3120                                          LAWS OF MARYLAND                                     Ch. 676

(VI) THE PLACE OR PLACES OF PAYMENT OF THE
PRINCIPAL OF AND THE INTEREST ON THE BONDS, WHICH MAY BE AT ANY
BANK OR TRUST COMPANY WITHIN OR WITHOUT THE STATE; AND

(VII) GENERALLY ALL MATTERS INCIDENT TO THE
TERMS, CONDITIONS, ISSUANCE, SALE AND DELIVERY OF THE BONDS.

(4) THE BONDS MAY BE MADE REDEEMABLE BEFORE MATURITY,
AT THE OPTION OF THE COUNTY, AT SUCH PRICE OR PRICES AND UNDER
SUCH TERMS AND CONDITIONS AS MAY BE FIXED BY THE COUNTY BY
RESOLUTION PRIOR TO THE ISSUANCE OF THE BONDS.

(5) THE BONDS SHALL BE ISSUED IN REGISTERED FORM
ONLY. IN CASE ANY OFFICER WHOSE SIGNATURE APPEARS ON ANY BOND
CEASES TO BE SUCH OFFICER BEFORE THE DELIVERY THEREOF, SUCH
SIGNATURE SHALL NEVERTHELESS BE VALID AND SUFFICIENT FOR ALL
PURPOSES AS IF SUCH OFFICER HAD REMAINED IN OFFICE UNTIL SUCH
DELIVERY. THE BONDS, AND THE ISSUANCE AND SALE THEREOF, SHALL BE
EXEMPT FROM THE PROVISIONS OF SECTIONS 9, 10 AND 11 OF ARTICLE 31
OF THE ANNOTATED CODE OF MARYLAND.

(6) IF THE COUNTY DETERMINES TO OFFER ANY OF THE
BONDS BY SOLICITATION OF COMPETITIVE BIDS AT PUBLIC SALE, THE
COUNTY SHALL FIX THE TERMS AND CONDITIONS OF THE PUBLIC SALE AND
SHALL ADOPT BY RESOLUTION A FORM OF NOTICE OF SALE, WHICH SHALL
OUTLINE THE TERMS AND CONDITIONS OF SALE, AND A FORM OF
ADVERTISEMENT, WHICH SHALL BE PUBLISHED IN ONE OR MORE DAILY OR
WEEKLY NEWSPAPERS HAVING A GENERAL CIRCULATION WITHIN THE
CORPORATE BOUNDARIES OF THE COUNTY AND WHICH MAY ALSO BE
PUBLISHED IN ONE OR MORE JOURNALS HAVING A CIRCULATION PRIMARILY
AMONG BANKS AND INVESTMENT BANKERS. AT LEAST ONE PUBLICATION OF
THE ADVERTISEMENT SHALL BE MADE NOT LESS THAN TEN DAYS BEFORE THE
SALE OF THE BONDS.

(7) THE BONDS MAY BE ISSUED AT ONE TIME OR FROM TIME
TO TIME. ANY ISSUE OF BONDS AUTHORIZED BY THIS SECTION MAY BE
ISSUED AS PART OF A CONSOLIDATED BOND ISSUE OF THE COUNTY. IF
THE BONDS ARE ISSUED AS PART OF A CONSOLIDATED BOND ISSUE AND IF
THERE IS A CONFLICT BETWEEN THIS SECTION AND ANY OTHER LAW WITH
RESPECT TO THE MANNER IN WHICH ANY BONDS IN THE CONSOLIDATED BOND
ISSUE ARE TO BE ISSUED, THE COUNTY SHALL HAVE AND IS HEREBY
GRANTED FULL AND COMPLETE AUTHORITY AND DISCRETION TO RESOLVE ANY
SUCH CONFLICT, IT BEING THE INTENTION OF THE GENERAL ASSEMBLY TO
ENCOURAGE AND PROMOTE THE ISSUANCE OF THE BONDS AS PART OF A
CONSOLIDATED BOND ISSUE.

(8) THE BONDS SHALL CONSTITUTE, AND THEY SHALL SO
RECITE, AN IRREVOCABLE PLEDGE OF THE FULL FAITH AND CREDIT AND
UNLIMITED TAXING POWER OF THE COUNTY TO THE PAYMENT OF THE
MATURING PRINCIPAL OF AND INTEREST ON THE BONDS AS AND WHEN THEY
BECOME PAYABLE. IN EACH AND EVERY FISCAL YEAR THAT ANY OF THE
BONDS ARE OUTSTANDING, THE COUNTY SHALL LEVY OR CAUSE TO BE
LEVIED AD VALOREM TAXES UPON ALL THE ASSESSABLE PROPERTY WITHIN
THE CORPORATE LIMITS OF THE COUNTY IN RATE AND AMOUNT SUFFICIENT