4632

COUNTY LOCAL LAWS

charter provision, or otherwise (a) an indebtedness of the County
or (b) a charge against the general credit or taxing powers of
the County; providing the maximum term of maturity for the bonds
or other obligations issued pursuant to this Resolution;
authorizing the County Executive of the County, or the Director
of Administration, Deputy Director of Administration, Budget
Officer, or Controller of the County, with the approval of the
County Executive of the County, to specify, prescribe, determine,
provide for, or approve certain details, forms, documents, or
procedures in connection with the bonds or other obligations
issued hereunder and the loan of the proceeds of such bonds or
other obligations to the Borrower and any other matters necessary
or desirable in connection with the authorization, issuance,
sale, and payment of such revenue bonds or other obligations;
authorizing the County Executive, or the Director of
Administration, Deputy Director of Administration, Budget
Officer, or Controller of the County with the approval of the
County Executive, to take certain actions, to execute documents
and make certain commitments on behalf of the County in
connection with the issuance, sale, and delivery of such bonds or
other obligations; authorizing the execution and delivery of the
bonds or other obligations and such other documents as may be
necessary or desirable to effectuate the aforementioned borrowing
and the issuance, sale, and delivery of the bonds or such other
obligations; providing that approval of this Resolution by the
County Executive shall constitute the agreement of the County
Executive to report to the County Council on certain matters
pertaining to the bonds or other obligations; and generally
providing for, and determining, various matters in connection
with the issuance, sale, delivery, and payment of such bonds or
other obligations.

Approved July 3, 1985.

Resolution No. 56-85

A RESOLUTION authorizing and providing for the issuance from
time to time by Anne Arundel County, Maryland (the "County"), of
one or more series of its revenue bonds, bond anticipation notes,
notes in the nature of commercial paper and other instruments,
certificates or evidences of obligation as determined pursuant to
this Resolution in a principal amount not to exceed $4,000,000
designated "Anne Arundel County, Maryland Industrial Development
Revenue Bonds (Coca-Cola Bottling Company of Annapolis, Maryland,
Inc. Project)," pursuant to the provisions of the Maryland
Economic Development Revenue Bond Act, Sections 266A through
266-I, inclusive, of Article 41 of the Annotated Code of Maryland
(1982 Replacement Volume and 1984 Cumulative Supplement), as
amended (the "Act") in order to loan the proceeds thereof to
Coca-Cola Bottling Company of Annapolis, Maryland, Inc., a
Maryland corporation (the "Borrower"), for the sole and exclusive
purpose of financing a portion of the acquisition of a certain
facility to be located in Anne Arundel County which Facility