1014                           LAWS OF MARYLAND                       CH. 545

and corporate of the State of Maryland known as the County Com-
missioners of Harford County. The term "public schools" shall in-
clude the construction, reconstruction, improvement, extension, ac-
quisition, alteration, repair and modernization of public school
buildings or of buildings for school or community college purposes
in Harford 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 development of the grounds and landscaping thereof, and all
customary permanent appurtenances and recreational and pedagogi-
cal 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 joint use, control
and direction of the County Commissioners and the Board of Edu-
cation of Harford 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 Seven Million Dollars
($7,000,000) and to evidence such borrowing by the issuance and
sale upon its full faith and credit of its serial maturity, general obli-
gation coupon bonds in like par amount, upon the terms and condi-
tions hereinafter set forth. Such bonds may be issued from time to
time, in one or more groups or series, as funds for such public school
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 Seven Million Dollars ($7,000,000).

Sec. 3. And be it further enacted, That subject to the foregoing
limitations, the County shall, before borrowing any money or issuing
any bonds pursuant to the authority of this Act, adopt a resolution
describing generally by classes the public school or schools for which
said borrowing or indebtedness is intended, the amount needed for
said purposes, and determining to borrow money or incur indebted-
ness for all or a part of the amount so needed, and to issue its bonds
to evidence such borrowing or indebtedness. Each series or group of
said bonds shall be issued to mature in annual serial installments,
the last installment to mature not later than thirty (30) years from
the date of issue of said group or series. In said resolution, said
County shall fix the annual serial maturity plan with respect to the
bonds to be issued thereunder and said annual serial maturities shall
be so fixed as to conform to the general financial plans of the County
but need not be in equal par amounts or in consecutive annual in-
stallments. Subject to the limitations herein contained, said County
shall have and is hereby granted full and complete authority and
discretion to fix and determine, in said resolution, the form and tenor
of any such bonds, the rate or rates of interest payable thereon, or
the method of arriving at the same, the date or dates upon which
said bonds shall respectively mature and be payable, the manner of
selling said bonds at public sale, and generally all matters incident
or necessary to the issuance, sale and delivery thereof. The bonds of
each such issue shall be dated, shall bear interest at such rate or
rates not exceeding six per centum (6%) per annum, payable semi-
annually, shall mature at such time or times as may be determined
by said resolution, and said bonds may, by said resolution be made
redeemable before maturity, at the option of the County, at such