MUNICIPAL CHARTERS

FINANCING AGREEMENT WITH RESPECT TO ANY SUCH ACQUISITION SHALL
CONSTITUTE A BORROWING AND BONDS WITHIN THE MEANING OF SECTION
114 AND 115 OF THE CHARTER AND (iii) OTHER MATTERS RELATED
THERETO.

[Section(s) 172 of the Charter of the City of Frederick,
Frederick County, as found in the compilation of Municipal
Charters of Maryland (1983 Edition), repealed and reenacted, with
amendments.

Effective Date August 28, 1987]

RESOLUTION NO. 8-87

A RESOLUTION TO PROPOSE AN AMENDMENT TO ARTICLE VII OF THE
CHARTER OF THE CITY OF FREDERICK ENTITLED "FINANCE" BY AMENDING
SECTION 115 ENTITLED "REGULATIONS CONCERNING THE ISSUANCE AND
SALE OF BONDS" FOR THE PURPOSE OF PROVIDING THAT (i) PAYMENT OF
BONDS MAY BE AMORTIZED AS THE MAYOR AND BOARD OF ALDERMEN SHALL
DETERMINE, (ii) THE CITY MAY ENTER INTO AGREEMENTS FOR THE
PURPOSE OF ENHANCING THE MARKETABILITY OF AND SECURITY FOR BONDS,
AND (iii) NOTHING IN THE CHARTER SHALL PREVENT THE CITY FROM
AUTHORIZING THE ISSUANCE OF BONDS THE INTEREST ON WHICH IS NOT
EXCLUDABLE FROM GROSS INCOME FOR FEDERAL INCOME TAX PURPOSES.

[Section(s) 115 (c) of the Charter of the City of Frederick,
Frederick County, as found in the compilation of Municipal
Charters of Maryland (1983 Edition), repealed and reenacted, with
amendments.

Effective Date August 28, 1987]

RESOLUTION NO. 1-88

A RESOLUTION FOR THE ENLARGEMENT OF THE CORPORATE BOUNDARIES
OF THE CITY OF FREDERICK BY EXTENDING THE CORPORATE LIMITS OF THE
CITY AND IN SO DOING AMEND ARTICLE I, ENTITLED "INCORPORATION AND
GENERAL GOVERNMENT," SECTION 2, ENTITLED "BOUNDARIES," OF THE
CHARTER OF THE CITY OF FREDERICK; TO PROVIDE FOR THE ANNEXATION
OF 263 ACRES OF LAND, MORE OR LESS, GENERALLY ALONG THE
NORTHEASTERN BOUNDARY OF THE CITY.

[Pursuant to Section(s) 2 of the Charter of the City of
Frederick, Frederick County, as found in the compilation of
Municipal Charters of Maryland (1983 Edition).

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