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Session Laws, 1968
Volume 683, Page 1170   View pdf image
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1170                            LAWS OF MARYLAND                       CH. 601

this Act, a sum sufficient to pay the cost for that year of redeeming
the principal of and paying the interest on the outstanding bonds,
promissory notes, or other certificates of indebtedness; or

(2) the levy of taxes by the County Commissioners of Allegany

County shall be made only in part in and for any year (and as may

be necessary to provide for all the amounts for redeeming principal

of and paying interest on bonds due in that year) if there is avail-

able to the County Commissioners of Allegany County from monies

paid to the County by the Board of Govornors of Memorial Hospital
under Section 3 of this Act a sum
sufficient to pay part but not all of
the cost for that year of redeeming principal and paying interest on
the outstanding bonds, promissory notes, or other certificates of
indebtedness.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEM-
BLY OF MARYLAND,
THAT THE COUNTY COMMISSIONERS
OF ALLEGANY COUNTY, A BODY CORPORATE, IN ORDER
TO PROVIDE FUNDS FOR THE ALTERATION, EXPANSION
AND FURTHER EQUIPPING OF THE INTENSIVE CARE DE-
PARTMENT OF THE MEMORIAL HOSPITAL OF CUMBER-
LAND, THE IMPROVEMENT AND EXPANSION OF THE
PARKING FACILITIES AT THE SAID HOSPITAL, AND FOR
THE ACQUISITION OF ADDITIONAL LAND NECESSARILY
INCIDENT THERETO, IN ORDER THAT THE OPERATING
EFFICIENCY AND COMMUNITY SERVICE AND BENEFITS
OF SAID HOSPITAL MAY BE INCREASED, IS HEREBY
AUTHORIZED AND EMPOWERED AT ANY TIME HERE-
AFTER TO RAISE, CONTRIBUTE AND DELIVER TO THE
BOARD OF GOVERNORS OF THE MEMORIAL HOSPITAL OF
CUMBERLAND, A BODY POLITIC AND CORPORATE, AN
AMOUNT NOT EXCEEDING THE SUM OF ONE MILLION
DOLLARS ($1,000,000.00) TO BE USED AND APPLIED BY
SAID CORPORATION EXCLUSIVELY FOR THE PURPOSE OF
DEFRAYING IN PART THE COST OF FINANCING THE AL-
TERATION, EXPANSION AND FURTHER EQUIPPING OF THE
INTENSIVE CARE DEPARTMENT OF THE MEMORIAL HOS-
PITAL OF CUMBERLAND, THE IMPROVEMENT AND EX-
PANSION OF THE PARKING FACILITIES AT THE SAID HOS-
PITAL, AND FOR THE ACQUISITION OF ADDITIONAL LAND
NECESSARILY INCIDENT THERETO.

SEC. 2. AND BE IT FURTHER ENACTED, THAT FOR THE
PURPOSE OF RAISING SAID SUM OF ONE MILLION DOL-
LARS ($1,000,000.00), OR SO MUCH THEREOF AS THE COUN-
TY COMMISSIONERS OF ALLEGANY COUNTY SHALL DEEM
NECESSARY, TO BE PAID TO THE BOARD OF GOVERNORS
OF THE MEMORIAL HOSPITAL OF CUMBERLAND FOR THE
PURPOSE SET FORTH IN SECTION 1 OF THIS ACT, THE
COUNTY COMMISSIONERS OF ALLEGANY COUNTY ARE
HEREBY AUTHORIZED AT ANY TIME HEREAFTER TO BOR-
ROW MONEY UPON THE FULL FAITH AND CREDIT OF
ALLEGANY COUNTY TO AN AMOUNT NOT EXCEEDING
ONE MILLION DOLLARS ($1,000,000.00), AND TO ISSUE AND
SELL COUPON BONDS THEREFOR NOT IN EXCESS OF SAID
PRINCIPAL SUM.

 

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Session Laws, 1968
Volume 683, Page 1170   View pdf image
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