MARVIN MANDEL, Governor                        1567

Six Million Five Hundred Thousand Dollars ($6,500,000.00)
[Three Million Five Hundred Thousand Dollars ($3,500,000.00)]
THREE MILLION DOLLARS ($3,000,000.00) in order to finance
the construction, acquisition, improvement or extension of public
schools in said County, as herein defined, and to effect such borrow-
ing by the issuance and sale to the highest bidder or bidders at
public sale of its general obligation, serial maturity coupon bonds
in like par amount; empowering said County to fix and determine,
by resolution, the form, tenor, interest rate or method of arriving
at the same, terms, including redemption and registration provi-
sions, conditions, maturities and all other details incident or
necessary to the issuance, public sale and delivery of said bonds,
without reference to the provisions of Sections 9, 10, and 11 of
Article 31 of the Code of Public General Laws of Maryland; pre-
scribing the method and manner of selling said bonds at public
sale; empowering said County, subject to certain limitations, to
sell said bonds at, above or below the par value thereof; em-
powering said County to refund any of said bonds purchased or
redeemed in advance of maturity; empowering and directing
said County to apply to the payment of principal and interest of
said bonds and said refunding bonds any funds received from
the State of Maryland and the United States of America,
which may be properly allocable to said purpose; empowering
and directing said County to contract to levy and to levy, impose
and collect annually ad valorem taxes which, in addition to the
State and Federal allotments, if any, will provide funds sufficient
for the payment of said maturing principal and interest; exempt-
ing said bonds and said refunding bonds and the interest thereon
from all State, county and municipal taxation in the State of
Maryland.

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 Com-
missioners of Frederick County, and the term "public schools" shall
include the construction, reconstruction, improvement, extensions,
acquisition, alteration, repair and modernization of public school
buildings or buildings for school purposes in Frederick County, in-
cluding sites therefor, the cost of acquiring any such site, architec-
tural and engineering services, including the 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 pedagogical equipment for such
schools.

Sec. 2. And be it further enacted, That the County is hereby
authorized and impowered to finance the construction of public
schools, as defined in Section 1 of this Act, for the use of the Board
of Education of Frederick County and, in order to make such