4973
ANNE ARUNDEL COUNTY

Anne Arundel County Code (1967 Edition and Supplements),
Title 9, "Finance", Subtitle 5, "Bonds and Other
Indebtedness", be and it is hereby repealed and
re—enacted, with amendments, to read as follows:

Section 9—501.

The aggregate amount of bonds and other evidences of
indebtedness outstanding at any one time shall not exceed
[twelve] THIRTEEN per centum (13%) upon the assessable
basis of the county; provided, however, that (a) tax
anticipation notes or other evidences of indebtedness
having a maturity not in excess of twelve months, (b)
bonds or other evidences of indebtedness issued or
guaranteed by the county payable primarily or exclusively
from taxes levied in or on, or other revenues of, special
taxing areas or districts heretofore or hereafter
established by law and (c) bonds or other evidences of
indebtedness issued for self—liquidating and other
projects payable primarily or exclusively from the
proceeds of assessments or charges for special benefits
or services shall not be subject to, or be included as
bonds or evidences of indebtedness in computing or
applying the per centum limitation above provided. All
bonds or other evidences of indebtedness issued under the
authority of The Sanitary Commission Act shall be
construed as exempt, under clauses (b) and (c) above,
from the per centum limitation in this section provided,
but shall continue as heretofore to be subject to the per
centum limitation as from time to time provided in that
Act.

SECTION 2. AND BE IT FURTHER ENACTED, That this
Ordinance shall take effect forty—five (45) days from the
date it becomes law.

Approved June 21, 1974.

Bill No. 57-74

AN ORDINANCE to repeal and re-enact, with
amendments, Section 12—1337(a) of the Anne Arundel County
Code (1967 Edition and Supplements) , Title 12, "Licenses,
Permits and Franchises", Subtitle 13, "Taxicabs", to
change the permitted taxicab schedule of rates.

SECTION 1. BE IT ENACTED BY THE COUNTY COUNCIL OF
ANNE ARUNDEL County, Maryland, That Section 12-1337(a) of
the Anne Arundel County Code (1967 Edition and