Ch. 331

LAWS OF MARYLAND

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That, as used herein, the term "County" means the body
politic and corporate of the State of Maryland known as the
County Commissioners of Dorchester County, and the term
"detention facilities" means the costs of planning, designing,
acquiring, constructing, furnishing and equipping a new
Dorchester County detention center or jail, including all costs
of providing interim detention facilities pending completion of
construction and occupancy of the new County detention center and
of complying with or satisfying any judgment, decree or order of
state or federal court relating to the housing of inmates pending
such completion of construction and occupancy, and all related
costs for architectural, financial, legal, engineering or
monitoring services and any other costs or expenditures incurred
by the County in connection therewith.

SECTION 2. AND BE IT FURTHER ENACTED, That the County is
hereby authorized to finance any part or all of the detention
facilities described in Section 1 of this Act, and to borrow
money and incur indebtedness for that purpose, at one time or
from time to time, in an amount not exceeding, in the aggregate,
$3,000,000 and to evidence its borrowing by the issuance and sale
upon its full faith and credit of general obligation bonds in
like par amount, which may be issued at one time or from time to
time, in one or more groups or series, as the County may
determine.

SECTION 3. AND BE IT FURTHER ENACTED, That the Bonds shall
be issued pursuant to a resolution of the County which shall
describe generally the facilities for which the proceeds of the
bond sale are intended and the amount needed for those purposes.
The County shall have and is hereby granted full and complete
authority and discretion in the resolution to fix and determine
with respect to the bonds of any issue: the designation, date of
issue, denomination or denominations, form or forms and tenor of
the bonds; the rate or rates of interest payable thereon, or the
method of determining the same, which may include a variable
rate; the date or dates and amount or amounts of maturity, which
need not be in equal par amounts or in consecutive annual
installments, provided only that no bond of any issue shall
mature later than 30 years from the date of its issue; the manner
of selling the bonds, which may be at either public or private
sale, for such price or prices as may be determined to be for the
best interests of the County; the terms and conditions, if any,
under which bonds may be tendered for payment or purchase prior
to their stated maturity; the terms or conditions, if any, under
which bonds may or shall be redeemed prior to their stated
maturity; the place or places of payment of the principal of and
the interest on the bonds, which may be any bank or trust company
within or without the State of Maryland; and generally all

- 2590 -