HARRY HUGHES, Governor

1011

payment of the maturing principal of and interest on the
bonds; exempting the bonds and refunding bonds, the interest
thereon and any income derived therefrom, from all State,
county, municipal and other taxation in the State of
Maryland; and relating generally to the issuance and sale of
the bonds.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That, as used in this Act, the term "County" means the
body politic and corporate of the State of Maryland known as the
County Commissioners of Charles County; the term "Board" means
Board of County Commissioners of Charles County, the governing
body of the County; the term "public facilities" means the
planning, design, acquisition, construction and equipping of a
multi-purpose stadium in Charles County for the holding of
athletic contests or events including professional minor league
baseball, including (without limitation) offices, parking
facilities, means of access and utility services, and the
acquisition and development, as applicable, of land, structures,
real or personal property, rights, rights-of-way, easements and
other interests for such public facilities, the acquisition and
installation of furnishings and equipment of the public
facilities, together with any related financing charges, interest
prior to and during construction (and, if deemed necessary by the
County, for a limited period after completion of construction),
interest and reserves for principal and interest and for
extensions, enlargements, additions and improvements,
architectural, engineering, financial, legal, planning, and other
professional services, plans, specifications, studies, surveys,
estimates of cost and of revenues, administrative expenses
necessary or incident to determining the feasibility or
practicability of the public facilities and such other expenses
as may be necessary or incident to the planning, design,
acquisition, construction and equipping of the public facilities,
the financing or refinancing of such planning, design,
acquisition, construction and equipping, and placing the public
facilities in operation.

SECTION 2. AND BE IT FURTHER ENACTED, That the County is
hereby authorized and empowered to finance any part or all of the
costs of the public facilities, as defined in Section 1 of this
Act, and to borrow money and incur indebtedness for that purpose,
at one time or from time to time, in a principal amount not
exceeding, in the aggregate, $1,500,000, and to evidence its
borrowing by the issuance and sale upon its full faith and credit
of its general obligation bonds in like par amount, which may be
issued at one time or from time to time, in one or more groups or
series, as the County may determine.

SECTION 3. AND BE IT FURTHER ENACTED, That the bonds shall
be issued pursuant to a resolution of the Board which shall
describe generally the public facilities for which the proceeds
of the bond sale are intended and the amount needed for such
purpose. The County shall have and is hereby granted full and
complete authority and discretion in the resolution to fix and