328 LAWS OF MARYLAND Ch. 149
FOR ANY BENEFIT ASSESSMENTS OR OTHER CHANGES, INCLUDING
ANY PENALTIES OR INTEREST THEREON, SHALL REMAIN UNPAID
FOR 60 DAYS AFTER BECOMING DUE, THEY MAY BE COLLECTED BY
AN ACTION OF ASSUMPSIT OR BY A BILL IN EQUITY TO ENFORCE
THE LIENS CREATED, AND ANY JUDGMENT OR DECREE OBTAINED,
WHERE THE DEFENDANTS HAVE BEEN SERVED BY A SUBPOENA OR IN
ANY OTHER MANNER PROVIDED BY LAW, SHALL HAVE THE FORCE
AND EFFECT OF A JUDGMENT IN PERSONAM AND THE COUNTY
COMMISSIONERS MAY SUE, OR FILE A BILL IN EQUITY TO
ENFORCE SAID LIENS AGAINST THE OWNER OF RECORD AT THE
TIME THAT SUIT IS FILED OR ANY OWNER OF RECORD BETWEEN
SAID DATES, AND PUBLICATION THEREON SHALL BE NOTICE TO
ALL PERSONS HAVING ANY INTEREST IN THE PROPERTY.
(M) AD VALOREM TAXES. THE PAYMENT OF THE
PRINCIPAL OF AND INTEREST ON ANY BONDS ISSUED PURSUANT TO
THIS SECTION SHALL BE PROVIDED OUT OF THE FUNDS RECEIVED
UNDER THE PROVISIONS OF SUBSECTIONS (I), (J) AND (K),
RESPECTIVELY, OF THIS SECTION, AND, TO THE EXTENT
NECESSARY , BY A LEVY ANNUALLY AGAINST ALL TAXABLE
PROPERTY IN THE SPECIAL TAXING DISTRICT, LESS THE BENEFIT
ASSESSMENTS, CONNECTION CHARGES AND OTHER AVAILABLE FUNDS
ON HAND OR ESTIMATED TO BE RECEIVED DURING SUCH YEAR
APPLICABLE TO THE PAYMENT OF INTEREST AND PRINCIPAL
EXPENSES FOR ALL BONDS ISSUED; PROVIDED, THAT IN THE
EVENT SUCH SUM SO LEVIED SHALL NOT PROVIDE A SUFFICIENT
FUND TO PAY THE AFORESAID INTEREST AND PRINCIPAL,
RESPECTIVELY, THEN, THE COUNTY COMMISSIONERS SHALL LEVY
ANNUALLY AN AD VALOREM TAX UPON ALL ASSESSABLE PROPERTY
WITHIN THE CORPORATE LIMITS OF THE COUNTY IN RATE AND
AMOUNT SUFFICIENT TO PROVIDE FOR SUCH PAYMENT, WHEN DUE,
TOGETHER WITH ALL ACCRUED INTEREST TO THE DATE OF
PAYMENT. IN THE EVENT THE PROCEEDS FROM SUCH AD VALOREM
TAXES SO LEVIED IN ANY FISCAL YEAR SHALL PROVE INADEQUATE
FOR THE PAYMENT OF PRINCIPAL OF AN INTEREST ON SUCH
BONDS, THE COUNTY COMMISSIONERS SHALL LEVY ADDITIONAL
TAXES IN THE SUCCEEDING FISCAL YEARS TO MAKE UP SUCH
DEFICIENCY.
SECTION 2. AND BE IT FURTHER ENACTED, That the
authority to issue bonds conferred on the County
Commissioners by this Act shall be deemed to provide an
additional and alternative authority for borrowing money
and shall be regarded as supplemental and additional to
powers conferred upon the County by other laws and shall
not be regarded as in derogation of any power now
existing; and all Acts of the General Assembly of
Maryland heretofore passed authorizing the County to
borrow money are hereby continued to the extent that the
powers contained in such Acts have not heretofore been
exercised, and nothing herein contained shall be
construed to impair, in any way whatsoever, the validity
of the bonds which may have been issued by the County
under the authority of any of said Acts, and the validity
of said bonds is hereby ratified, confirmed and approved.
This Act, being necessary for the welfare of the
inhabitants of Charles County, shall be liberally
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