J. MILLARD TAWES, GOVERNOR                            547

sale of its general obligation, serial maturity coupon bonds in like
par amount; empowering said County to fix and determine, by reso-
lution, the form, tenor, interest rate or method of arriving at the
same, terms, including redemption and registration provisions,
conditions, maturities and all other details incident or necessary
to the issuance, public sale and delivery of said bonds, without
reference to any other law heretofore enacted; prescribing the
method and manner of selling said bonds at public sale; empow-
ering said County, subject to certain limitations, to sell said bonds
at, above or below the par value thereof; empowering and direct-
ing said County to apply to the payment of principal and interest
of said bonds and said refunding bonds any funds received from
the State of Maryland and the United States of America, which
may be properly allocable to said purpose; empowering and direct-
ing said County to contract to levy and to levy, impose and collect
annually ad valorem taxes which, in addition to the State and
Federal allotments, if any, will provide funds sufficient for the
payment of said maturing principal and interest; exempting said
bonds and said refunding bonds and the interest thereon from all
State, county and municipal taxation in the State of Maryland.

Section 1. Be it enacted by the General Assembly of Maryland,
That, as used herein, the term "County" shall mean the body politic
and corporate of the State of Maryland known as the County Com-
missioners for Kent County, and the term "public schools" shall
include the construction, reconstruction, improvements, extension,
acquisition, alteration, repair and modernization of public school
buildings or buildings for school purposes in Kent County, including
sites therefor, the cost of acquiring any such sites, architectural and
engineering services, including preparation of plans, drawings and
specifications for such schools and the development of the grounds
and landscaping thereof, and all customary permanent appurtenances
and recreational and pedagogical equipment for such schools.

Sec. 2. And be it further enacted, That, the County is hereby
authorized and empowered to finance the construction of public
schools, as defined in Section 1 of this Act, for the use of the Board
of Education of Kent County and, in order to make such financing
possible, said County is hereby granted the power and authority to
borrow money and incur indebtedness for such purpose, from time
to time, in an amount not exceeding the sum of Five Hundred Thou-
sand Dollars ($500,000) and to evidence such borrowing by the
issuance and sale upon its full faith and credit of its serial maturity,
general obligation coupon bonds in like par amount, upon the terms
and conditions hereinafter set forth. Such bonds may be issued from
time to time, in one or more groups or series, as funds for such
public school construction or acquisition become necessary, provided,
however, that the total debt which may be incurred pursuant to the
authority of this Act shall not exceed Five Hundred Thousand Dol-
lars ($500,000).

Sec. 3. And be it further enacted, That, subject to the foregoing
limitations, the County shall, before borrowing any money or issuing
any bonds pursuant to the authority of this Act, adopt a resolution
describing the public school or schools for which said borrowing or
indebtedness is intended, the amount needed for said purposes, and
determining to borrow money or incur indebtedness for all or a part