Marvin Mandel, Governor                          63

said terms and conditions in accordance with the provisions hereof.
Said notice shall be published in one or more daily or weekly news-
papers having a general circulation in the County, and may also be
published in one or more journals having a circulation primarily
among banks and investment bankers. At least one publication
of the notice of sale shall be made not less than ten (10) days
before the sale of said bonds. Said notice shall offer said bonds to the
highest bidder or bidders therefor, and shall state how said highest
bidder or bidders will be determined. Said notice of sale shall specify
the date, place and hour at which bids for said bonds will be received
and opened and the bonds awarded. It shall also specify that each bid
shall be made in writing by a sealed proposal and shall be ac-
companied by a good faith deposit in a fixed or determinable amount
as security for compliance by the bidder with his bid. Said notice
shall refer to this Act as authority for the bonds and shall state
the date of issue of the bonds offered the total aggregate par amount
thereof, the schedule of maturities thereof, the interest payable there-
on or the method of determining the same, the purpose to which the
proceeds thereof will be devoted, and the general form thereof, includ-
ing a statement whether said bonds will be redeemable, will be in cou-
pon or registered form, and whether the same will be registrable as to
principal, or as to both principal and interest. Each such notice of
sale shall also contain a brief summary of the current financial con-
dition of the County or shall indicate where such a statement may be
obtained and, finally, shall reserve unto the County the right to
reject any or all bids received. In lieu of publishing said entire
notice of sale, the County may, if it shall so elect in said resolution,
publish a brief summary of said notice which need not contain all
the information required for said notice of sale but which shall state
where interested parties may obtain a complete copy therof.

Sec. 2. And be it further enacted, That nothing contained in
this Act shall be taken or construed to:

(a)    Change, alter or modify any of the terms and provisions
of any of the Acts hereinbefore mentioned, except in the manner
and to the extent specifically set forth herein; and

(b)    Change, alter, modify or release any of the obligations
or liabilities which the County Commissioners for Prince George's
County has incurred or may incur under the terms and provisions
of any bonds which the said County Commissioners for Prince
George's County has heretofore issued and sold pursuant to the
Acts hereinbefore mentioned.

Sec. 3. And be it further enacted, That, this Act is hereby
declared to be an emergency measure and necessary for the im-
mediate preservation of the public health and safety, and, having
been passed by a yea and nay vote supported by three-fifths of all the
members elected to each of the two houses of the General Assembly
of Maryland, the same shall take effect from the date of its pas-
sage.

Approved by the Governor, December 18, 1969.