Ch. 429
LAWS OF MARYLAND
CHAPTER 429
(House Bill 664)
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,
improvement, rehabilitation, renovation and repair of county
buildings and facilities, including development of property,
acquisition and installation of equipment and furnishings capital
projects, including public schools and other public facilities,
together with any related architectural, financial, legal,
planning or engineering services, particularly for the County
Detention Center, Conococheague Wastewater Treatment Plant,
drainage, transportation, the airport, roads, parks and
recreation, Hagerstown Junior College, fire and rescue projects,
Health Department projects and Board of Education projects.
SECTION 2. AND BE IT FURTHER ENACTED, That the County is
hereby authorized to finance any part or all of the costs of the
facilities described in Section 1 of this Act, and to borrow
money and incur indebtedness for that purpose, at one time or
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