clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 1970
Volume 695, Page 1751   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

Marvin Mandel, Governor                        1751

TO THE TRIAL MAGISTRATE SHALL BE MADE WITHIN
THIRTY DAYS AFTER THE OCCURRENCE OF THE INJURY
OR DESTRUCTION.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1970.

Approved May 5, 1970

CHAPTER 617
(House Bill 984)

AN ACT to authorize and empower the County Commissioners for
Prince George's County, from time to time, to borrow not exceed-
ing Thirty Million Dollars ($30,000,000) 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 rates or method of arriving
at the same, terms, including redemption and registration provi-
sions, conditions, maturities and all other details incident or neces-
sary to the issuance, public sale and delivery of said bonds, with-
out reference to any other law heretofore enacted; prescribing the
method and manner of selling said bonds at public sale; empower-
ing said County, subject to certain limitations, to sell said bonds
at, above or below the par value thereof; empowering said County
to refund any of said bonds purchased or redeemed in advance of
maturity; empowering 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; em-
powering 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 suf-
ficient for the payment of said maturing principal and interest;
exempting said bonds and said refunding bonds and the interest
thereon from all State, county and municipal taxation in the State
of Maryland; and providing that the power to incur indebtedness
and issue bonds therefor under the provisions of this Act is addi-
tional and alternative authority for borrowing money and shall be
regarded as supplemental and additional to powers conferred upon
the County by other laws.

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 for Prince George's County, and the term "public schools"
shall include the construction, reconstruction, improvement, exten-
sion, acquisition, alteration, repair and modernization of public
school buildings or buildings for school purposes in Prince George's
County, including sites therefor, the cost of acquiring any such sites,

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1970
Volume 695, Page 1751   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 11, 2023
Maryland State Archives