HARRY HUGHES, Governor

923

conditions, maturities, and all other details incident or
necessary to the issuance, public sale, and delivery of said
bonds, without reference to the provisions of Sections 9,
10, and 11 of Article 31 of the Code of Public General Laws
of Maryland (1983 Replacement Volume); prescribing the
method and manner of selling said bonds at public sale;
empowering said county, subject to certain limitations, to
sell said bonds at, above, or below the par value thereof;
empowering said county to refund any of said bonds purchased
or redeemed in advance of maturity; empowering and directing
said county to apply to the payment of principal and
interest of said bonds and said refunding bonds any funds
received from the State of Maryland, and the United States
of America, which may be properly allocable to said
purposes; empowering and directing said county to contract
to levy and to levy, impose, and collect annually ad valorem
taxes which, in addition to payments from said volunteer
fire departments, and State and federal allotments, if any,
will provide funds sufficient for the payment of said
maturing principal and interest; exempting said bonds and
said refunding bonds and the interest thereon and any income
derived therefrom from all State, county, and municipal
taxation in the State of Maryland; and generally relating to
the issuance and sale of bonds for the Carroll County
Community College.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That as used herein, the terms "County" shall mean the
body politic and corporate of the State of Maryland known as the
County Commissioners of Carroll County, and the term
"Construction of a Carroll County Community College in Carroll
County, Maryland" shall include the construction and equipping of
buildings and facilities of said Community College including
planning, architectural and engineering services, including the
preparation of plans, drawings and specifications for such
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.

SECTION 2. AND BE IT FURTHER ENACTED, That the County is
hereby authorized and empowered to borrow money and incur
indebtedness for such purpose to finance the construction of a
Carroll County Community College in Carroll County, Maryland, as
defined in Section 1 of this Act, from time to time, in an amount
not exceeding the sum of eight million dollars ($8,000,000), 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 eight million dollars ($8,000,000).