If there is serious human suffering, death, personal injury, or property damage in a county because of a military or warlike catastrophe, the local governing body has the powers granted in this section. The powers in this section may be exercised only during the effective period of an official proclamation by the Governor that declares all or part of the county to be in an actual or threatened emergency area. The local governing body may borrow money or contract for materials or services on the faith and credit of the county. To pay for the money borrowed or the materials or services contracted for under subsection (b) of this section, the local governing body may issue bonds, notes, or other certificates of indebtedness on the faith and credit of the county to a person or governmental unit that lends the money or supplies the materials or services. The local governing body may set the terms, conditions, rate of interest, and provisions for repayment of the bonds, notes, or other certificates of indebtedness issued under this subsection. The local governing body may impose a special levy on taxable property in the county in an amount sufficient to: pay for the money borrowed or the materials and services contracted for under subsection (b) of this section; and make all payments of principal and interest on the bonds, notes, or other certificates of indebtedness issued under subsection (c) of this section that are outstanding. Money, materials, or services obtained under subsection (b) of this section may be secured, expended, or used in cooperation with other governmental units on a matching basis or otherwise as determined by the local governing body. Any legal restrictions or delaying procedures are waived and may be disregarded by the local governing body as to: the purchase, lease, or rental of materials and equipment; the securing and hiring of personal services; the face value of notes, bonds, or other certificates of indebtedness that may be issued and outstanding; or the rate of taxation that may be imposed.