2184                                    MUNICIPAL CHARTERS

52. Tax levy; collection.

(b) Collection. Such taxes shall be levied for the fiscal year July 1 to June 30,
and as of the first day of July of such year as the date of finality, shall be due and
payable on and after the first day of July of such fiscal year, and shall be overdue
and in arrears on the first day of the succeeding October, and shall bear interest at
the rate of (one-half of 1 percent] ONE PER CENT (1%) for each month or
fraction of a month thereafter until paid, provided, however, that the
Commissioners may allow such discounts for payments prior to said first day of
October and charge and collect such penalties for failure to make payment before
said first day of October as may prior to the day of finality be fixed by ordinance
or resolution of the Commissioners, not exceeding, however, the discounts and
penalties now allowable by law or by ordinance.

Section 2. AND BE IT FURTHER RESOLVED AND ORDAINED by the
Commissioners of Delmar that this Charter Amendment shall take effect fifty (50)
days from the date of the passage thereof.

Date Introduced: March 13, 1972
Date Passed:            March 13, 1972

ATTEST:                                                         COMMISSIONERS OF DELMAR

Samuel J. Mitchell                                                                            E. Grant Perry

President

DENTON

(Caroline County)
CERTIFICATE OF EFFECT

I HEREBY CERTIFY, in accordance with the terms and conditions of
Sections 13 and 17 of Article 23A of the Annotated Code of Maryland (1957
Edition, as amended) and of Sections 3 and 4 of the aforegoing Resolution, That:

(1)   Said resolution was adopted by the Commissioners of Denton at its regular
meeting held on December 6, 1971, by a vote of 5 to 0;

(2)   Said resolution was duly and properly posted and published;

(3)   Copies thereof, together with this Certificate, were this date sent by
registered mail to both the Secretary of the State of Maryland and the Department
of Legislative Reference;

(4)  The Amendment to the Charter of the Commissioners of Denton enacted by
this Resolution became and is hereby declared to have become effective this 6th
day of December, 1971, and now constitutes Amendment No. 5 thereto.

IN WITNESS WHEREOF, I have hereunto affixed my official signature and
the Seal of the Commissioners of Denton, this 6th day of December, 1971.