2676
COUNTY LOCAL LAWS
COMMISSIONERS OF THE COUNTY (THE "BOARD") TO ADOPT A
RESOLUTION IN ACCORDANCE WITH SECTION 15(4) OF ARTICLE 25B
OF THE ANNOTATED CODE OF MARYLAND (1973 REPLACEMENT VOLUME),
AS AMENDED; AUTHORIZING AND EMPOWERING THE BOARD BY SUCH
RESOLUTION (1) TO PRESCRIBE THE FORM, TENOR, TERMS AND
CONDITIONS OF AND SECURITY FOR THE BONDS, (2) TO PRESCRIBE
THE AMOUNTS, DATE, MATURITY OR MATURITIES, INTEREST RATE OR
PATES, SINKING FUND REQUIREMENTS (IF ANY), AND REDEMPTION
PROVISIONS OF THE BONDS, (3) TO APPOINT A TRUSTEE, A BOND
REGISTRAR AND A PAYING AGENT OR AGENT FOR THE BONDS, (4) TO
APPROVE THE FORM AND CONTENTS, AND TO AUTHORIZE THE
EXECUTION AND DELIVERY (WHERE APPLICABLE) OF (A) A LOAN
AGREEMENT BETWEEN THE COMPANY AND THE COUNTY, (B) A TRUST
AGREEMENT BETWEEN THE COUNTY AND THE TRUSTEE APPOINTED
HEREUNDER, AND (C) SUCH OTHER DOCUMENTS, INCLUDING (WITHOUT
LIMITATION) MORTGAGES, DEEDS OF TRUST, GUARANTIES AND
SECURITY INSTRUMENTS AS THE BOARD SHALL DEEM NECESSARY TO
EFFECTUATE THE ISSUANCE, SALE AND DELIVERY OF THE BONDS, (5)
TO DETERMINE THE TIME OF ISSUANCE, SALE AND DELIVERY OF THE
BONDS AND TO PRESCRIBE ANY AND ALL OTHER DETAILS OF THE
BONDS, (6) TO PROVIDE FOR THE DIRECT PAYMENT BY THE COMPANY
OF ALL COSTS, FEES AND EXPENSES INCURRED BY OR ON BEHALF OF
THE COUNTY IN CONNECTION WITH THE ISSUANCE, SALE AND
DELIVERY OF THE BONDS, (7) TO PROVIDE FOR THE ISSUANCE AND
SALE (SUBJECT TO THE ENACTMENT BY THE BOARD OF SUCH
LEGISLATION AS IS REQUIRED AT THE TIME) OF ONE OR MORE
SERIES OF ADDITIONAL BONDS AND ONE OR MORE SERIES OF
REFUNDING BONDS, AND (8) TO DO ANY AND ALL THINGS, AND TO
AUTHORIZE THE OFFICIALS OF THE COUNTY TO DO ANY AND ALL
THINGS, NECESSARY, PROPER OR EXPEDIENT IN CONNECTION WITH
THE ISSUANCE, SALE AND DELIVERY OF THE BONDS; EXEMPTING THE
BONDS FROM THE PROVISIONS OF SECTIONS 9 TO 11, INCLUSIVE OF
ARTICLE 31 OF THE ANNOTATED CODE OF MARYLAND (1976
REPLACEMENT VOLUME), AS AMENDED; AND GENERALLY PROVIDING FOR
AND DETERMINING VARIOUS MATTERS IN CONNECTION WITH THE
AUTHORIZATION, ISSUANCE, SECURITY, SALE AND PAYMENT OF THE
BONDS.
Effective Date: October 30, 1978.
Bill No. 9-78
A BILL ENTITLED
LAND FILL
"Environmental Pollution Control"
AN ACT to repeal Section 298 and Section 299 of the
Code of Public Local Laws of Allegany County (1963 Edition,
Being Article 1 of the Public Local Laws of Maryland) titled
"Justices of the Peace", subtitled "Security from
non-resident plaintiff" and "Same; appeals." and to enact a
new Section 298 in lieu thereof to stand in place of the
section repealed.
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