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Session Laws, 1971
Volume 707, Page 2372   View pdf image
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2372                               County Local Laws

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 Section 2-111,
be and 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. Before borrowing any money or issuing any bonds pur-
suant to this authority, the County Council may 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 pre-
scribing the terms and conditions on which the proceeds of the bonds au-
thorized here under shall be disbursed.

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

Effective: March 23, 1970

Chapter 5
(Bill No. 61-69)

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 resolu-
tion.

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
for financing the construction of a fire engine house within the boundaries
of the Bethesda District as defined by Chapter 28, Montgomery County,
Code 1965, as amended, for the use of the Bethesda Fire Department,
Inc., or its successor including the development of the site therefore, the
architectural and engineering services incident thereto and the acquisi-

 

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Session Laws, 1971
Volume 707, Page 2372   View pdf image
 Jump to  
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