J. MILLARD TAWES, Governor                     1481

opened and the bonds awarded. It shall also specify that each bid shall
be made in writing by a sealed proposal 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
schedule of maturities thereof, the interest payable thereon, or the
method of determining the same, the purpose to which the proceeds
thereof will be devoted, and the general form thereof, including a
statement whether said bonds will be redeemable, will be in coupon or
registered form, and whether the same will be registerable as to
principal, or as to both principal and interest. Each such notice of
sale shall also contain a brief summary of the current financial condi-
tion of the County or shall indicate where such a statement may be
obtained and, finally, shall reserve unto the County the right to reject
any or all bids received. In lieu of publishing said entire notice of
sale, the County may, if it shall so elect in said resolution, publish a
brief summary of said notice which need not contain all the informa-
tion required for said notice of sale but which shall state where
interested parties may obtain a complete copy thereof.

Sec. 4. And be it further enacted, That the money so borrowed for
the addition or additions to the Prince George's General Hospital
described in said resolution above required, in evidence of which any
such bonds shall be issued, shall be paid to the Treasurer of Prince
George's County and shall be used exclusively and solely for such
addition or additions to the Prince George's General Hospital. In the
event the amounts so borrowed shall prove inadequate for the financ-
ing of such addition or additions to the Prince George's General
Hospital, at any time, the County may issue additional bonds within
the limitations hereof for the purpose of evidencing the borrowing of
additional funds for such addition or additions to the Prince George's
General Hospital, provided the resolution for authorizing the addi-
tional bonds shall so recite, but if the funds derived from the sale of
any issue of said bonds shall exceed the amount needed to finance the
addition or additions to the Prince George's General Hospital, the
excess funds so borrowed shall be applied by said County in payment
of the next principal maturity of the bonds so issued or to the redemp-
tion of any part of said bonds, if the same shall have been made
redeemable.

Sec. 5. And be it further enacted, That the bonds hereby authorized
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 assessable 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, additional taxes
shall be levied in the succeeding fiscal year to make up any such
deficiency. The County may apply to the payment of principal and