Marvin Mandel, Governor                        1757

ization of any structures to house any of the functions of County
government or administration, especially, but not limited to, (i)
office buildings, (ii) facilities for the detention, care, training and
rehabilitation of juveniles, and (iii) jail and detention facilities for
the confinement and imprisonment of persons in the custody of the
county, or (iv) any combination of the foregoing (i), (ii), and
(iii), including the acquisition and development of sites therefor,
the architectural and engineering services incident thereto and the
acquisition and installation of necessary furnishings and fixed per-
manent equipment therefor.

Sec. 2. And be it further enacted, That, the County is hereby au-
thorized and empowered to finance the construction of public facili-
ties, as defined in Section 1 of this Act, and, in order to make such
financing possible, said County is hereby granted the power and au-
thority to borrow money and incur indebtedness for such purposes,
from time to time, in an amount not exceeding the sum of Five Mil-
lion Dollars ($5,000,000) and to evidence such borrowing by the is-
suance and sale upon its full faith and credit of its serial maturity,
general obligation coupon bonds in like par amount, upon the terms
and conditions hereinafter set forth. Such bonds may be issued from
time to time, in one or more groups or series, as funds for such
public facilities construction or acquisition become necessary, pro-
vided, however, that the total debt which may be incurred pursuant
to the authority of this Act shall not exceed Five Million Dollars
($5,000,000).

Sec. 3. And be it further enacted, That, subject to the foregoing
limitations, the County shall, before borrowing any money or is-
suing any bonds pursuant to the authority of this Act, adopt a res-
olution describing the public facilities for which said borrowing or
indebtedness is intended, the amount needed for said purposes in the
aggregate, and determining to borrow money or incur indebtedness
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 an-
nual installments. 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 there-
of. The bonds of each such issue shall be dated, shall bear interest
at; such rate or rates, 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 price or prices and under such
terms and conditions as may be fixed by said County, either in said