THEODORE R. McKELDIN, GOVERNOR 1123
be issued under the signature and seal of the Commission and shall
be guaranteed as to payment of principal and interest by the County
Commissioners of Cecil County, ivhich guarantee shall be endorsed
on each of said bonds in the following language: "The payment of
interest when due and the principal at maturity is guaranteed by
Cecil County, Maryland." Such endorsement shall be signed on
each of said bonds by the President and by the Clerk of the Board
of County Commissioners of said County within ten days after the
bonds are presented by the Commission to them for endorsement.
Prior to the issuance of any such bonds the County Commissioners
are hereby authorized and directed to furnish to the Commission,
from time to time as shall be necessary, such a sum or sums as shall
be required to pay for the expenses of the organization of any newly
constituted sanitary district and to pay for the preparation of pre-
liminary plans and cost estimates for any sanitary sewerage, water
supply or drainage project, which said sums so expended shall be
repaid by the Commission out of the first available moneys derived
from the sale of the first bonds issued, if any.
399. for the purpose of retiring the bonds authorized to be
issued by this sub-title and of paying the interest thereon, the Com-
mission shall cause to be levied, against all assessable property
within said sanitary districts for which said bonds have been issued,
by the County Commissioners of Cecil County annually so long as
any of said bonds are outstanding and not paid, a tax sufficient to
provide such sum as the Commission may deem sufficient and neces-
sary, in conjunction with any amounts as the Commission may esti-
mate that it will be able to collect out of the benefit assessments
therefor levied by it but not yet paid and any further funds then
available for the purpose, to meet the interest on said bonds as it
becomes due and to pay the principal thereof as the bonds mature,
and said tax shall be determined, levied, collected and paid over in
the manner following, that is to say, at least sixty days before the
tax levying period of each year, the County Commissioners shall
certify to the Metropolitan Commission the whole valuation of the
assessable property within each sanitary district. The Commission
shall then determine in the manner above prescribed the amount
which it deems necessary to be raised during the ensuing year for
the payment of interest ON ALL OUTSTANDING BONDS and
THE principal of all serial bonds maturing in said year, and after
deducting all amounts in hand or in contemplation applicable to
payments of interest and principal on said bonds as hereinbefore
and hereinafter in the sub-title provided; it shall determine the
number of cents per $100.00 necessary to raise the said amount
for each such sanitary district and shall certify the same to the
Board of County Commissioners. The said County Commissioners
in their next annual levy shall levy said taxes on all land and im-
provements and all other property assessed for county tax pur-
poses within the respective sanitary district, which tax shall be
levied and collected and have the same priority rights, bear the
same interest and penalties and in every respect be treated the
same as county taxes. The tax so levied for the ensuing year shall
be collected by the tax collecting authorities and every sixty days
they shall remit the whole amount of the tax so collected to the Com-
mission. From the money so received, together with the amount in
hand to the credit of said bond fund, the Commission shall first pay
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