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Session Laws, 1970
Volume 695, Page 1647   View pdf image
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Marvin Mandel, Governor                        1647

shall be placed in a special fund by the County Treasurer, and shall
be paid out by him only on warrants from the County Commission-
ers, which warrants shall be issued only upon proper vouchers
presented by the County Board of Education for Charles County
for the purposes mentioned in Section 1 of this Act.

Sec. 5. And be it further enacted, That for the purpose of pay-
ing the principal and interest on any bonds issued hereunder, as
they mature, the County Commissioners of Charles County are here-
by authorized to provide by proper resolution for the pledging of
all monies, or so much thereof as may be necessary, received from
the State of Maryland under the provisions of Section 130 of Article
77 of the Annotated Code of Maryland (1969 Replacement Volume),
and any amendments thereto, providing for School Building Con-
struction Aid for school building, insofar as the funds may not have
already been pledged. In the event said funds are so pledged and
are insufficient in any one year to pay said principal and interest,
any such deficiency shall be made up under the full taxing power
hereinafter provided for in this section. For the purpose of paying
the principal and interest on said bonds, or so much thereof as may
not be provided for by said Incentive Fund if so pledged, the County
Commissioners of Charles County are hereby authorized, empowered
and directed to levy in each year so long as any of said bonds are
outstanding and unpaid, an ad valorem tax on all property subject
to taxation within Charles County, sufficient in rate and amount
to pay the interest payable in said year on all outstanding bonds and
the principal of all bonds maturing in said year, the proceeds of said
tax to be kept in a special fund and in no case to be used for any
other purpose. In case such bonds shall be issued in any year after
the making of the regular levy for that year, then the County Com-
missioners of Charles County are empowered, authorized and di-
rected to pay any and all interest becoming due before the next
levy, out of any other funds at their disposal, and to levy at the
next succeeding levy an amount sufficient to reimburse such other
funds.

SEC. 6. And be it further enacted, That this Act shall take effect

July 1, 1970.

SEC. 6. AND BE IT FURTHER ENACTED, THAT BEFORE
THIS ACT BECOMES EFFECTIVE, IT SHALL FIRST BE SUB-
MITTED TO A REFERENDUM OF THE LEGALLY QUALIFIED
VOTERS OF CHARLES COUNTY AT THE GENERAL ELEC-
TION TO BE HELD IN CHARLES COUNTY ON THE TUESDAY
AFTER THE FIRST MONDAY IN THE MONTH OF NOVEM-
BER, 1970. THERE SHALL BE PRINTED ON THE BALLOTS
OR BALLOT LABELS TO BE USED FOR THE REFERENDUM
A FULL OR AN ABBREVIATED VERSION OF THE TITLE OF
THIS ACT AND UNDERNEATH OR OPPOSITE THE TITLE
A SQUARE OR BOX WITH THE WORDS "FOR MIDDLE
SCHOOL BONDS" AND A CORRESPONDING SQUARE OR BOX
WITH THE WORDS "AGAINST MIDDLE SCHOOL BONDS" SO
THAT ANY QUALIFIED VOTER OF THE COUNTY MAY
DESIGNATE HIS VOTE FOR OR AGAINST THE PROVISIONS
OF THIS ACT. THE BOARD OF SUPERVISORS OF ELECTIONS,
THE BOARD OF COUNTY COMMISSIONERS AND ALL OTHER

 

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Session Laws, 1970
Volume 695, Page 1647   View pdf image
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