clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Session Laws, 1957
Volume 640, Page 363   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

Theodore R. McKeldin, Governor                    363

all assessable property within said sub-districts for which said bonds
have been issued, by the County Commissioners of Howard County
annually so long as any of said bonds are outstanding and not paid,
a tax sufficient to provide such [sum] sums, as the Commission may
deem sufficient and necessary, in conjunction with any amounts as
the Commission may estimate that it will be able to collect out of the
benefit assessments, as provided in Section 8, therefor levied by it
but not yet paid and any other 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 the said salaries and ex-
penses as aforesaid,
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 Com-
missioners shall certify to the Metropolitan Commission the whole
valuation of the assessable property within each sub-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 and principal of all serial bonds
maturing in said year, and the said salaries and expenses as afore-
said,
and after deducting all amounts in hand or in contemplation
applicable to payments of interest and principal on said bonds, and
said salaries and expenses as aforesaid,
as hereinbefore and here-
inafter in the Act provided, it shall determine the number of cents
per $100.00 necessary to raise the said amount for each such sub-
district and shall certify the same to the Board of County Commis-
sioners. The said County Commissioners in their next annual levy
shall levy said tax on all land and improvements and all other prop-
erty assessed for county tax purposes within the respective sub-
district, which tax shall be levied and collected and have the same
priority right, 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 Commission. From the money so received, together
with the amount in hand to the credit of said bond fund, the Com-
mission shall first pay all interest and principal on said bonds as it
becomes due, and the said salaries and expenses as aforesaid, and
shall then deposit the residue of said moneys in some bank or banks
in said County to the [joint] credit of [the County Commissioners
and] the Commission. The Commission is authorized to pay the in-
terest on any bonds that it may issue out of the proceeds of the sale
of said bonds, but not more than one year's interest may be so ex-
pended.

Sec. 8. And be it further enacted, That for the purpose of paying
the interest and principal of the bonds issued by said Commission as
in this Act provided for the water supply, sewerage or drainage sys-
tems to be constructed, purchased or established under this Act, the
said Commission is hereby empowered to establish [a proper and
reasonable charge for connection with said water supply, sewerage
and drainage system so to be constructed, purchased or established
as aforesaid] and to fix an annual assessment on all properties, im-
proved or unimproved, binding upon a street, road, lane, alley or
right-of-way in which a water main, sewer or drain has been built.
The said annual assessment shall be made upon the front foot basis,
and the first payment shall be made upon the front foot basis, and
the first payment shall be collected during the year in which the con-

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1957
Volume 640, Page 363   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 10, 2023
Maryland State Archives