired term, and any member of the Authority shall
be eligible for reappointment. The County Council of Montgomery
County shall name one member, so appointed, as Chairman of the
Authority and shall name, from time to time, all successor Chairmen
of the Authority as vacancies in that office shall occur. The members
of the Authority shall be persons of ability, experience and integrity
and shall not be selected as representing or supporting any special
interest or interests. The members of the Authority shall elect a
Secretary-Treasurer who may or may not be a member of the Au-
thority. Three members of the Authority shall constitute a quorum.
No vacancy in the Authority shall impair the right of a quorum to
exercise all of the rights or perform all of the duties of the Auth-
ority. The members of the Authority may be compensated for their
services in such amount as may be determined by resolution from
time to time of the County Council, and they shall be reimbursed for
actual expenses necessarily incurred in the performing of their
duties, provided, however, that such compensation and reimburse-
ment shall be made solely from funds received by the Authority
under the provisions of this Act. The compensation of members of
the Authority shall not be diminished during their terms of office.
The Authority may delegate to one or more of its members, or to its
officers, agents and employees, such powers and duties as it may
deem proper.

(b)   Each member of the Authority may be removed by the County
Council for misfeasance, malfeasance, or willful neglect of duty,
but only after reasonable notice and a public hearing, unless the
same shall be expressly waived in writing by the member.

(c)  Each member of the Authority before entering upon his
duties shall take a constitutional oath of office before the Clerk of the
Circuit Court of Montgomery County, the County Council, or some-
one* authorized by law to administer oaths, and record of each such
oath shall be filed with the Clerk of the Circuit Court for Montgom-
ery County.

(d)  Before the issuance of any revenue bonds under the provisions

of this Act, the Secretary-Treasurer of the Authority, shall execute
a surety bond in a penal sum to be fixed by the Authority, with the