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Constitutional Convention Commission (Committee Hearings, Testimony)
Volume 422, Page 40   View pdf image (33K)
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40

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the credit setup, it's going to have some kind of effect,

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and I agree we should have some clear appreciation of what

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change -- and I an thinking in terms of specifics, what

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change would actually come about and affect bond issues

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of Prince Georges, if all of a sudden we took the metro-

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politan area around Washington and moved it over and con-

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solidated it with the metropolitan area of Montgomery and

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then took the remainder of Prince Georges; and tied it into

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Charles County.

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It seems to me that you would get a right clear

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change in the credit in back of the bond issue, and cer-

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tainly as to whether or not you would assign it: to the

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metropolitan or to the rural division that I am speaking

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of there, or what exactly you would do with it, how you

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would handle that particular question.

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MS. RATCHFORD: I think it is an interesting

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one, but 1 doubt if it is insurmountable. It wasn't when

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Nashville and Davidson Counties were consolidated. It was

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a problem, but they handled it because the city had bonds,

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the county had bonds and now they have one government

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responsible for both bonds. It would be a tricky one,



 

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Constitutional Convention Commission (Committee Hearings, Testimony)
Volume 422, Page 40   View pdf image (33K)
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