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Session Laws, 2003
Volume 799, Page 3596   View pdf image
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H.B. 368                                                 VETOES

65-4.

If in any year the majority of the said Drummond Citizens' Committee shall
decide the sum hereinbefore authorized to be taxed and levied is in excess of the
amount required for the ensuing year, then and in that event, the said committee
may, on or before April 15 of any year, notify in writing the county council of
Montgomery County to make a reduction in the said levy of [thirty-five cents
($0.35)] FOURTEEN CENTS ($0.14) on each one hundred dollars ($100.00) of assessable
[property value] VALUE OF REAL PROPERTY OTHER THAN OPERATING REAL
PROPERTY OF A PUBLIC UTILITY AND THIRTY-FIVE CENTS ($0.35) ON EACH ONE
HUNDRED DOLLARS ($100.00) OF ASSESSABLE VALUE OF PERSONAL PROPERTY AND
OPERATING REAL PROPERTY OF A PUBLIC UTILITY, as hereinbefore provided for, the
amount of said reduction be determined by the said committee and specified in the
said notification to the county council; and upon receipt of such notification, the board
of county council of Montgomery County is authorized, empowered and directed to
make a levy less than the said FOURTEEN CENTS ($0.14) OR thirty-five cents ($0.35)
in the amount determined and specified by the said committee.

65-6.

(d) For the purpose of making the improvements provided for in this section,
the said Drummond Citizens' Committee is hereby authorized and empowered to
borrow money and otherwise contract indebtedness and obligate said Village of
Drummond in an amount not exceeding at any time THE SUM OF [ten (10)] FOUR (4)
per centum of the assessed valuation of the real property OTHER THAN OPERATING
REAL PROPERTY OF A PUBLIC UTILITY AND TEN (10) PER CENTUM OF THE ASSESSED
VALUATION OF THE OPERATING REAL PROPERTY OF A PUBLIC UTILITY within said
village, and for this purpose said Village of Drummond shall be and hereby is
constituted a corporation, and the said Drummond Citizens' Committee is empowered
to act for said corporation; provided, that should there be default on bonds or other
indebtedness incurred by the said citizens' committee of the said Village of
Drummond for the said village, it shall be the duty of the county council of
Montgomery County to levy or have levied special general taxes against the real
property of said Village of Drummond to the extent only that such default bonds or
incurred indebtedness shall be liquidated.

66-2.

The county council for Montgomery County shall levy and cause to be collected
from the property owners at the time of the county tax levy, for the year commencing
July 1, 1914, and ending June 30, 1915, and each succeeding year, within the Village
of Friendship Heights, as named and created by this chapter, the rate, not less than
[ten cents ($0.10)] FOUR CENTS ($0.04) nor more than [fifty cents ($0.50)] TWENTY
CENTS ($0.20) on each one hundred dollars ($100.00) of the assessable value of the
[real and personal property] REAL PROPERTY OTHER THAN OPERATING REAL
PROPERTY OF A PUBLIC UTILITY AND NOT LESS THAN TEN CENTS ($0.10) NOR MORE
THAN FIFTY CENTS ($0.50) ON EACH ONE HUNDRED DOLLARS ($100.00) OF THE
ASSESSABLE VALUE OF PERSONAL PROPERTY AND OPERATING REAL PROPERTY OF A
PUBLIC UTILITY in the villages, which is specified to it on or before June 1 by the
village council after public hearing held thereon by the village council, to be collected

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Session Laws, 2003
Volume 799, Page 3596   View pdf image
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