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Session Laws, 1950
Volume 587, Page 376   View pdf image (33K)
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376 LAWS OF MARYLAND [CH. 66

Council for each district, of the expenses incurred by them,
not to exceed Two Hundred Dollars each, annually, in the
inspection of the various bulkheads, and in the performance
of other duties required in the administration of the provi-
sions of this sub-title. 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 one
hundred dollars necessary to raise the amount of money so
required, and each year, in its annual levy shall levy the tax
above mentioned until all of said notes, certificates of in-
debtedness or bonds, and the interest thereon, and all other
indebtedness incurred in carrying into effect the provisions
of this sub-title, shall have been paid. Thereafter, it shall
levy a tax sufficient only to keep in repair said erosion pre-
vention works.

(b) 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 inter-
est 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 the County and every sixty days he shall
remit the whole amount of taxes so collected from each dis-
trict to the County Commissioners, acting as District Council
for such district. The money so received shall be deposited
in such bank or banks in the County as the County Commis-
sioners shall determine, to the credit of said County Com-
missioners as District Council for the district from which
said moneys were collected, at the rate of interest paid for
county funds. Out of the benefit charges and taxes so col-
lected, said County Commissioners, 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 mature. Out of the remaining money so collected
by taxes, the County Commissioners shall then pay all other
indebtedness incurred in carrying out the provisions of this
sub-title and the cost of keeping in repair the erosion pre-
vention works in such district.

(c) 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. In order
that the prompt payment of interest on such notes, certifi-
cates of indebtedness or bonds and the prompt payment of
said notes, certificates of indebtedness or bonds as they shall
mature, shall be assured, the prompt and proper performance


 

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Session Laws, 1950
Volume 587, Page 376   View pdf image (33K)
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