702                              Laws of Maryland                      [Ch. 343

remain exempt from taxation by the State of Maryland and by the
counties and municipalities of said State; provided further that if
any such bonds shall be sold the provisions of Article 31, Sections 10
and 11 of the Annotated Code of Maryland, (1971 Replacement
Volume) shall be complied with.

Sec. 2. And be it further enacted, That the proceeds of such notes
and/or of the proceeds from the sale of such bonds shall be placed
into a "Special Fund" by the County Treasurer and shall be paid out
by him only on warrants from the County Commissioners of Wash-
ington County for such expenditures as it shall deem to be proper, in
the sole discretion of said Commissioners for constructing new schools
in Washington County, for repairs, improvements and additions to
existing school facilities in said County, to purchase land therefor
and equip such schools, and to pay architectural and other profes-
sional fees in connection with such construction, repairs and im-
provements.

Sec. 3. And be it further enacted, That all interest accumulated on
invested funds borrowed under the authority of this Act shall be
paid either into the special school fund created by Section 2 hereof
or to or for the payment of the maturing principal and interest on the
bonds hereby authorized, as provided in Section 22 of Article 95 of
the Annotated Code of Maryland (1969 Replacement Volume), pro-
vided that under no circumstances shall any such accumulated interest
be credited by the county to its general fund and applied to any
purpose other than as provided in said Section 22.

Sec. 4. And be it further enacted, That all bonds issued under the
authority of this Act shall be exempt from taxation by the State of
Maryland and by the counties and municipalities of said State.

Sec. 5. And be it further enacted, That for the purpose of paying
the interest on said notes and/or bonds and for redeeming said notes
and/or bonds as they mature, the County Commissioners of Wash-
ington County shall annually levy such tax upon the assessable prop-
erty of said County as may be necessary to pay the annual interest
on said notes and/or bonds and to redeem said notes and/or bonds
as they become due until all of said notes and/or bonds shall have
matured and been redeemed. The taxes so levied shall be collected
in the same manner as other taxes are levied and collected in said
County.

Sec. 6. And be it further enacted, That the County Commissioners
of Washington County shall designate two of its members, and the
Board of Education of Washington County shall designate two of its
members who shall serve on the School Building Commission. The
Governor shall select two persons to serve on the School Building
Commission. The six persons so designated shall then select one
representative citizen of Washington County, and the seven persons
so designated shall constitute the "Washington County School Build-
ing Commission of 1971." Said Commission is authorized to make a
full and detailed study of the type of construction and plans of the
buildings constituting the projects enumerated herein, the type and
amount of equipment necessary therefor, and shall make a detailed
study of the costs thereof and obtain such other data as in the opinion
of said Commission is required to properly carry out the duties