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Session Laws, 1967
Volume 681, Page 501   View pdf image (33K)
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SPIRO T. AGNEW, Governor                          501

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:

(a)    the construction, improvement, repair, opening, relocation,
grading, resurfacing, widening, extension and drainage of all public
roads, streets, highways and sidewalks in the County now or hereafter
maintained and operated by or under the jurisdiction of the County,
including the acquisition of necessary rights of way, the acquisition
of equipment for highway construction, maintenance and repair
and planning and engineering services; the planning, design, con-
struction and reconstruction of free bridges constituting parts of
said roads, streets, or highways; the planning, construction, repair
and permanent improvement of any storm water drainage systems
necessary in the County;

(b)    the construction, reconstruction, extension, acquisition, im-
provement, enlargement, alteration, repair and modernization of
county libraries, including the acquisition and development of sites
therefor, the architectural and engineering services incident thereto
and the acquisition and installation of necessary furnishings and
fixed permanent equipment therefor;

(c)    the establishment, construction, reconstruction, extension,
acquisition, improvement, enlargement, alteration and repair of sani-
tary land fill projects, together with related structures and facilities,
including the acquisition and development of sites therefor, the acqui-
sition of equipment for the operation and maintenance of such sani-
tary land fill projects, and planning and engineering services.

Sec. 2. And be it further enacted, That, the County is hereby
authorized and empowered to finance the construction of public
facilities, as defined in Section 1 of this Act, and, in order to make
such financing possible, said County is hereby granted the power and
authority to borrow money and incur indebtedness as follows:

(a)    in an amount not exceeding the sum of Five Million Dollars
($5,000,000) for the purposes defined in Section l(a) of this Act;

(b)    in an amount not exceeding the sum of Three Million Five
Hundred Thousand Dollars ($3,500,000) for the purposes defined in
Section 1 (b) of this Act;

(c)    in an amount not exceeding the sum of Two Million Dollars
($2,000,000) for the purposes defined in Section l(c) of this Act.

Sec. 3. And be it further enacted, That, the County shall evidence
the borrowing authorized by this Act 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,
on one or more groups or series, as funds for such public facilities
construction or acquisition become necessary, provided, however,
that the total debt which may be incurred pursuant to the authority
of this Act shall not exceed Ten Million Five Hundred Thousand
Dollars ($10,500,000).

 

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Session Laws, 1967
Volume 681, Page 501   View pdf image (33K)
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