ANNE ARUNDEL COUNTY. 495

shall cause to be levied against all assessable property within said Sanitary
District in respect of which said bonds may have been issued by the Coun-
ty Commissioners of Anne Arundel County annually so long as any of
said bonds are outstanding and not paid, a tax sufficient to provide such
sum, if any, as the Commission may deem sufficient and necessary, in con-
junction with any amounts to its credit in the current interest and sinking
fund account provided for in Section 435 of this Article plus such addi-
tional amount as the Commission may estimate that it will be able to
collect out of benefit assessments therefor levied by it but not yet paid
and any other funds then available for the purpose, to meet the interest
on said bonds as it becomes due and to pay the principal thereof as the
bonds mature, and said tax shall be determined, levied, collected and paid
over in the manner following, that is to say: At least sixty days before
the tax levying period of each year, the County Commissioners shall cer-
tify to the Sanitary Commission the whole valuation of the assessable
property within each Sanitary District. The Commission shall then de-
termine in the manner above prescribed the amount which it deems neces-
sary to be raised during the ensuing year for the payment of interest and
the proportionate part of principal of all outstanding bonds and the
amount to be paid into the sinking fund for 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 or in contemplation applicable to payments of interest and principal
on said bonds as hereinbefore and hereinafter in the Act provided, it shall
determine the number of cents per $100.00 necessary to raise the said
amount for each Sanitary District, and shall certify the same to the Board
of County Commissioners. The said County Commissioners in their next
annual levy shall levy said tax on all land and improvements and all other
property assessed for county tax purposes within the respective Sanitary
Districts, which tax shall be levied and collected and have the same prior-
ity right, 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 Commis-
sion. From the money so received, together with the amount in hand to
the credit of said bond fund, the Commission shall first pay all interest on
said bond as it matures, and shall then deposit the residue of said moneys
in some bank or banks in said county to the joint credit of the County
Commissioners and the Commission, as a joint fund to be known as the
"Sinking Fund Account," which shall be retained and utilized for pay-
ment of the principal of said bonds as they respectively mature. The
Commission and the County Commissioners shall, from time to time, in-
vest said sinking fund in any bond or bonds in which savings or trust
funds are authorized to be invested by national banks by the U. S. Treas-
ury Department. Should receipts from said tax or other sources be in-
adequate to deposit the year's sinking fund increment on said bonds, by
reason of default or otherwise, such deficiency may be added to and col-