1348 LAWS OF MARYLAND. [CH. 769

with respect to the retirement by redemption of the bonds of
Series B hereby authorized, and all provisions in said Section
5 providing for the setting aside of a portion of the water
rents collected by said Municipal Utilities Commission for the
purpose of creating a sinking fund for the retirement of said
Series B bonds issued pursuant to said Chapter 32 shall be ap-
plicable to the bonds of Series B hereby authorized. There-
after, the provisions of sub-section (b) of Section 5 of said
Chapter 32 shall be construed to apply with equal force to the
bonds of Series B authorized to be issued hereby as well as to
the bonds of Series A issued and now outstanding pursuant
to the authority of said Chapter 32, so that thereafter the de-
posits required to be made in the "Refunding Bond Principal
and Interest Account", provided for in said sub-section (b)
of Section 5 of said Chapter 32, shall be sufficient to meet not
only the maturing principal and interest installments on said
bonds of Series A issued pursuant to said Chapter 32, but also
interest instalments maturing on the bonds of Series B hereby
authorized.

SEC. 5. And be it further enacted, That in the event the
revenues from the operations of the Havre de Grace Water
Plant are not sufficient in any fiscal year to meet the pay-
ments due on account of principal and interest of said Series
A bonds issued pursuant to the authority of said Chapter 32,
and on account of interest on said bonds of Series B hereby
authorized, then and in that event, the Mayor and City Coun-
cil of Havre de Grace shall make up such deficiency in said
fiscal year out of its general funds, and in the next succeeding
fiscal year the Mayor and City Council of Havre de Grace
shall levy a tax upon all property within the corporate limits
of said municipality, subject to assessment for taxation, suffi-
cient in amount to provide a fund to reimburse said muni-
cipality for the amount allocated from its general funds to
make up such deficit, and if another deficit shall occur in the
fiscal year in which said tax is levied, then the Mayor and
City Council of Havre de Grace shall continue to levy the tax
or taxes herein provided for sufficient in amount to provide
a sum or sums which, together with so much of said earnings
derived from said water plant as may be allocated by said
Municipal Utilities Commission to said principal and interest
payments, shall be sufficient to provide ample funds for the
principal and interest maturities then due on said bonds, and
the Mayor and City Council of Havre de Grace shall continue
to levy such tax or taxes until the funds allocated by said
Municipal Utilities Commission shall be sufficient in each fiscal
year to provide for the principal and interest payments due
in each such year.