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Session Laws, 1927
Volume 569, Page 1571   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 1571

and the payment of interest thereon, the County Commission-
ers of Montgomery County are hereby authorized and directed
to levy against all the assessable property within the said
Montgomery County Suburban District, beginning with the
next annual levy and continuing annually thereafter, on each
$100.00 of such assessable property, such sum or sums as may
be necessary to pay the interest on the bonds issued in pursu-
ance of the authority granted in Section 4 hereof and to retire
the same at maturity. And the County Commissioners are
further authorized to levy against all the assessable property
within the said Montgomery County Suburban District begin-
ning with the next annual levy and continue annually there-
after, the sum of not exceeding 30 cents on each $100.00 of
such assessable property. The levies herein authorized shall
be upon all property, both real and personal, assessed for Coun-
ty tax purposes within the said District and shall be levied and
collected as other County taxes are now or may hereafter be,
by law, levied and collected, and have the same priority rights,
bear the same interest and penalties and in every respect be
treated the same as other County taxes.

The moneys collected through such tax as shall not exceed
30 cents on each $100:00 of assessable property shall be divided
and allocated by the County Commissioners into and among
the following items:

(1) Administrative expenses under this Act, to be known
as the Administrative Fund.

(2) Expenses of road maintenance, to be known as the Road
Maintenance Fund.

(3) Expenses of street lighting, to be known as the Street
Lighting Fund.

(4) Miscellaneous Expenses to be known as the Miscellan-
eous Fund.

The method and proportion of the division and allocation
of moneys among these several funds, shall be determined by
the County Commissioners in the exercise of their best judg-
ment and discretion, provided that all moneys collected shall
be expended (except the amounts needed for administrative
purposes) within the Commissioner District where the prop-
erty upon which said taxes are collected is located.

SEC. T. And be it further enacted, That for the perform-
ance of the duty of maintaining daily office hours as required

 

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Session Laws, 1927
Volume 569, Page 1571   View pdf image (33K)
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