2840                            County Local Laws

Montgomery County 1971, excepting therefrom only subsections
(a), (b), (c), and (d), of Section 2-111, and to provide for the
levy of taxes for the payment of the principal and interest of any
bonds issued pursuant to said Chapter 20.

Be It Enacted by the County Council for Montgomery County,
Maryland, that—

SEC. 1. Section 1 of Chapter 20 (Bill No. 21-69) of the Laws of
Montgomery County 1969 is hereby repealed and reenacted, with
amendments, to read as follows:

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 to incur indebtedness in a total amount not to
exceed $3,750,000 for the purpose of financing the construction, re-
construction, improvement, extension, acquisition, enlargement, al-
teration, repair, modernization, relocation, grading, resurfacing,
widening and drainage of off-street parking lots and facilities for the
parking of automobiles and other vehicles for the Bethesda Parking
Lot District, as described in Title II, Chapter 44, Section 44-1, para-
graph (b), entitled "Bethesda Parking Lot District" of the Mont-
gomery County Code 1965, as now or hereafter amended, including
the acquisition and development of sites therefor, the architectural
and engineering services incident thereto and the acquisition and
installation of necessary furnishings and fixed permanent equipment
therefor. The proceeds from the bonds issued pursuant to this Act
may be applied to the payment of the first six months' interest on
said bonds.

Sec. 2. Secs. 2, 3, 4, 5, 6, 7, 8, 9, and 10 of Chapter 20 (Bill No.
21-69) of the Laws of Montgomery County 1969 are hereby repealed
in their entirety.

Sec. 3. New Sections 2, 3 and 4 are hereby added to Chapter 20
(Bill No. 21-69) of the Laws of Montgomery County 1969 to follow
immediately after Sec. 1 thereof and to read as follows:

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), (c) 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 Coun-
cil 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 pay-
ment of the principal and interest of the bonds authorized by this Act.

Section 3. Any bonds issued and sold by the County pursuant
to the authority of this Act shall constitute and they shall so recite an
irrevocable pledge of the full faith and credit of the County. All of