SPIRO T. AGNEW, Governor                      1245

WHICH AN ELECTION IS HELD SHALL HAVE HIS PER DIEM
COMPENSATION REDUCED BY THE SUM OF FIFTEEN DOL-
LARS ($15.00) TEN DOLLARS ($10.00). THIS SUM SHALL
BE PAYABLE AT THE SAME TIME AS THE CITY OF BALTI-
MORE COMPENSATES ITS ELECTION DAY JUDGES FOR
SERVICE ON EACH ELECTION DAY.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1967.

Approved April 21, 1967.

CHAPTER 609
(House Bill 753)

AN ACT to authorize the County Commissioners of Howard County,
in their discretion, to borrow Two Million, Five Hundred Thou-
sand Dollars ($2,500,000.00) upon the faith and credit of said
Howard County for the purposes of constructing and making im-
provements to public schools in Howard County, as more par-
ticularly described herein, and to issue bonds therefor and to
levy taxes to pay the principal and interest of such bonds.

Section 1. Be it enacted by the General Assembly of Maryland,
That the County Commissioners of Howard County, be, and they are
hereby authorized and empowered, in their discretion, to issue at one
time, or from time to time, upon the faith and credit of said County,
bonds in an amount or amounts not exceeding IN the aggregate Two
Million Five Hundred Thousand Dollars ($2,500,000.00), for the
following purposes only:

1.    Construction of the Vocational-Technical Center.

2.    Construction of Wilde Lake Elementary School.

3.    Construction of Second District Elementary School.

4.    Such other projects as may be authorized by the Board of
County Commissioners.

Sec. 2. And be it further enacted, That the County Commissioners
of Howard County shall, when they exercise said discretion, by
resolution, prescribe the form and tenor of said bonds, the method
and manner of offering the same for sale and the rate of interest
payable thereon, or the method of arriving at such rate or rates
of interest. Said County Commissioners may fix said rate or rates
of interest in said resolution or may request bidders to name the
rate or rates of interest upon which their bids are based, and said
County Commissioners may provide that different rates of interest
may be named for different serial maturities of said bonds or for
different issues thereof; provided, however, that under no circum-
stances shall any such rate or rates of interest exceed five per
centum (5%) per annum. The resolution or resolutions authorizing
the issue of all or any such bonds shall also fix the date or dates
of issue thereof and the terms and place for payment of maturing
principal and interest.