HARRY HUGHES, Governor

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restrictions and requirements set forth in this Act. The County
may, by appropriate resolution, provide for the replacement of
any bonds issued under this Act which may have become mutilated
or lost or destroyed upon whatever conditions and after receiving
whatever indemnity as the County may require.

SECTION 8. AND BE IT FURTHER ENACTED, That any and all
obligations issued under this Act, their transfer, the interest
payable on them, and any income derived from them from time to
time (including any profit made in their sale) shall be and are
hereby declared to be at all times exempt from State, county,
municipal, or other taxation of every kind and nature whatsoever
within the State of Maryland.

SECTION 9. AND BE IT FURTHER ENACTED, That the authority to
borrow money and issue bonds conferred on the County by this Act
shall be deemed to provide an additional, alternative, and
supplemental authority for borrowing money and shall be regarded
as supplemental and additional to powers conferred upon the
County by other laws and shall not be regarded as in derogation
of any power now existing'; and all previously enacted laws
authorizing the County to borrow money are hereby continued to
the extent that the power contained in them is continuing and has
not been exercised, unless any law is expressly repealed by this
Act, and the validity of any bonds issued under previously
enacted laws is hereby ratified, confirmed, and approved. This
Act, being necessary for the welfare of the inhabitants of the
County, shall be liberally construed to effect its purposes. All
Acts and parts of Acts inconsistent with the provisions of this
Act are hereby repealed to the extent of such inconsistency.

SECTION 10. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1986.

Approved May 13, 1986.

CHAPTER 600

(House Bill 1864)

AN ACT concerning

Creation of a State Debt - Prince George's County -
Mount Ranier Recreation Center

FOR the purpose of authorizing the creation of a State Debt in
the amount of $250,000, the proceeds to be used as a grant
to the Mayor and City Council of Mount Ranier for the
purpose of the planning, design, construction, and equipping
of a recreation center in Mount Ranier, subject to the
requirement that the Mayor and City Council of Mount Ranier