1070                             Laws of Maryland                       Ch. 468

ment by the County Council or the County Commissioners shall be
signed on each of such notes and/or certificates of indebtedness on
behalf of each county by the County Executive or the secretary or
clerk of [the county council or] the Board of County Commissioners
or by any officer designated for such purpose by the County [coun-
cil] Executive or the Board of County Commissioners, within
twenty days after the notes and/or certificates of indebtedness are
presented by the Commission for the signing of such endorsement.
In the event of any liability under the above guaranty, such liability
for each county shall be in such proportion as the assessable basis
of that part of either county within the sanitary district bears to
the assessable basis of the whole of such district.

(e) The County [council] Executive of Montgomery County or
the Board of County Commissioners of Prince George's County
may at any time in person or by either of their duly authorized
agents, audit and examine the books and records of the Commission;
provided, however, that such audit or examination shall be without
cost to the Commission.

71-15 (83-67).

(a) For the purpose of retiring the bonds and notes authorized
to be issued by this Article and the payment of the interest thereon,
there shall be levied against all the assessable property within such
sanitary district, by the County Council and County Commissioners
of Montgomery and Prince George's Counties, respectively, annually,
so long as any of such bonds or notes are outstanding and not paid,
a tax sufficient to meet the interest on such bonds and notes as it
becomes due, and to pay the principal thereof as they mature, such
tax to be determined, levied, collected and paid over in the following
manner: At least thirty days before the tax levying period of each
year, the respective County [council] Executive and County Commis-
sioners shall certify to the Sanitary Commission the whole valuation
of assessable property within the sanitary district. Such Sanitary
Commission shall then determine the amount necessary to be raised
for the ensuing year for the payment of interest on all outstanding
bonds and notes, the principal of all serial bonds and of all notes
maturing in such year and the proportionate part of principal of all
outstanding sinking fund bonds, the amount to be paid on the prin-
cipal of such sinking fund bonds in any one year to be determined
by the usual table of redemption of bonds by annual deposit in a
sinking fund on interest; and after deducting all amounts in hand
applicable to payment of interest and principal on such bonds and
notes, as hereinafter provided, it shall determine the number of cents
per one hundred dollars necessary to raise such amount and shall so
certify to both the County Council and the Board of County Com-
missioners. The County Council and County Commissioners in their
next annual levy shall levy such tax on all land and improvements
and any other property assessed for county tax purposes within
such sanitary district, which tax shall be levied and collected as
county taxes now are or may be hereafter by law levied and collected,
and have the same priority rights, bear the same interest and
penalties and in every respect be treated the same as county taxes.
The tax so levied, for the ensuing year shall be collected by the
respective tax collecting authorities, and every sixty days they shall
remit the whole amount of tax collected to such Sanitary Commission.
From the money so received, together with the amount in hand to the