2056                                       LAWS OF MARYLAND                                    Ch. 723

OF EACH SUCH PROJECT SHALL BE PAID. AS SOON AS EACH SUCH
PROJECT IS COMPLETED, THE SPECIAL ASSESSMENTS OR OTHER
CHARGES IMPOSED OR MADE BY THE BOARD WITH RESPECT THERETO
SHALL BE CALCULATED IN SUCH MANNER AS TO PROVIDE A
PROPORTION OF THE ANNUAL DEBT SERVICE ON SAID ISSUE OF BONDS
EQUAL TO THE PROPORTION OF THE PROCEEDS OF SAID ISSUE
EXPENDED ON SUCH PROJECT.

[(c)] (F) THE COUNTY'S FULL FAITH AND CREDIT AND
UNLIMITED TAXING POWER SHALL BE UNCONDITIONALLY PLEDGED TO
THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON ANY BONDS
ISSUED PURSUANT TO THIS SECTION. In the event that the
funds available to the [Frederick County Metropolitan
Commission] COUNTY from all sources are insufficient to pay
any bonds issued hereunder, together with the interest due
thereon, the [county commissioners of Frederick County]
BOARD ON BEHALF OF THE county, in each and every fiscal year
in which bonds are outstanding shall levy and collect ad
valorem taxes upon all the LEGALLY assessable property
within the corporate limits of Frederick County in rate and
amount sufficient to provide for such payments when due,
together with accrued interest to the date of payment. In
the event the proceeds from the taxes so levied in any
fiscal year are inadequate for the above purposes, the
[county commissioners of Frederick County] BOARD ON BEHALF
OF THE COUNTY, shall levy additional taxes in the succeeding
fiscal year to make up any deficiency.

[10A-17.] 10A-21.

(A) For the purpose of providing funds for the
design, construction, establishment, purchase, or
condemnation of water [supply], sewerage and drainage
systems in Frederick County pursuant to this chapter, the
[commission] COUNTY is hereby authorized and empowered, in
addition to the authority and power conferred by section
[10A-16] 10A-20 of this chapter, [after the approval of the
board of county commissioners of Frederick County,] to
borrow money in such amounts as may be needed for said
purpose and to evidence such borrowing by the issuance and
sale of its [negotiable] revenue bonds, payable as to
principal and interest solely from the proceeds of special
benefit assessments and other charges imposed and made by
the [commission] COUNTY on the project or projects so
financed with the proceeds of [said] THE bonds, which
revenues the [commission] COUNTY is hereby authorized to
pledge to such payment. The [commission] BOARD is hereby
authorized and empowered to fix and determine the form and
tenor of said revenue bonds, the denominations thereof, the
rate or rates of interest payable thereon, THE MATURITY DATE
OR DATES THEREOF, the place or places of payment thereof,
[and] the method AND MANNER of sale thereof[.] AND ALL OTHER
MATTERS RELATED TO THE FORM, TERMS, CONDITIONS, ISSUANCE,
SALE, AND DELIVERY OF THE REVENUE BONDS, ALL AS PROVIDED IN
SECTION 10A-20 OF THIS CHAPTER. The amount of such revenue
bonds which may be issued by the [commission] COUNTY shall
be limited only by the cost of the project or projects to be