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Session Laws, 1981
Volume 741, Page 2640   View pdf image
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2640

LAWS OF MARYLAND

Ch. 703

the County Council for Montgomery County and the County
Council for Prince George's County or such governing body
for each county, respectively, as may be provided by law or
instrument of Charter, if adopted, which guarantee shall be
in the form and under the provisions of Section 5 of Chapter
122, or any amendment thereof or any section enacted in lieu
thereof. The Commission may, however, at its option, waive
the guarantee of the counties prescribed in this Act.

SECTION 2. AND BE IT FURTHER ENACTED, That the
proceeds of the bonds shall be used for the purpose of
enlarging, increasing and augmenting the water supply of the
area served by the 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,
or such governing body for each county, respectively, as may
be provided by law or instrument of Charter, if adopted,
annually, so long as the bonds are outstanding and not paid,
a tax sufficient to meet the interest on the bonds, and to
pay the principal thereof as the principal and interest
mature or become due. The tax shall be determined, levied,
collected, and paid over to the Commission in the manner
provided by Section 6 of Chapter 122, or any amendment
thereof, and all of the provisions of Section 6 shall apply
to the bonds issued hereunder.

SECTION 4. AND BE IT FURTHER ENACTED, That the
Commission shall annually determine the amount necessary to
meet the principal and interest requirements of the bonds,
and shall annually fix the water service charge of the
District at such a sum as to produce, in addition to the
costs of the service, and the requirements of any other
bonds issued and outstanding, the annual requirements of
which are to be paid out of the 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, or such
governing body for each county, respectively, as may be
provided by law or instrument of Charter, if adopted.

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

 

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Session Laws, 1981
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