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Session Laws, 1966
Volume 678, Page 1305   View pdf image (33K)
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J. MILLARD TAWES, Governor                       1305

in Section 256 and 256A above without such permit and any person,
firm, company or corporation which violates the provisions of those
sections shall be deemed guilty of a misdemeanor and upon conviction
fined the sum of $50.00 for each occurrence.

Sec. 2. And be it further enacted, That nothing in these sections
shall be deemed to repeal any of the other sections in this subtitle.

Sec. 3. And be it further enacted, That this Act shall take effect
June 1, 1966.

Approved May 6, 1966.

CHAPTER 741
(House Bill 240)

AN ACT to authorize and empower the County Commissioners for
Prince George's County, from time to time, to borrow not ex-
ceeding Five Million Dollars ($5,000,000) SIX MILLION, THREE
HUNDRED THOUSAND DOLLARS ($6,300,000) in order to fi-
nance the construction, acquisition, improvement or extension of
certain public facilities, as herein defined, and to effect such borrow-
ing 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, 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 ref-
erence 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 re-
fund any of said bonds purchased or redeemed in advance of ma-
turity; empowering and directing said County to apply to the pay-
ment 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 mu-
nicipal taxation in the State of Maryland; and providing that
the power to incur indebtedness and issue bonds therefor under
the provisions of this Act is additional and alternative authority
for borrowing money and shall be regarded as supplemental and
additional to powers conferred upon the County by other laws.

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 for Prince George's County, and the term "public
facilities" shall mean the following:

 

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Session Laws, 1966
Volume 678, Page 1305   View pdf image (33K)   << PREVIOUS  NEXT >>


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