To authorize Montgomery County, Maryland (the “County”) pursuant to and in accordance with Chapter 20 of the Montgomery County Code, as amended, and Section 10-203(b) of the Local Government Article of the Annotated Code of Maryland (2013 Replacement Volume and 2025 Supplement) to issue and sell obligations of the County in an amount not to exceed $139,000,000 at one time or from time to time, in one or more series, as limited taxable obligation certificates subject to annual appropriation and not upon the faith and credit of the County, in order to provide funding for the acquisition and/or renovation of properties for the purpose of preserving or increasing the inventory of affordable housing in the County; to provide that the County Executive of the County (the “County Executive”) may provide for the date of maturity, fix the rate or rates of interest and provide the manner in which such rates are determined, fix the denomination and provide for the manner of sale of such obligation
