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Session Laws, 2000
Volume 797, Page 3163   View pdf image
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Ch. 601
PARRIS N. GLENDENING, Governor
(ii) any facilities and properties within the definition of "Solid
Waste Project", set forth in this subsection, whether or not such facilities or properties
can be financed by bonds the interest on which is tax exempt under the Internal
Revenue Code of 1986, as amended. It is the purpose and intent of this [subtitle]
TITLE that "Solid Waste Project" be liberally construed so as to effectuate the
purposes of this [subtitle] TITLE. (5) "Solid Waste Project" includes land, buildings, structures, machinery,
equipment, rail or motor vehicles, barges, boats, and all properties and rights therein
and appurtenances thereof, rights-of-way, franchises, easements and other interests
in land, all land and facilities which are functionally related and subordinate to a
solid waste project and all patents, licenses and other rights necessary or useful in the
construction or operation of a Solid Waste Project. (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,
agricultural, industrial, or community activities. [15A-2.] 12-102. Solid waste projects allowed. 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] THE entities shall acquire, construct, operate or
maintain solid waste projects for the County. [15A-3.] 12-103. Bond authorization. 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] THE 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.
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Session Laws, 2000
Volume 797, Page 3163   View pdf image
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