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Session Laws, 1983
Volume 745, Page 1393   View pdf image
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HARRY HUGHES, Governor                                         1393
provided in this title from the 12 cents tax in Montgomery and 8
1/2 cents in fiscal year 1970, and ten cents thereafter, in
Prince George's County levied by the county benefited]. The
proceeds of the sale of bonds [issued under this section] to be
expended within or for the benefit of that portion of the
district within Montgomery County shall be expended only upon the
recommendation of the members of the Commission from Montgomery
County. In like manner, the proceeds of the sale of bonds issued
to be expended within that portion of the district within Prince
George's County shall be expended only upon the recommendation of
the members of the Commission from Prince George's County. [(i) The Commission may utilize and expend the remaining
funds received from the sale of bonds known as Little Falls
Branch Park Development Bonds, Series CC, issued in the aggregate
face amount of $250,000 and dated July 1, 1956, the funds to be
expended either for the improvement and development of Little
Falls Branch Park, as originally intended at the time of the
issuance of the bonds, or, in the discretion of the Commission
for any other purposes for which it is authorized by law to issue
bonds, including among others the acquisition of lands or other
property. (j)] (F) (1) For the purpose of paying the cost of any
facilities in Prince George's County, for the use or benefit of
which the Commission proposes to make or authorize a charge, and
which will comprise an integral part of the park and recreation
systems of the Commission, authority is conferred on the
Commission, in addition to all authority conferred elsewhere in
this [chapter] TITLE: to issue its bonds payable as to principal
and interest solely or in part from the net or gross rents or
revenues realized by the Commission from any such facilities.
These bonds shall be designated revenue bonds; the amount thereof
which may be issued at any one time shall be limited only by the
cost of the facilities[,] to be financed with the proceeds
thereof and there may not be a limitation on the aggregate amount
of such bonds which may be outstanding at any one time. (2) As used in this subsection, the following words
have the meanings indicated: (A) "Facility" means any improvement or
addition to the park or recreation systems of the Commission for
the use or enjoyment of which the Commission has determined to
make or authorize a charge or fee, or from which it has
contracted to collect rent based on any such charge or fee,
provided a similar fee or charge is made for similar improvements
constructed elsewhere in the park or recreation system. It
includes, but is not restricted to, swimming and bathing
facilities, ice skating rinks, and all buildings, structures,
parking areas, and equipment necessary and incidental to any of
the foregoing. It does not include roads, drives or highways,
sanitary facilities or equipment except to the extent necessary
for the service of any facility, nor does it include schools or
other structures for general education, facilities for the sale


 
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Session Laws, 1983
Volume 745, Page 1393   View pdf image
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