Marvin Mandel, Governor                        1759

and the general form thereof, including a statement whether said
bonds will be redeemable, will be in coupon 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 con-
tain a brief summary of the current financial condition 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 informa-
tion required for said notice of sale but which shall state where in-
terested parties may obtain a complete copy thereof.

Sec. 4. And be it further enacted, That, the money so borrowed
for the public facilities described in said resolution above required,
in evidence of which any such bonds shall be issued, shall be paid
to the Treasurer of Prince George's County (or to such other official
of the County designated to receive such payment in a resolution
passed by the Board of County Commissioners for Prince George's
County before such delivery) and shall be used exclusively and
solely for such public facilities. In the event the amounts so borrowed
shall prove inadequate for the financing of any such public facili-
ties, at any time, the County may issue additional bonds within
the limitations hereof for the purpose of evidencing the borrowing
of additional funds for any such public facilities, provided the res-
olution for authorizing the additional bonds shall so recite, but if
the funds derived from the sale of any issue of said bonds shall
exceed the amount needed to finance the public facilities described
in said resolution, the excess funds so borrowed shall be applied by
said County in payment of the next principal maturity of the bonds
so issued or to the redemption of any part of said bonds, if the
same shall have been made redeemable, unless said County shall
adopt a resolution allocating such excess funds to other public facili-
ties of the same general type or class as the public facilities for
which the funds were borrowed.

Sec. 5. And be it further enacted, That, the bonds hereby au-
thorized shall constitute, and they shall so recite, an irrevocable
pledge of the full faith and credit and unlimited taxing power of
the County to the payment of the maturing principal and interest
of such bonds as and when the same respectively mature. In each
and every fiscal year that any of said bonds are outstanding, the
County shall levy or cause to be levied ad valorem taxes upon all
the assessable property within the corporate limits of the County
in rate and amount sufficient to provide for the payment, when due,
of the interest on and principal of all said bonds maturing in each
such fiscal year and in the event the proceeds from the taxes so
levied in any such fiscal year shall prove inadequate for the above
purposes, additional taxes shall be levied in the succeeding fiscal
year to make up any such deficiency. The County may apply to the
payment of principal and interest of any bonds issued hereunder
any funds received by it from the State of Maryland, the United
States of America, any agency or instrumentality thereof, or from
any other source, if such funds are granted for the purpose of as-
sisting the County in the construction of public facilities, as defined
herein, and to the extent of any such funds received or receivable