782                             LAWS OF MARYLAND                     [CH. 565

ing 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 information 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 purpose of the purchase of land, to be used for public parks,
playgrounds, recreation areas within said County in the Matta-
woman Watershed, shall be used exclusively and solely for such enu-
merated purposes, as defined and set forth in Section One (1) of this
Act.

SEC. 5. And be it further enacted, That the bonds hereby au-
thorized 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 pur-
poses, additional taxes shall be levied in the succeeding fiscal year
to make up any such deficiency. The County may apply to the pay-
ment of principal and interest of any bonds issued hereunder any
funds received by it from the State of Maryland, the United States
of America, any agency or instrumentality thereof, or from any
other source, if such funds are granted for the purpose of assisting
the County in the purchase of land for public parks, playgrounds
or recreation areas, and to the extent of any such funds received or
receivable in any fiscal year the taxes hereby required to be levied
may be reduced proportionately.

Sec. 6. And be it further enacted, That the County is hereby further
authorized and empowered, at any time and from time to time to
issue its bonds in the manner hereinabove described for the purpose
of refunding, upon purchase or redemption, any bonds issued here-
under. The validity of any such refunding bonds shall in no way be
dependent upon or related to the validity or invalidity of the obliga-
tions so refunded. The powers herein granted with respect to the
issuance of bonds, and also the limitations herein on such powers
shall be applicable to the issuance of refunding bonds. Said re-
funding bonds may be issued by the County for the purpose of pro-
viding it with funds to purchase in the open market any of its out-
standing bonds issued hereunder, prior to the maturity thereof, or
for the purpose of providing it with funds for the redemption prior
to maturity of any outstanding bonds issued hereunder which are,
by their terms, redeemable. The resolution authorizing the issue
of any such refunding bonds shall describe the issue or issues of
bonds of the County so to be refunded, and no issue of such refund-
ing bonds shall exceed in amount the par amount of such bonds so
described in said resolution. No such refunding bonds shall actually
be delivered to the purchaser or purchasers thereof more than six
(6) months in advance of redemption date or dates of bonds to be