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Session Laws, 1933 (Special Session)
Volume 578, Page 126   View pdf image (33K)
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126 LAWS OF MARYLAND. [CH. 27

sufficient to meet the interest on said notes, certificates of
indebtedness or bonds as it becomes due, the principal
thereof when and as they mature, and to pay the
entire cost of all necessary expenses of each district
to carry into effect the provisions of this Act and the
entire cost of repairing and keeping in repair the erosion
prevention works constructed in each district. The said
County Commissioners, acting as District Council for each
district, shall, each year prior to its annual levy, determine
the number of cents per hundred dollars necessary to raise
the amount of money so required, and each year, in its an-
nual levy, shall levy the tax above mentioned until all of
said notes, certificates of indebtedness or bonds, and the
interest thereon, and all other indebtedness incurred in
carrying into effect the provisions of this Act, shall have
been paid. Thereafter, it shall levy a tax sufficient only to
keep in repair said erosion prevention works.

Said tax shall be levied and collected as county taxes now
are, or may hereafter be, by law levied and collected, and
shall have the same priority rights, bear the same interest
and penalties and in every respect be treated the same as
county taxes. The taxes so levied shall be collected by the
taxing authority of Anne Arundel County and every sixty
days he shall remit the whole amount of taxes so collected
from each district to the County Commissioners, acting as
District Council for such district. The money so received
shall be deposited in such bank or banks in Anne Arundel
County as the County Commissioners shall determine, to
the credit of said county Commissioners as district council
for the district from which said moneys were collected, at
the rate of interest paid for county funds. Out of the bene-
fit charges and taxes so collected, said County Commission-
ers, acting as District Council for the district paying said
benefit charges and taxes, shall first pay the interest on
the notes, certificates of indebtedness or bonds issued for
the benefit of said district, as it matures, and such notes,
certificates of indebtedness or bonds when and as they ma-
ture. Out of the remaining money so collected by taxes, the
County Commissioners shall then pay all other indebted-
ness incurred in carrying out the provisions of this Act and
the cost of keeping in repair the erosion prevention works
in such district.

Should receipts from said benefit charges and taxes for
any district be inadequate to meet said payments in any
year by reason of default or otherwise, such deficiency
shall be added to the next year's tax levy for such district

 

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Session Laws, 1933 (Special Session)
Volume 578, Page 126   View pdf image (33K)
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