J. MILLARD TAWES, GOVERNOR                          1309

In addition to making provision for the above described terms
and conditions of any group or series of bonds issued hereunder,
the above mentioned resolution of the Board of County Commis-
sioners shall likewise fix the terms and conditions of the public sale
of such group or series of bonds, and said resolution shall adopt a
suitable form of notice of sale, which shall briefly outline said
terms and conditions in accordance with the provisions hereof.
Said notice shall be published at least twice in one or more daily
or weekly newspapers having a general circulation in the County,
and may also be published in one or more journals having a cir-
culation primarily among banks and investment bankers. The sale
of said bonds shall be held not sooner than ten (10) days following
the first publication of said notice. Said notice shall offer said bonds
to the highest bidder or bidders therefor, and shall state how said
highest bidder or bidders will be determined. Said notice of sale
shall specify the date, place and hour at which said bids for said
bonds will be received and opened and the bonds awarded. It shall
also specify that each bid shall be made in writing by a sealed pro-
posal and shall be accompanied by a good faith deposit in a fixed
or determinate amount as security for compliance by the bidder
with his bid. Said notice shall refer to this Act as authority for
the bonds and shall state the date of issue of the bonds offered, the
total aggregate par amount thereof, the interest payable thereon,
or the method of determining the same, generally the purpose to
which the proceeds thereof will be devoted, and the general form
thereof, including a statement whether said bonds will be redeem-
able, will be in coupon or registered form, and whether the same
will be registerable as to principal, or as to both principal and in-
terest. Each such notice of sale shall also contain a brief summary
of the current financial condition of the county or shall indicate
where such a statement may be obtained and, finally, shall reserve
unto the Board of County Commissioners the right to reject any or
all bids received. In lieu of publishing said entire notice of sale,
the Board of County Commissioners may, if it shall so elect in said
resolution, publish a brief summary of said notice which summary
need not contain all the information required by law to be contained
in said notice but which shall state where interested parties may
obtain a complete copy thereof.

Sec. 4. And be it further enacted, That the bonds hereby au-
thorized TO BE ISSUED AND SOLD UNDER THE TERMS AND
CONDITIONS OF SECTION 1, SUB-SECTION (A) OF THIS
ACT shall constitute, and they shall so recite, an irrevocable pledge
of the full faith and credit and unlimited taxing power of the
County to the payment of the maturing principal and interest of
such bonds as and when the same respectively mature. In each and
every fiscal year that any of said bonds are outstanding, the County
shall levy or cause to be levied ad valorem taxes upon all the assess-
able property within the corporate limits of the County in rate and
amount sufficient to provide for the payment, when due, of the
interest and principal of all said bonds maturing in each such fiscal
year and in the event the proceeds from the taxes so levied in any
such fiscal year shall prove inadequate for the above purposes, addi-
tional taxes shall be levied in the succeeding fiscal year to make
up any deficiency. The County may apply to the payment of prin-
cipal and interest of any bonds issued for one of the projects