MARVIN MANDEL, Governor

2519

PROVISIONS WHICH ESTABLISHED THE EXEMPTION OR SUSPENSION,
ANY LAND OR PROPERTY EXEMPTED FROM OR WITH RESPECT TO
WHICH THERE IS A SUSPENSION OF BENEFIT CHARGES SHALL BE
CLASSIFIED FOR BENEFIT CHARGE ASSESSMENT PURPOSES IN ITS
THEN CURRENT CLASS AND BECOME LIABLE TO A BENEFIT
ASSESSMENT CHARGE AT A RATE AND FOR A PERIOD OF TIME THE
SAME AS PROPERTIES FIRST CLASSIFIED OR ASSESSED IN THAT
YEAR, BUT NOT LESS THAN THE RATE AND NUMBER OF YEARS
WHICH WOULD HAVE APPLIED AT THE TIME OF EXEMPTION OR
SUSPENSION. THE RECEIPTS FROM BENEFIT CHARGE ASSESSMENTS
FOR PROPERTIES WITH RESPECT TO WHICH THE BENEFIT CHARGE
WAS EXEMPTED OR SUSPENDED FOR A PERIOD OF YEARS SHALL BE
USED BY THE COMMISSION TO AMORTIZE ANY BONDS ISSUED FOR
THE PURPOSE OF CONSTRUCTING OR ACQUIRING THE WATER AND
SEWER LINES FOR WHICH BENEFIT CHARGES ARE LEVIED UNDER
THE PROVISIONS OF THIS SUBTITLE OR FOR CONSTRUCTING OR
ACQUIRING OTHER WATER AND SANITARY SEWER LINES FOR WHICH
BENEFIT CHARGES ARE LEVIED.

(F)    CHARGES TO BE UNIFORM. FUTURE BENEFIT CHARGES
FOR WATER SUPPLY AND SEWER CONSTRUCTION AND ACQUISITION
SHALL BE UNIFORM FOR EACH CLASS OF PROPERTY THROUGHOUT
THE SANITARY DISTRICT FOR ANY ONE YEAR, UNLESS OTHERWISE
PROVIDED BY LAW. WHENEVER THE COMMISSION ACQUIRES AN
EXISTING SYSTEM, OTHER THAN A MUNICIPAL SYSTEM, THE
CONSTRUCTION COST OF WHICH HAS BEEN ADDED IN WHOLE OR IN
PART TO THE PURCHASE OF LAND OR LOTS ABUTTING UPON THE
SYSTEM AND WHICH CONTRIBUTION THE COMMISSION HAS
DETERMINED TO BE A FACTOR IN THE COST TO THE COMMISSION
OF THE SYSTEM, THE COMMISSION, IN ITS DISCRETION, MAY
LEVY AN ASSESSMENT LESS THAN THE UNIFORM ASSESSMENT
LEVIED IN THE REMAINDER OF THE SANITARY DISTRICT. THE
AMOUNT OF THE CHARGE PER FRONT FOOT OR PER NUMBER OF
UNITS, AS THE CASE MAY BE, FOR EACH CLASS OF PROPERTY FOR
BOTH WATER MAIN AND SEWER SHALL BE DETERMINED FROM TIME
TO TIME BY THE COMMISSION AS COSTS AND CONDITIONS
REQUIRE, BUT A BENEFIT CHARGE FOR ANY CLASS FOR ANY GIVEN
YEAR ONCE LEVIED BY THE COMMISSION MAY NOT BE INCREASED.

(G)    PAYMENT GENERALLY; EXTINGUISHMENT OR
REDEMPTION. THE BENEFIT CHARGE SHALL BE PAID ANNUALLY OR
IN MORE FREQUENT INSTALLMENTS AT TIMES PRESCRIBED BY THE
COMMISSION, BEGINNING FROM THE TIME OF THE LEVY, BY ALL
PROPERTIES LOCATED AS SPECIFIED ABOVE, FOR A PERIOD OF
YEARS CO-EXTENSIVE WITH THE PERIOD OF MATURITY OF THE
BONDS OUT OF THE PROCEEDS OF WHICH THE CONSTRUCTION OR
ACQUISITION WAS ACCOMPLISHED. SUBJECT TO THE PROVISIONS
OF THIS SUBSECTION AND THE APPROVAL OF THE COMMISSION,
THE BENEFIT CHARGE MAY BE EXTINGUISHED OR REDEEMED, AT
ANY TIME, UPON THE PAYMENT TO THE COMMISSION OF A SUM
EQUAL TO THE AMOUNT OF THE ANNUAL BENEFIT CHARGE,
CALCULATED FOR THIS PURPOSE AT THE BASE RATE APPLICABLE
TO THE CLASS IN WHICH THE PROPERTY MAY THEN BE BY REASON
OF ITS USE AND DISREGARDING ANY ALLOWANCE FOR EXCESS, BUT
IN NO EVENT LESS THAN THE BASE RATE APPLICABLE TO
SUBDIVISION RESIDENTIAL PROPERTY, MULTIPLIED BY THE
NUMBER OF YEARS THAT IT HAS YET TO RUN, LESS THE
INTEREST, AT THE RATE OF INTEREST OF THE BONDS CUT OF THE