PARRIS N. GLENDENING, Governor Ch. 460
(8) The salary and expenses of the State's Attorney, the deputy State's
Attorneys, and the assistant State's Attorneys shall be paid in equal semimonthly
installments.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
July 1, 1997.
Approved May 8, 1997.
CHAPTER 460
(House Bill 618)
AN ACT concerning
St. Mary's County - Public Facilities Bonds
FOR the purpose of authorizing and empowering the County Commissioners of St.
Mary's County, from time to time, to borrow not more than $10,000,000 in order to
finance the construction, improvement, or development of certain public facilities in
St. Mary's County, as herein defined, and to 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; providing that nothing in this Act shall prevent the County from
authorizing the issuance and sale of bonds the interest on which is not excludable
from gross income for federal income tax purposes; 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 St. Mary's
County, and the term "construction, improvement, or development of public facilities"
means the acquisition, alteration, construction, reconstruction, enlargement, equipping,
expansion, extension, improvement, rehabilitation, renovation, upgrading, and repair of
public buildings and facilities and public works projects, including, but not limited to,
public works projects such as roads, bridges and storm drains, public school buildings and
facilities, Community College buildings, sites, and grounds, landfills, public operational
buildings and facilities such as buildings and facilities for County administrative use, the
St. Mary's County Circuit Courthouse and other public facilities, airport facilities and
grounds, public safety, health, and social services, libraries, refuse disposal buildings and
facilities, parks and recreation buildings and facilities, and detention facilities, sites, and
- 2763 -
|
|