4648                                              COUNTY LOCAL LAWS

County from the Borrower dated September 3, 1985; providing that
such revenue bonds and other obligations (i) shall be payable
solely from revenue derived by the County in connection with the
financing of the facility, including (without limitation) loan
repayments (both principal and interest) made to the County by
the Borrower or from the proceeds of bonds or other obligations
issued for the purposes of refunding other obligations, and (ii)
shall not ever constitute, within the meaning of any statutory
limitation, constitutional or 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 October 17, 1985.

Resolution No. 90-85

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 $6,600,000
designated "Anne Arundel County, Maryland Economic Development
Revenue Bonds (Regency Club - Section II Facility)," pursuant to
the provisions of the Maryland Economic Development Revenue Bond