2348                                          LAWS OF MARYLAND                      [Ch. 689

time, to borrow not exceeding two Billion dollars
($2,000,000) in order to finance the construction of
additions and improvements to buildings and
facilities of Frederick Memorial Hospital, Inc., in
said County, as herein defined, and to effect such
borrowing by the issuance and sale to the highest-
bidder or bidders at public sale of its general
obligation, serial maturity bonds in like par
amount; empowering said County to fix and determine,
by resolution, the form, tenor, interest rate or
method of arriving at the same, terms, including
redemption and registration provisions, conditions,
maturities and all other details incident or
necessary to the issuance, public sale and delivery
of said bonds, without reference to the provisions
of Sections 9, 10, and 11 of Article 31 of the Code
of Public General Laws of Maryland (1971 Replacement
Volume); prescribing the method and manner of
selling said bonds at public sale; empowering said
County, subject to certain limitations, to sell said
bonds at, above or below the par value thereof;
empowering said County to refund any of said bonds
purchased or redeemed in advance of maturity;
empowering and directing said County to apply to the
payment of principal and interest of said bonds and
said refunding bonds any funds received from the
State of Maryland and the United States of America,
which may be properly allocable to said purposes;
empowering and directing said County to contract to
levy and to levy, impose and collect annually ad
valorem taxes which, in addition to the State and
Federal allotments, if any, will provide funds
sufficient for the payment of said maturing
principal and interest; exempting said bonds and
said refunding bonds and the interest thereon and
any income derived therefrom, from all State, county
and municipal taxation in the State of Maryland.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That as used herein, the term "County" shall
mean the body politic and corporate of the State of
Maryland known as the County Commissioners of Frederick
County, and the term "Construction of additions and
improvements to Frederick Memorial Hospital, Inc." shall
include the construction, reconstruction, development,
improvement, modernization of buildings and facilities of
Frederick Memorial Hospital, Inc., including planning,
architectural and engineering services, including the
preparation of plans, drawings and specifications for
such buildings and facilities and the development of the
grounds and landscaping thereof, and all customary
permanent appurtenances, furnishings and equipment
appropriate to the full use thereof.