Carroll County authorizes issuance of bonds for public facilities and volunteer fire departments.
Carroll County is authorized to issue general obligation bonds to fund public facilities, including water and sewer projects, and to make loans to volunteer fire departments for fire or emergency-related equipment and buildings. The bonds can be issued in registered form and are exempt from state and local taxes. The County can also issue installment purchase obligations for acquiring easements to preserve agricultural land and woodland. The bonds are backed by the County's full faith and credit and unlimited taxing power.
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