HARRY HUGHES, Governor

1553

issuance and sale of the bonds; empowering the County
to issue refunding bonds for the purchase or redemption
of bonds in advance of maturity; empowering and
directing the County to levy, impose and 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; making the effectiveness of this Act
subject to a local referendum; and relating generally
to the issuance and sale of such bonds.

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 Queen Anne's County, and the
term "office facilities" means the costs of construction of
a county office building in Centreville, 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 office
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, 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 office 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