222 LAWS OF MARYLAND [CH. 145
9.
The State or any of its political subdivisions in which the Market
is located may provide for cleaning the Market and for the removal
and disposition of refuse from any areas of the Market, subject to
such terms and conditions and in such manner as the Authority and
the State or the political subdivision may lawfully agree upon.
10.
(a) The Board of Public Works shall, upon recommendation of
the Authority and upon submission of a plan established to the satis-
faction of the Board of adequate support and participation in the
Market by the food industry, by resolution or resolutions duly
adopted, issue a State loan to be known as "The Greater Baltimore
Region Consolidated Wholesale Food Market Loan" evidenced by
bonds CERTIFICATES OF INDEBTEDNESS issued at one time, or
in series from time to time, in an aggregate principal amount not
exceeding Four Million Dollars ($4,000,000) for the purpose of pro-
viding funds for use by the Authority in carrying out the purposes of
this Act. The certificates evidencing said loan may be issued all at
one time or, in groups, from time to time, as hereinafter provided.
All of said certificates evidencing said loan, or any group thereof, shall
be issued according to what is known as the Serial Annuity Plan so
worked out as to discharge the principal represented by said certifi-
cates within fifteen (15) years from the time of its issue; provided,
however, that it shall not be necessary to provide for the redemption
of any part of the principal represented by any certificates for the first
two (2) years from the time of the issuance of said certificates.
(b) The Board of Public Works shall, and it is hereby authorized
and empowered to, pass a resolution or resolutions, from time to time,
determining and setting forth:
(1) The proportion of the total loan authorized by this section
which shall be issued at any particular time.
(2) The form of the certificates representing the loan or any part
so authorized to be issued at any particular time, including any
interest coupons to be attached thereto, and provisions for the issu-
ance of certificates in registered form, provisions for the registration
of any coupon certificates as to principal of loan, and for the recon-
version into coupon certificates of any certificates registered as to
principal.
(3) The denomination or denominations of the certificates to be
issued at any particular time, which may not be less than One Hun-
dred Dollars ($100) but may be in sums of One Hundred Dollars
($100) or any suitable multiple thereof, and the place or places of
payment of principal and interest thereof.
(4) The rate or rates of interest of the certificates to be issued at
any particular time not exceeding in any case five per centum FOUR
AND ONE-HALF PERCENTUM (5%) (4½%) per annum, payable
semi-annually.
(5) The date of the certificates issued at any particular time,
and within the limits prescribed by Article III, Section 34 of the
Constitution of Maryland, the redemption dates of said certificates.
The resolution authorizing the issuance of said loan or any portion
thereof shall set forth in detail the dates when any of the certificates
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