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LAWS OF MARYLAND

Ch. 397

CHAPTER 397

(House Bill 1055)

AN ACT concerning

Carroll County - Budget Process

FOR the purpose of authorizing the County Commissioners of
Carroll County to enter into certain long-term . arrangements
for the acquisition of real or personal property and,
notwithstanding other requirements to the contrary, and to
only appropriate the funds necessary to meet the contractual
obligations under such arrangements on a year-by-year basis;
and specifying a maximum dollar amount that may be obligated
under those arrangements at any one time.

BY adding to

The Public Local Laws of Carroll County
Section 3-62(21)

Article 7 - Public Local Laws of Maryland
(1976 Edition and 1984 Supplement, as amended)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 7 - Carroll County

3-62.

The County Commissioners of Carroll County shall establish
orderly procedures for budgeting and finance which shall:

(21) PROVIDE THAT, NOTWITHSTANDING OTHER REQUIREMENTS
OF THIS SECTION, THE COUNTY COMMISSIONERS MAY ACQUIRE REAL OR
PERSONAL PROPERTY UNDER INSTALLMENT, LEASE-PURCHASE, OR SIMILAR
LONG-TERM ARRANGEMENTS BY APPROPRIATING FUNDS FOR EACH YEAR
SUFFICIENT TO MEET THE CONTRACTUAL OBLIGATIONS FOR THAT YEAR.
HOWEVER, THE COUNTY COMMISSIONERS MAY NOT OBLIGATE MORE THAN

$10,000,000 $5,000,000 under these arrangements at any one time.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1985.

Approved May 21, 1985.