1804                               Laws of Maryland                          Ch. 641

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 "community
colleges" shall mean those institutions of higher learning defined as
community colleges by Section 4 of Article 77A of the Annotated
Code of Maryland (1969 Replacement Volume), as amended from
time to time, and shall include the construction, reconstruction, im-
provement, extension, acquisition, alteration, repair and moderniza-
tion of community college buildings or buildings for community col-
lege purposes in Prince George's County, including sites therefor, the
cost of acquiring any such sites, architectural and engineering serv-
ices, including preparation of plans, drawings and specifications
for such community colleges and the development of the grounds
and landscaping thereof, and all customary permanent appurte-
nances and recreational and pedagogical equipment for such schools.

Sec. 2. And be it further enacted, That, the County is hereby
authorized and empowered to finance the construction of com-
munity colleges, as defined in Section 1 of this Act, for the use of
the Board of Trustees of Prince George's Community College and,
in order to make such financing possible, said County is hereby
granted the power and authority to borrow money and incur in-
debtedness for such purpose, from time to time, in an amount not
exceeding the sum of Two Million Eight Hundred Seventy-five
Thousand Five Hundred Dollars ($2,875,500) and to evidence such
borrowing by the issuance 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 community college construction or acquisi-
tion become necessary, provided, however, that the total debt which
may be incurred pursuant to the authority of this Act shall not ex-
ceed Two Million Eight Hundred Seventy-five Thousand Five Hun-
dred Dollars ($2,875,500).

Sec. 3. And be it further enacted, That, subject to the foregoing
limitations, the County shall, before borrowing any money or issu-
ing any bonds pursuant to the authority of this Act, adopt a resolu-
tion describing generally by classes the community college or col-
leges for which said borrowing or indebtedness is intended, the
amount needed for said purposes, 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 annual installments. Subject to the limita-
tions 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