ROBERT L. EHRLICH, JR., Governor                               Ch. 43

(B) A CODE COUNTY IN THE WESTERN MARYLAND CLASS SHALL PROVIDE A
COPY OF ANY AUDITS PERFORMED ANNUALLY RELATING TO THE HOTEL RENTAL
TAX TO THE COUNTY SENATE AND HOUSE DELEGATIONS OF THE GENERAL
ASSEMBLY.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
July 1, 2003.

Approved April 8, 2003.

CHAPTER 43
(House Bill 591)

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 $11,500,000 in order to
finance the cost of the construction and improvement 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 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 "construction and improvement of public facilities" means the
alteration, construction, reconstruction, enlargement, expansion, extension,
improvement, replacement, rehabilitation, renovation, upgrading and repair, and
related 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
Section 1 of this Act, and to borrow money and incur indebtedness for that purpose, at

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