HARRY HUGHES, Governor

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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 making this Act an emergency measure.

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 Dorchester County, and the term
"hospital improvements" means the cost of expansion,
reconstruction, rehabilitation, renovation and improvement
of the Dorchester General Hospital located in Cambridge,
Maryland, including the cost of development of property
rights, acquisition and installation of furnishings and
equipment, any related financial, planning, architectural or
engineering services, any finance charges or interest prior
to or during construction and any other expenses necessary
or incident to the project.

SECTION 2. AND BE IT FURTHER ENACTED, That the County
is hereby authorized and empowered to assist Dorchester
General Hospital, Incorporated, in financing hospital
improvements, 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 Two Million Dollars ($2,000,000), 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 hospital improvements 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
twenty-five (25) 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 interest of the County; the
manner of executing and sealing the bonds, which may be by
facsimile; the place or places of payment of the principal
of and the interest on the bonds, which may be at any bank