New Carrollton                                  2283

annually unless of shorter duration, then at the maturity of said obliga-
tion, and the Treasurer of the Town is charged with the custody of any
monies received from the sale of said notes, bonds, or certificates of indebt-
edness as above mentioned. The Treasurer of said Town shall be charged
with the prompt collection of the monies arising from sidewalks, curbs,
gutters, streets, alleys, and drainage improvements, and shall be charged
with the safekeeping thereof and the said funds shall be kept as a separate
account and fund in such bank or banks as the Mayor and Council may
designate, and no part thereof shall ever be used for any other purpose
than to liquidate the notes, bonds, or certificates of indebtedness and pay
the interest thereon, issued for the costs and the necessary expenses in the
construction of sidewalks, curbs, gutters, and roadbed and street improve-
ments, including the necessary expenses incident thereto, until said notes,
bonds, or certificates of indebtedness are paid in full, after which time
any accumulated interest or premium on said notes, bonds, or certificates
of indebtedness, may be used for general municipal purposes as directed
by the Mayor and Council. The certificates, when paid, shall be cancelled
and properly kept and filed among the papers of said Town. The record
shown for certificates thus cancelled shall be entered upon a book kept
for the purpose aforesaid.]

[SECTION 16. SAME: BENEFIT ASSESSMENTS.]

[(a) Authorized. The Mayor and Council of New Carrollton shall
have the power to assess against the abutting property and collect from
the owners thereof, the cost of roadbeds, sidewalks, curbs, gutters, alleys,
and street improvements, or any or all, constructed under the provisions
of this Charter, including the costs of street and public alley intersections,
all construction costs including that for drains and culverts where neces-
sary, excavation, preparation of preliminary plans, advertising for bids
for work as well as for the sale of bonds or certificates of indebtedness,
and all costs for the preparation of ordinances pertaining to the improve-
ment of any such street, cost for verification of title, for service or mailing
of notices to owners of abutting property as required by law, cost of
preparation of assessment collection rolls to be supplied for the use of
the Treasurer of said Town, and the cost of printing bonds, provided that
before any assessment is levied hereunder, notice in writing of the pro-
posed assessment shall be sent to all owners of property against which
the assessment is proposed to be levied, naming in said notice a time and
place when and at which said owners will be heard. Said notice may be
mailed to the last known address of the owner, or served in person upon
any adult occupying the premises, or in case of vacant or unimproved
property, posted upon the premises.]

[(b) Amount: collection. The Mayor and Council of New Carrollton
shall levy against each parcel of land abutting roadbeds, sidewalks, alley,
curbs, gutters or street improvements, an assessment for a share of the
total cost of such improvements equal to the proportion thereof that the
number of feet in said parcel abutting on said improvements bears to the
total assessable frontage on the part of said street so improved. Such
assessments when made, shall constitute a tax lien upon such abutting
property and shall bear interest at a rate to be fixed by the Mayor and
Council not to exceed six per centum per annum, and the principal of such
assessment shall be payable in twenty equal semi-annual installments
from the date of said assessment, and at the time of the payment of each
of the said installments there shall be due and payable the interest on
such installment and on the balance of the principal then unpaid, and the