THEODORE R. MCKELDIN, GOVERNOR 129

(C) All moneys collected by the [County Treasurer]
Department of Finance from such special assessments
shall be paid over to the Secretary-Treasurer, who shall
cause such funds to be used for the exclusive purpose of
paying for the assessable improvements for which the
assessments were levied, or for any expenditures which
may be incurred in connection therewith.

(D) Any moneys collected from such special assess-
ments (exclusive of interest upon unpaid installments or
other interest and penalties for late payment) which shall
turn out to be in excess of the actual costs of the assess-
able improvement shall be refunded, pro-rata, by the Sec-
retary-Treasurer to the owners of record (at the time of
refund) of the assessable shares as soon as practicable
after all bills for the assessable improvements are paid;
this sub-section is intended specifically to apply retroac-
tively to the balances presently held by the Council from
the assessable improvements carried out in 1938 and 1939.
Interest upon the unpaid installments from assessable im-
provements (and interest and penalties for late payment)
shall be applied first to cover interest charges on indebted-
ness for which Chevy Chase View may become obligated,
in accordance with Section 123 of this sub-chapter, to
finance the assessable improvement, and any balance there-
after remaining shall be covered into the general funds
of Chevy Chase View, by resolution of Council, and be-
come available for any expenditures authorized in Section
121 of this sub-chapter.

120.

(A) Before any special assessment as provided for in
Section 118 of this sub-title may be imposed, the Council
shall first obtain the approval of the County [Commis-
sioners] Council for the improvement sought to be car-
ried out. Further, before any such special assessment may
be imposed, and before any indebtedness or obligation
may be incurred or contract for work entered into, as pro-
vided for in Section 119 of this sub-title, the Council shall
hold a public hearing on the proposed assessable improve-
ment and shall mail notice of such hearing to the owners
of record of the property abutting the proposed assess-
able improvement and shall advertise such notice at least
once each week for two successive weeks in a newspaper
of general circulation in Montgomery County, the last in-
sertion of such advertisement being not less than ten days
in advance of such hearing.

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