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Session Laws, 1939
Volume 581, Page 213   View pdf image (33K)
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HERBERT R. O'CONOR, GOVERNOR. 213

maintenance, and operation of parks, playgrounds, and com-
munity centers, and the installation of recreational facilities
therein, any remaining proceeds of the bond issue hereby au-
thorized which may not be required for the construction of the
said Kensington Parkway as aforesaid.

SEC. 5. And be it further enacted, That for the purpose of
paying the interest on said bonds, and for redeeming the said
bonds as they mature, the said Board of County Commissioners
of Montgomery County shall, for the year of the issuance
thereof and annually thereafter until all of said bonds issued
under the authority of this Act shall mature and be redeemed,
levy a tax upon the assessable property in that portion of the
Maryland-Washington Metropolitan District in Montgomery
County sufficient to pay the annual interest on said bonds
outstanding, and to redeem said bonds as they mature and
become due, said taxes to be collected as other taxes levied
in said County are collected; provided, however, that if, for
any reason, in any year, during which any bonds issued
under the authority of this Act shall remain outstanding, the
proceeds of the said levy within the Maryland-Washington
Metropolitan District in Montgomery County, authorized and
directed by this section, shall be insufficient to pay the interest
and/or to redeem the bonds, as the case may be, in that year,
then and in that event the Board of County Commissioners of
Montgomery County are hereby authorized, directed, and em-
powered to levy generally upon the assessable property in
said County an amount sufficient to make up the said deficit,
either in principal or interest, respectively.

SEC. 6. And be it further enacted, That this Act is hereby
declared to be an emergency law and necessary for the im-
mediate preservation of the public health and safety, and being
passed upon a yea and nay vote, supported by three-fifths of
all of the members of the two Houses of the General Assembly,
the same shall take effect from the date of its passage.

Approved May 17, 1939.

CHAPTER 134.
(House Bill 301)

AN ACT to authorize and empower the Board of County Com-
missioners of Montgomery County in its discretion to borrow
on the faith and credit of the County to the amount of


 

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Session Laws, 1939
Volume 581, Page 213   View pdf image (33K)
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