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Session Laws, 1970
Volume 695, Page 1823   View pdf image
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Marvin Mandel, Governor                        1823

million dollars ($4,000,000) in order to finance (including the
payment of any bond anticipation notes issued for such purposes)
the construction, acquisition, improvement or extension of certain
public schools and community colleges in said County, as herein
defined, being the Gale-Bailey Elementary School at Marbury, the
T. P. Ryon Elementary School at Waldorf, the Lackey High
School near Mason Springs, the Thomas Stone High School at
Waldorf, the Vocational-Technical High School at Pomfret and the
Occupational Center and Sewerage Treatment and Train-
ing Facility at the Charles County Community College, and to ef-
fect such borrowing 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 provisions, conditions, maturities and all other de-
tails incident or necessary to the issuance, public sale and de-
livery of said bonds, without reference to any other law heretofore
enacted; prescribing the method and manner of selling said
bonds at public sale; empowering said County 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 pur-
pose; empowering 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 pro-
vide funds sufficient 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 taxa-
tion in the State of Maryland; and providing that the power to in-
cur indebtedness and issue bonds therefor under the provisions of
this Act is additional and alternative authority for borrowing
money and shall be regarded as supplemental and additional to
powers conferred upon the County by other laws; and providing
for referendum.

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 of Charles County, and the term "public schools and com-
munity colleges" shall mean and include the construction, reconstruc-
tion, improvement, extension, acquisition, alteration, repair and
modernization of public school and community college buildings or
buildings for school and community college purposes to effect proj-
ects at the following facilities in Charles County: the Gale-Bailey
Elementary School at Marbury, the T. P. Ryon Elementary School
at Waldorf, the Lackey High School near Mason Springs, the Thomas
Stone High School at Waldorf, the Vocational-Technical High School
at Pomfret and the Occupational Center and Sewerage Treatment and
Training Facility at the Charles County Community College, includ-
ing sites for such projects, the costs of acquiring any such sites,
architectural and engineering services, including preparation of
plans, drawings and specifications for such projects and the de-

 

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Session Laws, 1970
Volume 695, Page 1823   View pdf image
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