3138 ARTICLE 14.

of property may, at his option, within one year from the time said front
foot assessment or benefit charge is levied extinguish the same by the
payment in cash, in one sum, of the proportion of the estimated cost of the
project, of which the construction abutting upon his property is a part,
represented by the number of front feet which is assessed, with interest at
the rate of six per cent, per annum from the date of said levy, less any
annual payment that may have been made thereon. The Mayor and
Council, however, in estimating said cost for the purpose of extinguish-
ment may add thereto a reasonable margin to protect itself against possible
changes in the cost of construction and loss of interest. All sums received
under such plan of extinguishment shall be preserved intact by said
Mayor and Council, less the payment of the proportion of interest and
sinking fund properly chargeable to the amount so received, and used for
future construction; and provided further, that any property owner, whose
property is classified under business or industrial, or subdivision, may, at
his option, at any time during the life of said assessment extinguish the
same by payment in cash of an amount, which, if put at interest at 3 1/2
per cent., compounded annually, would yield an annuity equal to the
annual assessment for the period for which saiid assessment has yet to run.
The Mayor and Council shall at any time permit a connection with a
water main or sewer by a property owner whose property does not abut
on said waiter main or sewer and who has not previously thereto paid an
assessment for the construction of said water main or sewer, provided the
said Mayor and Council shall first detemine the classification of said
property, and a front foot charge to be paid by said property owner, as
though his property abutted on said water main or sewer; and in the
event of such connection being made, said property owner and said prop-
erty, as to all charges, rates and assessments, shall in every respect stand
in the same position as if the said property abutted upon a water main

or sewer. The annual assessments as above specified shall be a first lien
upon the property against which they are assessed, subject only to prior
State, county and municipal charges, and shall be enforced by at judgment
upon complaint of the authorities of Sykesville before any justice of the
peace or the Circuit Court of Carroll County, and usual execution thereon.
No such annual assessment shall continue as a lien for a period longer
than two years from the date from which the same became in default,
unless it is reduced to a judgment and duly recorded among the records
at the office of the clerk of Carroll County. Said assessments shall be

payable at the office of the Mayor and Council immediately upon being
levied, and shall be in default after 60 days from the date; and said levy,
and any judgment obtained as a result of the default after 60 days from
that date; and said levy, and any judgment obtained as a result of the
default of the payment thereof, shall bear interest at the rate of 1 per
cent, a month from and after the time said levy is in default.

1922, ch. 469, sec. 7.

338. Said Mayor and Council shall provide for each and every prop-
erty abutting upon a street or right-of-way in which, under this Act, a