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Session Laws, 1971
Volume 707, Page 2371   View pdf image
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Montgomery County                               2371

money and incur indebtedness in a total amount not exceeding $18,990,-
000 for financing the construction, reconstruction, extension, acquisi-
tion, improvement, enlargement, alteration, repair and modernization of
any structures to house any of the functions of or for the use of County
Government or administration, including the acquisition and develop-
ment of sites therefor, the architectural and engineering services in-
cident thereto and the acquisition and installation of necessary furnish-
ings and fixed permanent equipment therefor.

Section 2. Sections 2-111 through 2-119, inclusive, of the Mont-
gomery County Code 1965, as amended, and each and every part of such
Sections, excepting therefrom only subsections (a), (b) and (d) of Section
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 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 en-
actment.

Effective: March 23, 1970

Chapter 4
(Bill No. 60-69)

An Act authorizing the issuance of bonds of Montgomery County,
Maryland in the principal amount not exceeding $10,000,000, upon
its full faith and credit for financing the acquisition and develop-
ment of public park and public recreational facilities and 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, 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 $10,000,-
000, for financing the acquisition and development of public park and public
recreational facilities, including the cost of the construction and equip-
ping of all public parks, community centers and recreational buildings,
and the cost of acquiring any sites and facilities necessary therefor and
the development thereof, engineering and other services incident thereto,
and the acquisition, installation and maintenace of all customary per-
manent appurtenances and recreational equipment.

 

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Session Laws, 1971
Volume 707, Page 2371   View pdf image
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