WILLIAM DONALD SCHAEFER, Governor Ch. 700

(A)  PURPOSE. IN ADDITION TO AND NOT IN SUBSTITUTION FOR
THE AUTHORITY GRANTED BY THIS SUBTITLE, THE COUNTY COMMISSIONERS
MAY GRANT OR LEND UP TO $275,000 TO SOMERSET COUNTY MUNICIPAL
CORPORATIONS, SANITARY DISTRICTS OR SUB-DISTRICTS. THESE FUNDS
SHALL BE USED FOR THE DEVELOPMENT, CREATION, CONSTRUCTION,
ENLARGEMENT, EXTENSION, OR IMPROVEMENT OF WATER AND/OR SEWER
SYSTEMS, OR OTHER RELATED FACILITIES OR SUPPLEMENTARY WORKS, AS
THE COUNTY COMMISSIONERS DETERMINE ARE NECESSARY, APPROPRIATE,
AND PROPER TO IMPROVE CONDITIONS OF HEALTH, TO RELIEVE OR REMOVE
HAZARDS TO THE PUBLIC HEALTH, OR TO PROMOTE THE INDUSTRIAL,
COMMERCIAL, OR RESIDENTIAL DEVELOPMENT OF A PARTICULAR AREA.

(B)  AUTHORITY TO BORROW. THE COUNTY COMMISSIONERS MAY
BORROW UPON THE FAITH AND CREDIT OF SOMERSET COUNTY IN ORDER TO
OBTAIN ALL OR ANY PART OF THE FUNDS REQUIRED TO CARRY OUT THE
PROVISIONS OF THIS SECTION, UPON THE COUNTY'S GENERAL OBLIGATION
BONDS, REVENUE BONDS, OR NOTES. THE COUNTY COMMISSIONERS SHALL
DETERMINE THE TERMS AND CONDITIONS OF REPAYMENT, THE AMOUNT OF
INTEREST (IF ANY), AND THE SECURITY NECESSARY FOR THESE LOANS.

(C)  LENDING CREDIT. IN ORDER TO CARRY OUT THE PURPOSES OF
THIS SECTION, THE COMMISSIONERS MAY LEND THE CREDIT OF THE COUNTY
TO A MUNICIPALITY, SANITARY DISTRICT OR SUB-DISTRICT, BY
ENDORSING OR OTHERWISE SECURING OR GUARANTEEING THE PAYMENT OF
THE OBLIGATION. THE LOAN OF CREDIT, HOWEVER, MAY NOT TO EXCEED
THE $275,000.

(D)  LEVY. THE COUNTY COMMISSIONERS SHALL LEVY UPON THE
TAXABLE PROPERTY OF SOMERSET COUNTY WHATEVER AMOUNT IS NECESSARY
FOR THE PAYMENTS OF INTEREST AND PRINCIPAL ON ANY SUCH BONDS OR
NOTES. (1972, ch. 14, sec. 22B; 1977 Code, sec. 25; 1988, ch.

.)

2-310. APPROPRIATIONS TO LIBRARIES.

THE COUNTY COMMISSIONERS SHALL APPROPRIATE ANNUALLY TO THE
FOLLOWING LIBRARIES:

(1)  LILLIAN STRATON CORBIN MEMORIAL LIBRARY; AND

(2)  PRINCESS ANNE PUBLIC LIBRARY. (1963 Code, sec.
148; 1943, ch. 965; 1963, ch. 434; 1977 Code, sec. 26; 1988, ch.

.)

2-311. APPROPRIATION FOR DISPENSARY.

THE COUNTY COMMISSIONERS MAY BORROW FUNDS FOR THE

CONSTRUCTION OF A DISPENSARY IN THE BRINKLEY'S ELECTION DISTRICT.
(1973, ch. 868, SEC. 22C; 1977 Code, sec. 27; 1988, ch. .)

2-312 2-311. BORROWING FOR JAIL FACILITY.

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