MARVIN MANDEL, Governor
1175
Savage River Bridge and shall be contingent upon approval
by the Board of Public Works of the plans for design and
construction of the bridge.
SECTION 8. AND BE IT FURTHER ENACTED, That if the
project for which this appropriation is made shall not
have been contracted for within two years from the
effective date of this Act, then no funds under the
provisions of this Act shall thereafter be paid over to
or expended for the purpose of aiding in the construction
of a replacement for the Savage River Bridge near
Bloomington for Garrett County. Provided, however, that
nothing herein contained shall prevent or prohibit the
expenditure of funds for pre—contract costs in connection
with the project for which this appropriation is made.
SECTION 9. AND BE IT FURTHER ENACTED, That until
all of the interest on and principal of any bonds issued
under this Act shall have been paid in full, there is
hereby levied and imposed an annual State tax on each
$100 of assessable property at the rate to be determined
in the following manner: On or before May 1, 1976, and on
or before May 1 in each taxable year thereafter, the
Board of Public Works shall certify to the governing
bodies of each of the counties and Baltimore City the
rate of State tax on each $100 of assessable property
necessary to produce revenue to meet interest and
principal which will be payable to the close of the next
ensuing taxable year on all bonds theretofore issued or
authorized by resolution of the Board of Public Works to
be issued, and the governing bodies of each of the
counties and of Baltimore City shall forthwith levy and
collect such tax at such rate.
Provided, however, that the levy or levies required
by this section shall not be made and the tax or taxes
shall not be collected in any year to the extent that, on
or before May 1, 1976, and on or before May 1 in each
taxable year thereafter the Board of Public Works
determines upon a certified statement rendered to the
Board by the State Comptroller that payment of principal
and interest on the bonds issued pursuant to this Act
will be met during the ensuing taxable year from funds
appropriated by the General Assembly, as provided in
Section 6 of this Act. Upon, and to the extent of, such
determination by the Board of Public Works, the Governor
shall, by proclamation issued pursuant to a resolution of
the Board of Public Works, declare that the taxes
required by this section shall not be collected or levied
in any such ensuing taxable year.
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