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HARRY HUGHES, Governor 1463
(D) MEMBERS OF THE COMMISSION SHALL BE APPOINTED BY, AND
SHALL SERVE AT THE PLEASURE OF, THE BOARD OF COUNTY
COMMISSIONERS. NO MEMBER SHALL BE APPOINTED FOR A TERM THAT
EXCEEDS 6 YEARS. A MEMBER MAY BE REMOVED AT ANY TIME WITH OR
WITHOUT CAUSE.
(E) SUBJECT TO THE PROVISIONS OF THIS SECTION, THE BOARD OF
COUNTY COMMISSIONERS SHALL DETERMINE OR APPROVE ALL MATTERS
RELATING TO THE STRUCTURE, ORGANIZATION, AND ADMINISTRATION OF
THE COMMISSION, INCLUDING:
(1) THE NUMBER, TENURE, MANNER OF APPOINTMENT AND
COMPENSATION (IF ANY) OF ITS MEMBERS;
(2) THE TENURE AND MANNER OF ELECTION OF ITS
OFFICERS;
(3) STAFFING REQUIREMENTS AND APPOINTMENTS; AND
(4) THE BYLAWS AND PROCEDURES USED BY THE COMMISSION
FOR THE REGULATION OF ITS AFFAIRS AND THE CONDUCT OF ITS
BUSINESS.
(F) THE BOARD OF COUNTY COMMISSIONERS MAY APPROPRIATE FUNDS
TO PROVIDE FOR THE NECESSARY EXPENSES OF THE COMMISSION.
(G) THE COMMISSION, ON BEHALF OF THE COUNTY COMMISSIONERS
OF ST. MARY'S COUNTY AND WITH THE APPROVAL OF THE BOARD OF COUNTY
COMMISSIONERS, MAY ISSUE AND SELL ITS LIMITED OBLIGATION BONDS AT
ANY TIME AND FROM TIME TO TIME FOR THE PURPOSE OF FINANCING OR
REFINANCING THE COSTS OF ACQUIRING, RENOVATING, AND LEASING REAL
PROPERTY PURSUANT TO THIS SECTION AND FOR THE PURPOSE OF
REFUNDING OUTSTANDING BONDS, INCLUDING THE NECESSARY EXPENSES OF
PREPARING, PRINTING, SELLING, AND ISSUING THE BONDS, THE FUNDING
OF RESERVES AND THE PAYMENT OF INTEREST IN SUCH AMOUNTS AND FOR
SUCH PERIOD AS THE COMMISSION DEEMS REASONABLE.
(H) BONDS ISSUED BY THE COMMISSION SHALL BE AUTHORIZED BY A
RESOLUTION OR RESOLUTIONS OF THE COMMISSION WHICH SHALL SPECIFY,
PRESCRIBE, DETERMINE, PROVIDE FOR, AND APPROVE SUCH MATTERS,
DETAILS, FORMS, DOCUMENTS, OR PROCEDURES AS THE COMMISSION MAY
DEEM APPROPRIATE TO THE AUTHORIZATION, SALE, SECURITY, ISSUANCE,
DELIVERY, OR PAYMENT OF OR FOR THE BONDS.
(I) THE COMMISSION MAY ENTER INTO A TRUST AGREEMENT WITH
ANY TRUST COMPANY OR BANK HAVING THE POWERS OF A TRUST COMPANY IN
ORDER TO SECURE THE BONDS THROUGH A PLEDGE OR ASSIGNMENT OF
REVENUES TO BE RECEIVED BY THE COMMISSION TO PAY THE PRINCIPAL
OF, PREMIUM (IF ANY) AND INTEREST ON THE BONDS, WHICH PLEDGE OR
ASSIGNMENT SHALL BE VALID AND BINDING AGAINST ANY PERSON HAVING A
CLAIM OF ANY KIND AGAINST THE COMMISSION, IRRESPECTIVE OF WHETHER
THE PERSON HAS NOTICE.
(J) BONDS ISSUED BY THE COMMISSION SHALL BEAR SUCH DATE OR
DATES, MATURE AT SUCH TIME OR TIMES, NOT EXCEEDING 30 YEARS FROM
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