HARRY HUGHES, Governor

861

buildings and facilities and the development of the grounds
and landscaping thereof, and all customary permanent
appurtenances, furnishings, and equipment appropriate to the
full use thereof, and the term "purchase of fire and
emergency related equipment by said volunteer fire
departments" shall include the purchase of vehicles and any
other equipment related to the provision of emergency
services in Carroll County by said volunteer fire
departments.

SECTION 2. AND BE IT FURTHER ENACTED, That the County
is hereby authorized and empowered to make a loan to each
and every volunteer fire department in Carroll County,
Maryland, upon such terms and conditions as may be
determined by said county to finance the construction of
additions and improvements to said volunteer fire
departments as defined in Section 1 of this Act, and to
finance the purchase of fire and emergency related equipment
by said volunteer fire departments, as defined in Section 1
of this Act, and, in order to make such loan and financing
possible said county is hereby granted the power and
authority to borrow money and incur indebtedness for such
purpose, from time to time, in an amount not exceeding the
sum of two million dollars ($2,000,000.00), and to evidence
such borrowing by the issuance and sale upon its full faith
and credit of its serial maturity, general obligation bonds
in like par amount, upon the terms and conditions
hereinafter set forth. Such bonds may be issued from time
to time, in one or more groups or series, as funds for such
buildings and facilities become necessary, provided,
however, that the total debt which may be incurred pursuant
to the authority of this Act shall not exceed two million
dollars ($2,000,000.00).

SECTION 3. AND BE IT FURTHER ENACTED, That, subject to
the foregoing limitations, the county shall, before
borrowing any money or issuing any bonds pursuant to this
authority of the Act, adopt a resolution describing the
projects of construction, reconstruction, development,
improvement, and modernization of buildings and facilities
of said volunteer fire departments and/or the emergency
related equipment for which said borrowing or indebtedness
is intended, the amount needed for said purposes in the
aggregate, and determining to borrow money or incur
indebtedness for all or a part of the amount so needed, and
to issue its bonds to evidence such borrowing or
indebtedness. Each series or group of said bonds shall be
issued to mature in annual serial installments, the last
installment to mature not later than twenty-five (25) years
from the date of issue of said group or series. In said
resolution, said county shall fix the annual serial maturity
plan with respect to the bonds to be issued thereunder, and
said annual serial maturities shall be so fixed as to
conform to the general financial plans of the county, but
need not be in equal par amounts or in consecutive annual
installments. Subject to the limitations herein contained,
said county shall have and is hereby granted full and