388                             LAWS OF MARYLAND                      [CH. 220

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1963.

Approved March 29, 1963.

CHAPTER 220
(House Bill 513)

AN ACT to authorize and empower the County Commissioners of
Frederick County, from time to time, to borrow not exceeding Six
Million Dollars ($6,000,000.00) in order to finance the construc-
tion, acquisition, improvement or extension of public schools in
said County, as herein defined, and 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 resolu-
tion, 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 the provisions of Sections 9, 10, and 11 of Article 31
of the Code of Public General Laws of Maryland; prescribing the
method and manner of selling said bonds at public sale; empower-
ing 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; 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; 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 of Frederick County, and the term "public schools" shall
include the construction, reconstruction, improvement, extensions,
acquisition, alteration, repair and modernization of public school
buildings or buildings for school purposes in Frederick County, in-
cluding sites therefor, the cost of acquiring any such site, architec-
tural and engineering services, including the 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 author-
ized and impowered to finance the construction of public schools, as