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Session Laws, 1933 Session
Volume 421, Page 169   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 169

Section 429A. That the provisions of Chapter 313 of
the Acts of the General Assembly of Maryland, passed at
its January session in the year 1931, with respect to the
payment of the principal and interest of the bonds issued
by the Anne Arundel County Sanitary Commission pur-
suant to the provisions of said Act and the liability therefor
of the County Commissioners of Anne Arundel County shall
include and apply to all bonds of the Anne Arundel County
Sanitary Commission whether issued under the provisions
of Chapter 313 of the Acts of 1931 or under the provisions
of any of the Acts of the General Assembly of Maryland
prior thereto, creating said Anne Arundel County Sanitary
Commission or authorizing it to issue its bonds, guaranteed
as to payment of principal and interest by Anne Arundel
County so that all of said bonds so issued by said Anne
Arundel County Sanitary Commission and now outstand-
ing, bearing the guaranty of Anne Arundel County in the
manner provided in any of said Acts shall be deemed to
have been issued upon the faith and credit of Anne Arundel
County and all the taxable property in Anne Arundel
County shall be liable to assessment to provide funds for
the payment of the interest thereon and for the principal
thereof when due, in exactly the same manner as if said
bonds had all been issued by the Anne Arundel County
Sanitary Commission pursuant to the provisions of said
Chapter 313 of the Acts of 1931.

Section 430. For the purpose of retiring the bonds au-
thorized by this Act to be issued and of paying the interest
thereon, or in connection with the water supply or the
water, drainage or sewerage system therein, the Commis-
sion shall cause to be levied against all assessable property
within said sanitary districts in respect of which said bonds
may have been issued by the County 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 conjunction with any amounts to its
credit in the current interest and sinking fund account pro-
vided for in Section 436 of this sub-title plus such addi-
tional amount as the Commission may estimate that it will
be able to collect out of the 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, col-
lected and paid over in the manner following; that is to

 

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Session Laws, 1933 Session
Volume 421, Page 169   View pdf image (33K)
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