(a)      Except for Baltimore City, a county or municipal corporation may borrow money and incur debt on its separate and individual faith and credit.

      (b)      All money borrowed or obtained by a county or municipal corporation under subsection (a) of this section shall be used by that county or municipal corporation only for the general protection and preservation of the public safety, peace, health and welfare of the State and that county or municipal corporation by providing the destitute and unemployed residents of that county or municipal corporation with:

            (1)      Assistance, food, shelter, supplies, necessities, and other relief, either alone or in conjunction and cooperation with the State or federal government; or

            (2)      Work and labor, either alone or as a part of a general State or federal government plan.