1424                              LAWS OF MARYLAND                       [CH. 870

proposed to be provided in its County and, the terms and provisions
of the contract or agreement. AND THE ALLOCATION BETWEEN
THE COUNTIES OF THE OBLIGATIONS CREATED BY SUCH
CONTRACT OR AGREEMENT. The failure of one of said Counties
to grant such approval shall not preclude the District from entering
into such a contract or agreement for transit facilities and service
to be provided to the other of the said Counties, if said County
grants the required approvals. THE PROVISIONS OF SECTION
8 HEREOF TO THE CONTRARY NOTWITHSTANDING, THE
COMMISSION MAY AUTHORIZE SUCH A CONTRACT OR AR-
RANGEMENT AGREEMENT UPON THE UNANIMOUS AP-
PROVAL OF THE THREE COMMISSIONERS APPOINTED
FROM THE COUNTY GRANTING THE REQUISITE AP-
PROVALS AND SAID THREE COMMISSIONERS SHALL CON-
STITUTE A QUORUM OF THE COMMISSION FOR THE PUR-
POSES OF CONSIDERING SUCH A CONTRACT OR AGREE-
MENT.

(b) The Commission DISTRICT is authorized and empowered
from time to time to enter into contracts or agreements, as set forth
in paragraph (a) of this Section 12, in such amounts as it may deem
necessary to provide transit facilities and service to the District,
but the aggregate obligations under such contracts or agreements
which may be outstanding at any one time shall not exceed such per
centum of the total assessable basis of all property assessed for
county taxation purposes within the District as shall be specified
by further law. The District shall not enter into any such contracts
or agreements until such further legislation is enacted.

13. Guarantee by Counties of Obligations of District

The obligations imposed upon the District by the contracts or
agreements provided for in Section 12 (a) hereof shall be guaran-
teed by Montgomery and Prince George's Counties in the the ratio that

the cost of transit facilities located in each County bears to the total
cost of transit facilities located in both counties THE PROPOR-

TIONS AGREED TO IN THE ALLOCATIONS APPROVED
UNDER PARAGRAPH (A) OF SECTION 12. The guarantee
shall be made by resolution of the County Council of Montgomery
County and of the Board of County Commissioners of Prince
George's County and shall be evidenced by the endorsement of the
guarantee on the face of the contract or agreement, said endorse-
ment to be signed on behalf of each County by the Secretary or
Clerk of the County Council or Board of County Commissioners, or
by any officer designated for such purpose by the County Council
or the Board of County Commissioners.

14. Levy of Taxes

(a) For the purposes of (1) meeting the liability of the Dis-
trict, if any, under the contracts or agreements provided for in
Section 12 (a) hereof, (2) retiring Revenue Anticipation Notes,
authorized to be issued by Section 16 herein, and the payment of
interest thereon, and (3) providing funds for the administrative and
other expenses and obligations of the District, there shall be levied
against all the assessable property within the District, by the County
Council and Board of County Commissioners of Montgomery and
Prince George's Counties, respectively, annually, a tax sufficient to