WILLIAM DONALD SCHAEFER, Governor Ch. 705

including the actual cost to the Commission of performance of any
of the foregoing functions by its own staff, which cost may be
reimbursed to the Commission from the proceeds of such bonds
issued to finance the facilities with respect to which such
services have been performed.

(3)  The Commission may fix and, from time to time,
alter or amend fees, rates, rentals, or other charges for the use
of any facility of the Commission in Montgomery County OR PRINCE
GEORGE'S COUNTY in order (i) to provide revenues to meet debt
service on its bonds issued under this subsection to finance the
cost of any such facility either separately or together with
other revenue producing facilities of the Commission in
Montgomery County OR PRINCE GEORGE'S COUNTY or to meet debt
service on such bonds issued to finance the cost of other revenue
producing facilities of the Commission in Montgomery County OR
PRINCE GEORGE'S COUNTY, and (ii) to provide for the payment of
all expenses of the Commission with respect to such facility or
facilities, such as, without limitation, operating and
maintenance expenses, unless the Commission authorizes the use of
funds derived from a source other than such facility or
facilities available to it for payment of such other expenses.
The Commission may enter into such covenants with respect to the
fixing of any such fees, rates, rentals or other charges and the
collection and application thereof as it may deem requisite in
order to market any of its bonds to be issued under this
subsection.

(4)  The Commission may determine any and all matters
relating to the form, terms and conditions, issuance, sale and
delivery of any obligations issued under this subsection,
including, without limitation, the interest rate or rates to be
borne by such obligations, or the method of determining such rate
or rates, the maturity date or dates thereof, any provisions for
redemption prior to maturity, the price or prices at which such
obligations are to be sold, which may be above or below the par
value thereof, and the security for such obligations. Such
obligations may be sold at public or at private sale, as the
Commission may determine. Such obligations are negotiable
instruments under Maryland law, notwithstanding any other
provisions of the Code or any recitals in any instruments
creating any such obligation. Such obligations shall be executed
on behalf of the Commission by the manual or facsimile signature
of its chairman and shall be attested by its secretary-treasurer,
and the seal of the Commission shall be impressed or imprinted
thereon. Such obligations shall be valid notwithstanding the
fact that any officer of the Commission signing the same shall
cease to be such officer prior to the delivery of such
obligations.

(5)  For the purpose of securing the payment of the
principal of and interest on any obligations issued under this
subsection, the Commission may enter into a trust agreement with

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