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Session Laws, 1953
Volume 606, Page 668   View pdf image (33K)
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668 LAWS OF MARYLAND [CH. 356

122, or any amendment thereof or any section enacted in
lieu thereof.

SEC. 2. And be it further enacted, That the proceeds of
said bonds shall be used for the purpose of enlarging, in-
creasing and augmenting the water supply of the area
served by said Commission, including the construction or
enlargement of any impounding reservoir, filter plant,
filtered water storage structure, or pumping station, and
all the necessary pipe lines and accessories appurtenant
thereto, and the construction of major supply lines and
reinforcing mains.

SEC. 3. And be it further enacted, That for the purpose
of retiring bonds authorized to be issued by this Act, and
payment of the interest thereon, there shall be levied
against all of the assessable property within the Sanitary
District, by the County Council and by the County Com-
missioners of Montgomery and Prince George's Counties,
annually so long as said bonds are outstanding and not paid,
a tax sufficient to meet the interest on said bonds, and to
pay the principal thereof as the said principal and interest
mature or become due; said tax shall be determined, levied,
collected and paid over to said Commission in the manner
provided by Section 6 of said Chapter 122, or any amend-
ment thereof, and all of the provisions of said Section 6
shall apply to the bonds issued hereunder.

SEC. 4. And be it further enacted, That said Commission
shall annually determine the amount necessary to meet the
principal and interest requirements of said bonds, and shall
annually fix the water service charge of said District at
such a sum as to produce, in addition to the costs of said
service, and the requirements of any other bonds issued
and outstanding, the annual requirements of which are to
be paid out of said water service, the amount determined as
necessary to pay the annual requirements of the bonds
hereby authorized. The sum so collected annually from
water service charges shall be deducted from the amount
which the Commission has determined to be necessary to be
raised by direct taxation upon certification to the County
Council and to the County Commissioners of said counties.

SEC. 5. And be it further enacted, That any guarantee
of any water supply bonds heretofore made by the County
Council of Montgomery County and the County Commis-
sioners of Prince George's County be and the same is hereby
ratified and confirmed.


 

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Session Laws, 1953
Volume 606, Page 668   View pdf image (33K)
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