In accordance with Article II, Section 17 of the Maryland Constitution, I have today
vetoed House Bill 647.
This bill authorizes the Cecil County Commissioners to issue up to $12 million in
general obligation bonds for construction, improvement, or development of public
facilities. The date of maturity cannot exceed 30 years.
Senate Bill 469, which was passed by the General Assembly and signed by me on May
13, 1999, accomplishes the same purpose. Therefore, it is not necessary for me to sign
House Bill 647.
Sincerely,
Parris N. Glendening
Governor
House Bill 647
AN ACT concerning
Cecil County - Public Facilities Bonds
FOR the purpose of authorizing and empowering the County Commissioners of Cecil
County from time to time, to borrow not more than $12,000,000 in order to
finance the cost of certain public facilities in Cecil County and to effect that
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 the bonds by Cecil County.
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That, as used in this Act, the term "County" means that body politic
and corporate of the State of Maryland known as the County Commissioners of Cecil
County; and the term "public facilities" means the costs of alteration, construction,
reconstruction, enlargement, expansion, extension, improvement, replacement,
rehabilitation, renovation, upgrading and repair, and related costs for architectural,
financial, legal, planning, designing, or engineering services, for public capital
projects in Cecil County, including any finance charges or interest prior to or during
such financing and any other costs or expenditures incurred by the County in
connection with the 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 public facilities described in
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