Sec. 20-50. Adoption of resolution.
Montgomery County, Md., Code § 20-50 (2026)
Sec. 20-50. Adoption of resolution.LinkCopy Citation
(a)
The county council must adopt a resolution to authorize the issuance of revenue bonds.
(b)
The resolution must specify:
(1)
The project to be financed in whole or in part by the revenue bonds; and
(2)
The maximum principal amount of revenue bonds that may be issued for the project.