1944 Laws of Maryland Ch. 686
provisions, conditions, maturities and all other details incident
or necessary to the issuance, public sale and delivery 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, subject to certain limitations, to
sell said bonds at, above or below the par value thereof; empow-
ering said County to refund any of said bonds purchased or re-
deemed in advance of maturity; empowering and directing 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; 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 provide 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 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 additional 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 of Harford County. The term "public schools" shall in-
clude the construction, reconstruction, improvement, extension,
acquisition, alteration, repair and modernization of public school
buildings or buildings for school or community college purposes in
Harford County, including sites therefor, the cost of acquiring any
such sites, architectural and engineering services, including prepara-
tion of plans, drawings and specifications for such schools and the
development of the grounds and landscaping thereof, and all cus-
tomary permanent appurtenances 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 public
schools, as defined in Section 1 of this Act, for the joint use, control
and direction of the County Commissioners and the Board of Edu-
cation of Harford County and, in order to make such financing
possible, said County is hereby granted the power and authority
to borrow money and incur indebtedness for such purpose, from
time to time, in an amount not exceeding the sum of Three Million
Dollars ($3,000,000) 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
public school 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 Three Million Dollars
($3,000,000).
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