1504 LAWS OF MARYLAND Ch. 386
herein prescribed.
SECTION 2. AND BE IT FURTHER ENACTED, That the
proceeds of said bonds shall be used for the purpose of
enlarging, increasing and augmenting the water supply of the
area served by said Commission, including the construction
or enlargement of any impounding reservoir, filter plant,
filtered water storage structure, or pumping station, and
all the necessary pipe lines and accessories appurtenant
thereto, and the construction of major supply lines and
reinforcing mains.
SECTION 3. AND BE IT FURTHER ENACTED, That for the
purpose of retiring bonds authorized to be issued by this
Act, and payment of the interest thereon, there shall be
levied against all of the assessable property within the
Sanitary District, by the County Council of Montgomery
County and by the County Council of Prince George's County,
annually, so long as said bonds are outstanding and not
paid, a tax sufficient to meet the interest on said bonds,
and to pay the principal thereof as the said principal and
interest mature or become due; said tax shall be determined,
levied, collected and paid over to said Commission in the
manner provided by Section 6 of said Chapter 122, or any
amendment thereof, and all of the provisions of said Section
6 shall apply to the bonds issued hereunder.
SECTION 4. AND BE IT FURTHER ENACTED, That said
Commission shall annually determine the amount necessary to
meet the principal and interest requirements of said bonds,
and shall annually fix the water service charge of said
District at such a sum as to produce, in addition to the
costs of said service, and the requirements of any other
bonds issued and outstanding, the annual requirements of
which are to be paid out of said water service, the amount
determined as necessary to pay the annual requirements of
the bonds hereby authorized. The sum so collected annually
from water service charges shall be deducted from the amount
which the Commission has determined to be necessary to be
raised by direct taxation upon certification to the County
Councils of Montgomery and Prince George's Counties.
SECTION 5. AND BE IT FURTHER ENACTED, That any
guarantee of any water supply bonds heretofore made by the
County Council of Montgomery County and the County Council
of Prince George's County be and the same is hereby ratified
and confirmed.
SECTION 6. AND BE IT FURTHER ENACTED, That if any
word, phrase, clause, sentence or any part or parts of this
Act shall be held unconstitutional by any court of competent
jurisdiction such unconstitutionality shall not affect the
validity of the remaining parts of this Act or of any other
section thereof,
SECTION 7. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1978.
|
|