1962] OF THE SENATE 183

Washington Memorial Parkway in Prince George's County, including
park areas; to effect such borrowing by the issuance and sale to the
highest bidder or bidders at public sale of its general obligation, serial
maturity coupon bonds in like par amount; empowering the County to
fix and determine, by resolution, the form, tenor, interest rate (or method
of arriving at the same), terms, including redemption and registration
of provisions, conditions, maturities, and all other details incident or
necessary to the issuance, public sale and delivery of said bonds; pre-
scribing the method and manner of selling said bonds at public sale;
empowering said County, subject to certain limitations to sell said
bonds at, above or below the par value thereof; empowering said County
to refund any of said bonds purchased or redeemed in advance of ma-
turity; empowering and directing said County to contract to levy and
to levy, impose and collect annually ad valorem taxes which will pro-
vide funds sufficient for the payment of said maturing principal and
interest, exempting said bonds and said refunding bonds and the in-
terest thereon from all State, County and Municipal taxation in the State
of Maryland. "

Senator Delia, for the Rules Committee, recommended House Bill
No. 5 be re-referred to the Finance Committee.

House Bill No. 6—By Mr. Mandel:

A Bill entitled "An Act to repeal and re-enact, with amendments,
section 2 of Chapter 207 of the Laws of Maryland of 1961, which Act
authorized the Mayor and City Council of Baltimore to borrow $2, 150, -
000. 00 and to use the same to establish, construct and equip an incinerator
or reduction plant, authorizing said municipality or the Commissioners
of Finance thereof to determine the rate or rates of interest to be paid
in connection with such borrowed money and the form or forms of
certificates of indebtedness to be issued representing such debt, and
clarifying certain language used in said section; to repeal and re-enact,
with amendments., Section 2 of Chapter 208 of the Laws of Maryland
of 1961, which Act authorized the Mayor and City Council of Baltimore
to borrow $18, 500, 000. 00 and to use the same to extend, enlarge, de-
velop and improve the municipal water supply and water system of
Baltimore City, authorizing said municipality or the Commissioners
of Finance thereof to determine the rate or rates of interest to be paid
in connection with such borrowed money and the form or forms of
certificates of indebtedness to be issued representing such debt, and
clarifying certain language used in said Section; to repeal and re-enact,
with amendments, Section 2 of Chapter 209 of the Laws of Maryland
of 1961, which Act authorized the Mayor and City Council of Baltimore
to borrow $5, 000, 000. 00 and to use the same to extend, enlarge, develop
arid improve the Friendship International Airport, authorizing said
municipality or the Commissioners of Finance thereof to determine
the rate or rates of interest to be paid in connection with such borrowed
money and the form or forms of certificates of indebtedness to be issued
representing such debt, and clarifying certain language used in said
Section; to repeal and re-enact, with amendments, Section 2 of Chapter
210 of the Laws of Maryland of 1961, which Act authorized the Mayor
and City Council of Baltimore to borrow $3, 000, 000. 00 and to use the
same to establish, construct and equip a rehabilitation center for alco-
holics and indigents and a detention building for women, authorizing
said municipality or the Commissioners of Finance thereof to determine
the rate or rates of interest to be paid in connection with such bor-