Montgomery County 2261
regulations as it shall deem appropriate for the making of such loans and
the administration of the Fund, including the right to contract with private
organizations for the administration of said fund.
Section 2. This Act shall take effect on the 76th day following its
enactment.
Chapter 2
(Bill No. 2-68)
An Act authorizing the issuance of bonds of Montgomery County,
Maryland, in the principal amount not exceeding $15,590,000 upon
its full faith and credit for site acquisition and public buildings, and
the necessary furnishings and fixed permanent equipment therefor,
prescribing the terms and conditions by reference, upon which said
bonds shall be issued and delivered and other incidental details with
respect thereto, and providing for the application of the proceeds of
such bonds and for the levy of unlimited ad valorem taxes for the pay-
ment of the principal and interest thereof.
Be It Enacted by the County Council for Montgomery County, Mary-
land, that—
Section 1. Montgomery County, Maryland, is hereby authorized, at
any time and from time to time, upon its full faith and credit to borrow
money and incur indebtedness in a total amount not exceeding $15,590,000
for financing the construction, reconstruction, extension, acquisition, im-
provement, enlargement, alteration, repair and modernization of any struc-
tures to house any of the functions of or for the use of County government
or administration, 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 perma-
nent equipment therefor.
Section 2. Sections 2-111 through 2-119, inclusive, of the Montgomery
County Code 1965, as amended, and each and every part of such sections,
excepting therefrom only subsections (a), (b) and (d) of Sections-Ill,
be and they are hereby incorporated in this Act, by reference, as a part
hereof, it being the intention of the County Council that said sections
shall be applicable in all respects to the borrowing of money, the issuance
of bonds, the application of the proceeds of such bonds, and the levy of
unlimited ad valorem taxes for the payment of the principal and interest
of the bonds authorized by this Act.
Section 3. The powers granted by this Act are additional and cumula-
tive and the bonds authorized by this Act may be issued notwithstanding
that other bond acts or laws may provide for the issuance of other bonds
or the borrowing of money for the same or similar purposes on the same
or other terms and conditions.
Section 4. This Act shall take effect on the 76th day following its
enactment.
Chapter 3
(Bill No. 3-68)
An Act authorizing the issuance of bonds of Montgomery County,
Maryland, in a principal amount not exceeding $950,000 upon its full
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