138 LAWS OF MARYLAND [CH. 103
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 resolution, the form, tenor, interest rates
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 de-
livery of said bonds, without reference to any other law hereto-
fore 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 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 re-
ceived from the State of Maryland and the United States of
America, which may be properly allocable to said purpose; em-
powering and directing said County to contract to levy and to
levy, impose and collect annually ad valorem taxes which, in addi-
tion 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; and providing that the power to incur indebtedness
and issue bonds therefor under the provisions of this Act is addi-
tional 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 Com-
missioners for Prince George's County, and the term "public schools"
shall include the construction, reconstruction, improvement, exten-
sion, acquisition, alteration, repair and modernization of public
school buildings or buildings for school purposes in Prince George's
County, including sites therefor, the cost of acquiring any such
sites, architectural and engineering services, including preparation
of plans, drawings and specifications for such schools and the de-
velopment of the grounds and landscaping thereof, and all custo-
mary permanent appurtenances and recreational and pedagogical
equipment for such schools.
Sec. 2. And be it further enacted, That, the County is hereby
authorized and empowered to finance the construction of public
schools, as defined in Section 1 of this Act, for the use of the Board
of Education of Prince George's County and, in order to make such
financing possible, said County is hereby granted the power and
authority to borrow money and incur indebtedness for such purpose,
from time to time, in an amount not exceeding the sum of Twenty-
Five Million Dollars ($25,000,000) and to evidence such borrowing
by the issuance and sale upon its full faith and credit of its serial
maturity, general obligation coupon bonds in like par amount, upon
the terms and conditions hereinafter set forth. Such bonds may
be issued from time to time, in one or more groups or series, as
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