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Session Laws, 1971
Volume 707, Page 2267   View pdf image
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Montgomery County                                2267

for financing the acquisition and development of public park and public
recreational facilities, including the cost of the construction and equipping
of all public parks, community centers and recreational buildings, and the
cost of acquiring any sites and facilities necessary therefor and the devel-
opment thereof, engineering and other services incident thereto, and the
acquisition, installation and maintenance of all customary permanent
appurtenances and recreational equipment.

Section 2. Sec. 2-111 through Sec. 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 Sec. 2-111, 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 cumu-
lative and the bonds authorized by this Act may be issued, notwith-
standing 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. Before borrowing any money or issuing any bonds pursuant
to this authority, the County Council shall adopt, in addition to or as a part
of any other resolutions required by Sections 2-111 through 2-119 of the
Montgomery County Code 1965, as amended, a resolution prescribing the
terms and conditions on which the proceeds of the bonds authorized here-
under shall be disbursed.

Section 5. This Act shall take effect on the 76th day following its
enactment.

Chapter 6
(Bill No. 2-69)

An Act authorizing the issuance of bonds of Montgomery County,
Maryland, in the principal amount not exceeding $850,000 upon its
full faith and credit for the construction of a fire engine house within
the Bethesda District as the boundaries are defined by Chapter 28,
Montgomery County Code 1965, as amended, prescribing the terms
and conditions, by reference, upon which said bonds shall be issued
and delivered and other incidental details with respect thereto; pro-
viding for the levy of unlimited ad valorem taxes for the payment of
the principal and interest thereof, and providing that the principal
and interest may be paid primarily from proceeds of the district tax
levied under the provisions of the said Chapter 28, with such other
terms and conditions as the County Council may determine by reso-
lution.

Be It Enacted by the County Council for Montgomery County,
Maryland,
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 $850,000

 

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Session Laws, 1971
Volume 707, Page 2267   View pdf image
 Jump to  
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