HARRY HUGHES, Governor                              1489

needed for those purposes. The County, notwithstanding any
provision of any law heretofore or hereafter enacted that
otherwise may be inconsistent herewith, shall have and is
hereby 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 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 or trust company within
or without the State of Maryland; the collateral, if any, to
be pledged or assigned to the payment of principal of and
interest on the bonds; and generally all matters incident to
the terms, conditions, issuance, sale and delivery thereof.

The bonds may be made redeemable before maturity, at
the option of the County, at such price or prices and under
such terms and conditions as may be fixed by the County
prior to the issuance of the bonds, either m the resolution
or in subsequent resolutions. The bonds may be issued in
coupon or in registered form or both, and provision may be
made for the registration of the principal only or of both
principal and interest of bonds having coupons attached and
for the reconversion of bonds into coupon form if any bond
has been registered as to both principal and interest. In
case any officer whose signature appears on any bond or on
any coupon attached thereto ceases to be such officer before
the delivery thereof, such signature shall nevertheless be
valid and sufficient for all purposes as if he had remained
in office until such delivery. The bonds, and the issuance
and sale thereof, shall be exempt from the provisions of
Sections 9, 10, and 11 of Article 31 of the Annotated Code
of Maryland (1976 Replacement Volume).

If the County determines in the resolution to offer any
of the bonds by solicitation of competitive bids at public
sale, the resolution shall fix the terms and conditions of
the public sale and shall adopt a form of notice of sale,
which shall outline the terms and conditions, and a form of
advertisement, which shall be published in one or more daily
or weekly newspapers having a general circulation in the
County and which may also be published in one or more
journals having a circulation primarily among banks and
investment bankers. At least one publication of the
advertisement shall be made not less than ten (10) days
before the sale of bonds.