1050                            LAWS OF MARYLAND                      [CH. 601

powering said County, subject to certain limitations to sell said
bonds at, above or below the par value thereof; providing that the
borrowing authority hereby conferred shall be exercised only if
the United States of America (or any agency or instrumentality
thereof) shall have committed its share of the funds, if any, to
finance such portions of the said George Washington Memorial
Parkway, including park areas; empowering said County to refund
any of said bonds purchased or redeemed in advance of maturity;
empowering and directing said County to contract to levy and to
levy, impose and collect annually ad valorem taxes which 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; continuing the borrowing authority
heretofore conferred by existing law and confirming the validity
of all bonds heretofore issued pursuant to such existing authority;
and generally relating to the authority of the County Commis-
sioners for Prince George's County in connection with the financing
of the George Washington Memorial Parkway, including park
areas.

Section 1. Be it enacted by the General Assembly of Maryland,
That Sections 38-1 to 38-9, inclusive, of the Code of Public Local
Laws of Prince George's County (1963 Edition), such Sections hav-
ing been enacted by Chapter 25 of the Laws of Maryland of 1962
(March 9, 1962, Special Session), such Sections being a part of
Article 17 of the Code of Public Local Laws of Maryland, title
"Prince George's County", subtitle "George Washington Memorial
Parkway", and the authority to issue bonds under such Sections
having been cancelled, rescinded and repealed by Chapter 803 of the
Laws of Maryland of 1965 to the extent not theretofore exercised,
be and they are hereby repealed and re-enacted, with amendments;
that Section 38-2 be and is hereby divided into subsections 38-2 (a)
and 38-2 (b); and Section 38-3 be and is hereby divided into sub-
sections 38-3 (a) and 38-3(b); and all to read as follows:

38-1.

The County Commissioners for Prince George's County (herein-
after referred to as the County) , a body politic and corporate of
the State of Maryland, is hereby authorized and empowered to act
in conjunction with and cooperate with the National Capital Plan-
ning Commission created by an Act of Congress, approved April
30, 1926, for the purpose of complying with the provisions of para-
graph (a) of Section 1 of an Act of Congress of the United States
known as Public Act 284, 71st Congress, entitled "An Act for the
acquisition, establishment and development of the George Wash-
ington Memorial Parkway along the Potomac from Mount Vernon
and Fort Washington to the Great Falls, and to provide for the
acquisition of lands in the District of Columbia and the States of
Maryland and Virginia requisite to the comprehensive park, park-
way and playground system of the National Capital" with respect
to the acquisition of lands or interests in lands which constitute or
may constitute that portion of the George Washington Memorial
Parkway, including those lands and park areas shown within the
project taking lines for the said parkway, approved by the National
Capital Planning Commission, extending in Prince George's County