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Session Laws, 1989
Volume 771, Page 2593   View pdf image
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WILLIAM DONALD SCHAEFER, Governor

Ch. 332

exercised, and the validity of any bonds issued under previously
enacted laws is hereby ratified, confirmed and approved. This
Act, being necessary for the welfare of the inhabitants of the
County, shall be liberally construed to effect its purposes. All
Acts and parts of Acts inconsistent with the provisions of this
Act are hereby repealed to the extent of any inconsistency.

SECTION 9. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1989.

Approved May 19, 1989.

CHAPTER 33 2

(Senate Bill 339)

AN ACT concerning

Washington County - Public Facilities Bonds

FOR the purpose of authorizing and empowering the County
Commissioners of Washington County, from time to time, to
borrow not more than $30,000,000 in order to finance the
cost of certain public facilities in Washington County, as
herein defined, and effect such borrowing by the issuance
and sale at public or private sale of its general obligation
bonds in like par amount; empowering the County to fix and
determine, by resolution, the form, tenor, interest rate or
rates or method of determining the same, terms, conditions,
maturities and all other details incident to the issuance
and sale of the bonds; empowering the County to issue
refunding bonds for the purchase or redemption of bonds in
advance of maturity; empowering and directing the County to
levy, impose and collect, annually, ad valorem taxes in rate
and amount sufficient to provide funds for the payment of
the maturing principal of and interest on the bonds;
exempting the bonds and refunding bonds, and the interest
thereon and any income derived therefrom, from all State,
county, municipal and other taxation in the State of
Maryland; and relating generally to the issuance and sale of
such bonds.

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 Washington County, and the term "public
facilities" means the costs of acquisition, alteration,
construction, reconstruction, enlargement, expansion, extension,

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Session Laws, 1989
Volume 771, Page 2593   View pdf image
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