HARRY HUGHES, Governor                                   1737

collect, annually, ad valorem taxes in rate and amount
sufficient to provide funds for the payment of the
maturing principal of and interest on the bonds;
exempting the bonds and refunding bonds, and the
interest thereon and any income derived therefrom, from
all State, county, municipal and other taxation in the
State of Maryland; relating generally to the issuance
and sale of such bonds; and repealing Chapter 898 of
the Acts of the General Assembly of 1978 and Chapter
138 of the Acts of the General Assembly of 1977.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That, as used herein, the term "County" means the
body politic and corporate of the State of Maryland known as
the County Commissioners of Caroline County, and the term
"jail facilities" means the costs of expansion, alteration,
enlargement, extension, expansion, improvement,
reconstruction, rehabilitation, renovation and repair of the
Caroline County Jail, including the cost of acquisition and
development of property rights, acquisition and installation
of furnishings and equipment, and any related architectural,
financial, legal, planning and engineering services.

SECTION 2. AND BE IT FURTHER ENACTED, That the County
is hereby authorized and empowered to finance the
construction, improvement, or development of jail
facilities, as defined in Section 1 of this Act, and to
borrow money and incur indebtedness for that purpose, at one
time or from time to time, in an amount not exceeding, in
the aggregate, Six Hundred Fifty Thousand Dollars
($650,000), and to evidence such borrowing by the issuance
and sale upon its full faith and credit of 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 the County may determine.

SECTION 3. AND BE IT FURTHER ENACTED, That the bonds
shall be issued pursuant to a resolution of the County which
shall describe generally the jail facilities for which the
proceeds of the bond sale are intended and the amount needed
for those 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
denominations, 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