PRINCE GEORGE'S COUNTY. 3977

rented by said Commission to them for endorsement, provided, however,
that in the event that the seven cent (7c) tax provided for in Section 593

of this subtitle is levied and collected throughout the District the proceeds

of the sale of bonds issued under this Section shall be expended in that
portion of each County within the District in such proportion as the
assessable basis of such portion of either County bears to the assessable
basis of the whole of said District; and provided further that in the event
that the seven cent (7c) tax provided for in Section 593 of this subtitle
is levied and collected only throughout Montgomery County the proceeds
of the sale of bonds issued under this Section shall be expended within
that portion of the District within Montgomery County and upon the
recommendation of the members of the Commission from Montgomery

County.

1927, ch. 448, sec. 9. 1929, ch. 286, sec. 9.

728. For the purpose of retiring the bonds authorized to be issued by
this Act and the payment of interest thereon, there shall be levied against
all assessable property within that portion of the district located in Mont-
gomery County by the County Commissioners of Montgomery County,

annually, a tax sufficient to pay the interest on said bonds as it becomes
due and to pay the principal thereof as they mature, such tax in any one
year not to exceed seven (7c.) cents upon each one hundred dollars ($100)
of assessed valuation of the assessable property within that portion of the
district located in Montgomery County. Said tax shall be determined,
levied, collected and paid over in the following manner: at least thirty
days before the tax levying period of each year, the County Commis-
sioners of Montgomery County shall certify to the Commission the whole
valuation of assessable property within that portion of the district located
within Montgomery County. Said Commission shall then determine the
amount necessary to be raised for the ensuing year for the payment of
interest and proportionate part of principal of outstanding bonds, the

amount to be paid on the principal of said 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 payments of interest and principal on said bonds, as herein-
after provided, it shall determine the number of cents per one hundred

dollars necessary to raise the said amount and shall so certify to said
Board of County Commissioners. The said County Commissioners in
their next annual levy shall levy said tax on all land and improvements
and any other property assessed for county tax purposes in Montgomery
County within said District, which tax shall be 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 tax collecting authorities and
every sixty days they shall remit the whole amount of the tax so collected
to the said Commission. From the money so received, together with the
amount in hand to the credit of said bond fund, said Commission shall