HARRY HUGHES, Governor

2041

ON AND AFTER FEBRUARY 14, 1978, THE COUNTY SHALL SUCCEED TO
AND EXERCISE ALL THE POWERS PREVIOUSLY EXERCISED BY THE
COMMISSION, AND THE COUNTY SHALL UNDERTAKE AND THEREAFTER
PERFORM ANY AND ALL OBLIGATIONS OF THE COMMISSION, EITHER AS
SUCCESSOR TO ANY DISTRICT OR INCURRED ON ITS OWN BEHALF.
ALL PROPERTY, REAL, PERSONAL, AND MIXED OWNED BY THE
METROPOLITAN COMMISSION OR ANY PREDECESSOR IS HEREBY
CONVEYED AND TRANSFERRED TO THE BOARD WITHOUT THE NECESSITY
OF ANY DEEDS OR OTHER WRITINGS.

10A-4.

(A)    THIS CHAPTER DOES NOT IMPAIR OR AFFECT IN ANY WAY
THE VALIDITY OR ENFORCEABILITY OF ANY PROCEEDING OR ACTION
TAKEN, OR ANY OBLIGATIONS OR INDEBTEDNESS INCURRED:

(1)   BY SUCH DISTRICT, BY ITS GOVERNING BODY, BY
THE COUNTY, OR BY THE BOARD ON BEHALF OF THE COUNTY PURSUANT
TO ARTICLE 43 OF THE ANNOTATED CODE OF MARYLAND PRIOR TO
JUNE 1, 1968; OR

(2)   BY THE COMMISSION, BY THE COUNTY, OR BY THE
BOARD ON BEHALF OF THE COUNTY PURSUANT TO ARTICLE 11 OF THE
PUBLIC LOCAL LAWS OF MARYLAND, CHAPTER 10A, PRIOR TO THE
EFFECTIVE DATE OF THIS ACT.

(B)     ALL PROCEEDINGS AND ACTIONS TAKEN BY THE
DISTRICT, BY ITS GOVERNING BODY, BY THE COUNTY, OR BY THE
BOARD ON BEHALF OF THE COUNTY PURSUANT TO ARTICLE 43 PRIOR
TO JULY 1, 1968, AND ALL PROCEEDINGS AND ACTIONS TAKEN BY
THE COMMISSION, BY THE COUNTY, OR BY THE BOARD ON BEHALF OF
THE COUNTY PURSUANT TO CHAPTER 609 OF THE ACTS OF 1968, AS
AMENDED AND SUPPLEMENTED, AND PURSUANT TO CHAPTER 629 OF THE
ACTS OF 1974, PRIOR TO JULY 1, 1979, ARE HEREBY RATIFIED,
VALIDATED, AND CONFIRMED; THE AUTHORIZATION, SALE, AND
ISSUANCE OF ALL BONDS AND OTHER OBLIGATIONS ISSUED PURSUANT
TO SAID ARTICLE 43 AND PURSUANT TO CHAPTER 609 OF THE ACTS
OF 1968, AS AMENDED AND SUPPLEMENTED, PRIOR TO THE EFFECTIVE
DATE OF THIS CHAPTER, ARE RATIFIED AND CONFIRMED, AND ALL OF
THESE BONDS AND OTHER OBLIGATIONS ARE VALIDATED AS BEING
VALIDLY AUTHORIZED, SOLD, AND ISSUED. IT IS THE INTENT AND
PURPOSE THAT THE COUNTY, ON AND AFTER FEBRUARY 14, 1978,
SHALL UNDERTAKE AND SATISFY IN ALL RESPECTS ANY AND ALL
OBLIGATIONS EVIDENCED BY SUCH BONDS AND OTHER OBLIGATIONS IN
ACCORDANCE WITH THEIR TERMS.

(C)    IN THE EVENT THAT THE BOARD DECIDES THAT ANY
MODIFICATION OF AN EXISTING RATE, CHARGE, OR ASSESSMENT
PREVIOUSLY ESTABLISHED (1) BY THE DISTRICT, BY ITS GOVERNING
BODY, BY THE COUNTY, OR BY THE BOARD ON BEHALF OF THE COUNTY
PURSUANT TO ARTICLE 43 PRIOR TO JULY 1, 1968, OR (2) BY THE
COMMISSION, BY THE COUNTY, OR BY THE BOARD ON BEHALF OF THE
COUNTY PURSUANT TO CHAPTER 609 OF THE ACTS OF 1968, AS
AMENDED AND SUPPLEMENTED, PRIOR TO JULY 1, 1979, IS
NECESSARY OR DESIRABLE, THE BOARD PROMPTLY SHALL GIVE NOTICE
OF THE PROPOSED RATES, CHARGES, AND ASSESSMENTS IN AT LEAST
ONE NEWSPAPER OF GENERAL CIRCULATION IN FREDERICK COUNTY.