PARRIS N. GLENDENING, Governor                                 Ch. 549

(III)    FINANCING CHARGES AND INTEREST PRIOR TO AND DURING
CONSTRUCTION, AND, IF DEEMED ADVISABLE BY THE COUNTY, FOR A LIMITED
PERIOD AFTER COMPLETION OF THE CONSTRUCTION, INTEREST AND RESERVES
FOR PRINCIPAL AND INTEREST, INCLUDING COSTS OF MUNICIPAL BOND INSURANCE
AND ANY OTHER TYPE OF FINANCIAL GUARANTY AND COSTS OF ISSUANCE;

(IV)    EXTENSIONS, ENLARGEMENTS, ADDITIONS, AND
IMPROVEMENTS;

(V)     ARCHITECTURAL, ENGINEERING, FINANCIAL, AND LEGAL
SERVICES;

(VI)    PLANS, SPECIFICATIONS, STUDIES, SURVEYS, AND ESTIMATES
OF COST AND OF REVENUES;

(VII)  ADMINISTRATIVE EXPENSES NECESSARY OR INCIDENT TO
DETERMINING TO PROCEED WITH THE INFRASTRUCTURE IMPROVEMENTS; AND

(VIII)    OTHER EXPENSES AS MAY BE NECESSARY OR INCIDENT TO
THE CONSTRUCTION, ACQUISITION, AND FINANCING OF THE INFRASTRUCTURE
IMPROVEMENTS.

(B) (1) SUBJECT TO THE PROVISIONS OF THIS SECTION, AND FOR THE
PURPOSE STATED IN PARAGRAPH (2) OF THIS SUBSECTION, THE COUNTY MAY:

(I)      CREATE A SPECIAL TAXING DISTRICT;

(II)     LEVY AD VALOREM OR SPECIAL TAXES; AND

(III) ISSUE BONDS AND OTHER OBLIGATIONS.

(2) THE PURPOSE OF THE AUTHORITY GRANTED UNDER PARAGRAPH
(1) OF THIS SUBSECTION IS TO PROVIDE FINANCING, REFINANCING, OR
REIMBURSEMENT FOR THE COST OF THE DESIGN, CONSTRUCTION, ESTABLISHMENT,
EXTENSION, ALTERATION, OR ACQUISITION OF ADEQUATE STORM DRAINAGE
SYSTEMS, SEWERS, WATER SYSTEMS, ROADS, BRIDGES, CULVERTS, TUNNELS,
STREETS, SIDEWALKS, LIGHTING, PARKING, PARKS AND RECREATION FACILITIES,
LIBRARIES, SCHOOLS, TRANSIT FACILITIES, SOLID WASTE FACILITIES, AND OTHER
INFRASTRUCTURE IMPROVEMENTS AS NECESSARY, WHETHER SITUATED WITHIN
THE SPECIAL TAXING DISTRICT OR OUTSIDE THE SPECIAL TAXING DISTRICT IF THE
INFRASTRUCTURE IMPROVEMENT IS REASONABLY RELATED TO OTHER
INFRASTRUCTURE IMPROVEMENTS WITHIN THE SPECIAL TAXING DISTRICT, FOR
THE DEVELOPMENT AND UTILIZATION OF THE LAND, EACH WITH RESPECT TO ANY
DEFINED GEOGRAPHIC REGION WITHIN THE COUNTY.

(C) (1) IN ADDITION TO OTHER POWERS THE COUNTY MAY HAVE, AND
NOTWITHSTANDING THE PROVISIONS OF ANY OTHER PUBLIC LOCAL LAW, PUBLIC
GENERAL LAW, OR THE COUNTY CHARTER, THE COUNTY MAY BORROW MONEY BY
ISSUING AND SELLING BONDS FOR THE PURPOSE STATED IN SUBSECTION (B)(2) OF
THIS SECTION IF A REQUEST TO THE COUNTY IS MADE BY BOTH:

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