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Session Laws, 1989
Volume 771, Page 2953   View pdf image
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WILLIAM DONALD SCHAEFER, Governor Ch. 452

(H) (I) "SOLID WASTES" MEANS ALL WASTE MATERIALS, WHETHER
SOLID, LIQUID OR GAS, INCLUDING GARBAGE, RUBBISH, ASHES,
INCINERATOR RESIDUE, WASTEWATER TREATMENT RESIDUE, STREET
CLEANINGS, DEAD ANIMALS, DEMOLITION AND CONSTRUCTION DEBRIS,
HOUSEHOLD APPLIANCES, AUTOMOBILE BODIES, OFFAL, PAUNCH MANURE,
METHANE OR OTHER GASES, SEWAGE SLUDGE, AND SOLID OR GASEOUS WASTE
MATERIALS FROM COMMERCIAL, AGRICULTURE AGRICULTURAL, INDUSTRIAL,
OR COMMUNITY ACTIVITIES.

15A-2.

TO PROVIDE FOR THE GENERAL HEALTH AND WELFARE OF THE
RESIDENTS OF THE COUNTY, THE COUNTY MAY ACQUIRE, CONSTRUCT,
OPERATE, AND MAINTAIN SUCH SOLID WASTE PROJECTS AS IT DEEMS TO BE
IN THE PUBLIC INTEREST OR ENTER INTO CONTRACTS WITH OTHER PUBLIC
OR PRIVATE ENTITIES UNDER WHICH SUCH ENTITIES SHALL ACQUIRE,
CONSTRUCT, OPERATE OR MAINTAIN SOLID WASTE PROJECTS FOR THE
COUNTY.

15A-3.

FOR THE PURPOSE OF PROVIDING FUNDS TO PAY THE COSTS OF SOLID
WASTE PROJECTS, THE COUNTY IS AUTHORIZED AND EMPOWERED TO BORROW
MONEY, IN AN AGGREGATE AMOUNT NOT TO EXCEED $6,000,000 FROM TIME
TO TIME, AND TO EFFECT SUCH BORROWING BY THE ISSUANCE AND SALE OF
BONDS. THE BONDS MAY BE ISSUED AT ONE TIME, OR FROM TIME TO
TIME, IN ONE OR MORE GROUPS OR SERIES, AS THE BOARD MAY
DETERMINE. THE BOARD SHALL BY RESOLUTION FIX THE MATURITY OF ANY
OF THE BONDS, PROVIDED THAT THE BONDS MAY NOT MATURE LATER THAN

30 YEARS FROM THE DATE OF THEIR ISSUE, AND PROVIDED FURTHER THAT
THE BONDS MAY BE ISSUED ON THE SERIAL MATURITY PLAN OR SUCH OTHER
PLAN AS THE BOARD FINDS AND DETERMINES TO BE NECESSARY OR
DESIRABLE IN CONNECTION WITH THE ISSUANCE AND SALE OF THE BONDS.
THE RESOLUTION MAY FIX THE DENOMINATION OF THE BONDS, THE FORM
AND TENOR OF THE BONDS, WHICH (WITHOUT LIMITATION) MAY BE ISSUED
IN "REGISTERED FORM" WITHIN THE MEANING OF SECTION 30 OF ARTICLE

31 OF THE ANNOTATED CODE OF MARYLAND AS EFFECTIVE FROM TIME TO
TIME, THE RATE OR RATES OF INTEREST PAYABLE THEREON, OR THE
METHOD OF DETERMINING THE SAME, WHICH MAY INCLUDE A VARIABLE
RATE, THE MANNER AND PLACE OF PAYMENT, THE DATE, PLACE, AND TERMS
OF THE SALE OF THE BONDS, AND ALL DETAILS NOT PROVIDED FOR WITH
RESPECT TO THE FORM, ISSUANCE, AND SALE. THE BONDS SHALL BE
SIGNED BY ANY MEMBER OF THE BOARD DESIGNATED BY A RESOLUTION OF
THE BOARD TO BE THE SIGNATORY AND BY THE CLERK TO THE COUNTY
COMMISSIONERS OF CARROLL COUNTY. THE SEAL OF THE COUNTY SHALL BE
AFFIXED TO THE BONDS.

15A-4.

ANY BONDS ISSUED UNDER THIS SUBTITLE MAY BE SOLD, IN THE
DISCRETION OF THE BOARD, AT PUBLIC OR PRIVATE SALE. BONDS MAY BE
SOLD AT LESS THAN PAR. ANY BONDS ISSUED UNDER THIS SUBTITLE
SHALL BE EXEMPT FROM THE PROVISIONS OF SECTIONS 10 AND 11 OF

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Session Laws, 1989
Volume 771, Page 2953   View pdf image
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