Marvin Mandel, Governor                       1841

(e)    The construction, improvement, repair, opening, relocation,
grading, resurfacing, widening, extension and drainage of all public
roads, streets, highways and sidewalks in the County now or here-
after maintained and operated by or under the jurisdiction of the
County, including the acquisition of necessary rights-of-way, and
engineering services; the planning, design, construction and recon-
struction of free bridges constituting parts of any system of said
roads, streets, or highways;

(f)    Any combination of the foregoing (a), (b), (c), (d) and
(e), including the acquisition and development of sites, the archi-
tectural and engineering services incident thereto, the preparation
of plans, drawings and specifications, the development of grounds
and landscaping thereof, and the acquisition and installation of
necessary furnishings and fixed permanent equipment therefor.

Sec. 2. And be it further enacted, That the County is hereby
authorized and empowered to finance the construction and develop-
ment of public facilities, as defined in Section 1 of this Act, and,
in order to make such financing possible, said County is hereby
granted the power and authority to borrow money and incur in-
debtedness for such purposes, from time to time, in an amount not
exceeding the sum of Four Million Dollars ($4,000,000) ONE AND
ONE-HALF MILLION DOLLARS ($1,500,000), and to evi-
dence such borrowing by the issuance and sale upon its full
faith and credit of its general obligation bonds in like par amount,
which may be issued at one time or from time to time, in one or
more groups or series, as funds for such public facilities construction
or development become necessary.

Sec. 3. And be it further enacted, That the bonds shall be issued
pursuant to a resolution of the County which shall generally describe
the public facilities for which the borrowing is intended and the
amount needed for such purposes. The County shall have and is
hereby granted full and complete authority and discretion in the
resolution to fix and determine with respect to the bonds of any
issue: the designation, date of issue, denomination or denomina-
tions, form or forms and tenor of the bonds; the rate or rates of
interest payable thereon, or the method of determining the same;
the date or dates and amount or amounts of maturity, which need
not be in equal par amounts or in consecutive annual installments,
provided only that no bond of any issue shall mature later than
thirty (30) years from the date of its issue; the manner of selling
the bonds, which may be at either public or private sale, for such
price or prices as may be determined to be for the best interests
of the County; the manner of executing and sealing the bonds, which
may be by facsimile; the place or places of payment of the principal
of and the interest on the bonds, which may be at any bank or
trust company within or without the State of Maryland; and gen-
erally all matters incident to the terms, conditions, issuance, sale
and delivery thereof.

The bonds may be made redeemable before maturity, at the option
of the County, at such prices PRICE or prices and under such terms
and conditions as may be fixed by the County prior to the issuance of
the bonds, either in the resolution or in subsequent resolutions. The
bonds may be issued in coupon or in registered form or both, and pro-