2056                                 MUNICIPAL CHARTERS

evidence of indebtedness upon terms agreed by The Commissioners of Aberdeen
and the lender, and to pledge the full faith and credit of The Commissioners of
Aberdeen to pay the indebtedness.

SECTION 1. BE IT RESOLVED by The Commissioners of Aberdeen that the
Charter of said municipal corporation be and the same is hereby amended by
adding new Section 25A to the Code of Public Local Laws of Harford County
(1965 Edition), said Code being Article 13 of the Code of Public Local Laws of
Maryland, being a part of the Charter of The Commissioners of Aberdeen, to read
as follows:

25A.

IN ADDITION TO THE AUTHORITY GRANTED BY SECTIONS 23. 24.
AND 25 HEREOF, AND NOTWITHSTANDING ANY TERMS AND
CONDITIONS THEREOF OR OF ANY PUBLIC, GENERAL OR PUBLIC
LOCAL LAW TO THE CONTRARY, THE COMMISSIONERS OF
ABERDEEN MAY BORROW SUMS OF MONEY NOT TO EXCEED FIVE
HUNDRED THOUSAND DOLLARS ($500,000.00), IN THE AGGREGATE
AND ISSUE NOTES OR EVIDENCE OF INDEBTEDNESS, BEARING
INTEREST, FOR THE PURPOSE OF CONSTRUCTING A FIRE
APPARATUS AND EQUIPMENT BUILDING TO BE USED AS A
HEADQUARTERS FOR THE ABERDEEN FIRE DEPARTMENT, INC., OR
SUCH OTHER VOLUNTEER FIRE DEPARTMENT AS THE
COMMISSIONERS MAY DESIGNATE TO PROVIDE VOLUNTEER OR
COMPENSATED FIRE FIGHTING SERVICES IN THE TOWN OF
ABERDEEN, MARYLAND. THE TERMS OF REPAYMENT OF ANY
LOAN OR LOANS NEGOTIATED BY EITHER PUBLIC OR PRIVATE
SALE UNDER THE AUTHORITY OF THIS SECTION SHALL BE THOSE
SET FORTH IN THE LOAN AGREEMENT BETWEEN THE
COMMISSIONERS AND THE LENDER. THE PROVISIONS OF ARTICLE
23A CONCERNING THE CREATION OF MUNICIPAL INDEBTEDNESS
SHALL NOT BE APPLICABLE TO LOANS MADE HEREUNDER. THE
ISSUANCE OF SAID NOTES OR EVIDENCE OF INDEBTEDNESS SHALL
CONSTITUTE A PLEDGE OF THE FULL FAITH AND CREDIT OF THE
COMMISSIONERS OF ABERDEEN TO THE PROMPT PAYMENT FROM
AD VALOREM TAXATION AND OTHER REVENUES OF THE
PRINCIPAL AND INTEREST THEREBY SECURED. THE
COMMISSIONERS SHALL ANNUALLY LEVY UPON ALL REAL AND
TAXABLE PERSONEL PROPERTY WITHIN ITS CORPORATE LIMITS
AD VALOREM TAXES SUFFICIENT TO PROVIDE FOR THE PAYMENT
OF MATURING PRINCIPAL AND INTEREST UPON NEGOTIATED
NOTES, EVIDENCE OF INDEBTEDNESS, OR RENEWALS THEREOF,
WITHOUT LIMITATION AS TO RATE OR AMOUNT,
NOTWITHSTANDING THE LIMITATION OF ANY OTHER LAW.

SECTION 2. AND BE IT FURTHER RESOLVED, ORDAINED AND
ENACTED, That this Resolution or Charter Amendment shall become effective
fifty (50) days from the date of the enactment hereof, on the 20th day of June,
1972, and that a copy be published in at least one weekly newspaper of general
circulation not less than four (4) times at weekly intervals within the period of at
least forty (40) days after the adoption hereof, subject to proper petition for
referendum as permitted by law.