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Session Laws, 1924
Volume 568, Page 986   View pdf image (33K)
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986 LAWS OF MARYLAND. [CH. 381

reasonable charge therefor, and such plants shall shall then
be installed, maintained and operated under such rules and
regulations as the Mayor and Town Council may require.
Any violation of any of the provisions of this section shall be
a misdemeanor punishable under Section 16 of this Act.

SEC. 9. And be it further enacted That for the purpose of
paying the interest and sinking fund on that part of the bond
issue covering the cost of water and sewer connections, as pro-
vided under Section 7, the Mayor and Town Council shall
make such assessment for each of such connections as they
shall determine necessary. All of said assessment for water
or sewer connections shall be uniform throughout the said
town, subject, however, to revision annually by the Mayor and
Town Council as costs and Conditions may require. Assess-
ments for water and sewer connections shall be payable annual-
ly for a period of years co-extensive with the period of ma-
turity of the bonds out of the proceeds of which they were
constructed; provided, however, that the Mayor and Town
Council shall establish a fixed uniform charge for all water
and sewer connections, fully sufficient to cover their cost and
changeable annually, which any property owner may elect to
pay in one sum, at the time the connection is extended to his
property line by the Mayor and Town Council, instead of said
annual payments for said connection as above provided; and
provided further, that any property owner, at any time during
the life of a connection assessment, may extinguish the same
by payment in cash of an amount, which, if put at interest
at 3½ per cent compounded annually, would yield an annuity
equal to the annual connection assessment for the period for
which said assessment has yet to run. Water or sewer con-
nection assessments shall have the same priority rights, be
payable at the same time and in the same manner, be enforce-
able in the same way, and be subject to the same penalties for
non-payment, as front-foot assessments.

SEC. 10. And be it further enacted, That all sums collected
by the Mayor and Town Council for front-foot and connection
assessments levied against property for water or sewer construc-
tion, as provided under Section 6 and 9, shall be set aside as
a separate fund and designated as the Current Interest and
Sinking Fund Account, " from which fund interest shall be
paid on all outstanding bonds, and the balance, if any, trans-
ferred to the "Water Supply and Sewerage Sinking Fund Ac-
count, " as provided under Section 4. The Mayor and Town

 

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Session Laws, 1924
Volume 568, Page 986   View pdf image (33K)
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