HARRY HUGHES, Governor 291
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1986.
Approved April 8, 1986.
CHAPTER 81
(House Bill 1051)
AN ACT concerning
Queen Anne's County - Bond Issue for County Jail
FOR the purpose of authorizing and empowering the Board of County
Commissioners of Queen Anne's County, from time to time, to
borrow not more than $3,000,000 in order to finance the cost
of certain public facilities in Queen Anne's County, as
herein defined, and to effect such borrowing by the issuance
and sale at public or private sale of its general obligation
bonds in like par amount; empowering the County to fix and
determine, by resolution, the form, tenor, interest rate or
rates or method of determining the same, terms, conditions,
maturities and all other details incident to the issuance
and sale of the bonds; empowering the County to issue
refunding bonds for the purchase or redemption of bonds in
advance of maturity; empowering and directing the County to
levy, impose and collect, annually, ad valorem taxes in rate
and amount sufficient to provide funds for the payment of
the maturing principal of and interest on the bonds;
exempting the bonds and refunding bonds, and 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
such bonds.
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That, as used herein, the term "County" means the body
politic and corporate of the State of Maryland known as the Board
of County Commissioners of Queen Anne's County, and the term
"public facilities" means the costs of the design and
construction of the Queen Anne's County jail, including site
acquisition and preparation, acquisition and installation of
appurtenant rights-of-way, utilities, equipment, and furnishings,
and together with any related architectural, financial, legal,
planning, or engineering services.
SECTION 2. AND BE IT FURTHER ENACTED, That the County is
hereby authorized to finance any part or all of the costs of the
facilities described 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 an amount not exceeding, in the aggregate,
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