J. MILLARD TAWES, GOVERNOR                              1655

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1961.

Approved May 8, 1961.

CHAPTER 896
(House Bill 677)

AN ACT to authorize and empower the County Commissioners of
Anne Arundel County to borrow not exceeding Three Hundred
Eighty-two Thousand Dollars ($382,000) TWO HUNDRED
THOUSAND DOLLARS ($200,000) in order to finance the
acquisition of a site for a library building and the construction
and equipping of said library building in Anne Arundel County;
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 said
County to fix and determine, by resolution, the form, tenor, in-
terest 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; 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 maturity; empowering
and directing 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; and empowering
and directing 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; exempt-
ing said bonds and said refunding bonds and the interest thereon
from all State, county and municipal taxation in the State of
Maryland; AND IMPOSING CERTAIN CONDITIONS UPON
THE ISSUE OF ANY SUCH BONDS.

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
Commissioners of Anne Arundel County.

Sec. 2. And be it further enacted. That the County is hereby au-
thorized and empowered to finance the acquisition of a site for a
library building and the construction and equipping of said library
building in Anne Arundel County, for the use of the Annapolis-

Explanation: Italics indicate new matter added to existing law.

[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.