HARRY HUGHES, Governor

2385

"the general credit and taxing powers of any
municipality are pledged to the payment of any
bonds issued by the municipality" is substituted
for "the general credit of the municipality shall
be deemed secondarily liable for the payment of
any bonds", for clarity.

In subsection (c) of this section, the reference
to "the provisions of this subtitle and the
authorizing resolution" is new language added for
clarity.

In subsection (c)(1) of this section, the former
parenthetical phrase "including the revenues of
the existing facilities, if any, comprising
sewerage facilities which are being improved,
bettered, or extended, and the revenues to be
derived from any improvements, betterments, and
extensions thereafter constructed or acquired" is
deleted in light of the definition of "revenue"
in § 9-801 of this subtitle.

9-811. SEWERAGE FACILITIES TO BE SELF-SUPPORTING.

(A) RATES AND CHARGES.

TO ASSURE THAT EACH SEWERAGE FACILITY ALWAYS REMAINS
SELF-SUPPORTING, THE GOVERNING BODY OF A MUNICIPALITY THAT
ISSUES BONDS UNDER THIS SUBTITLE SHALL SET, COLLECT, AND
WHENEVER NECESSARY REVISE REASONABLE RATES, FEES, BENEFIT

ASSESSMENTS, OR CHARGES FOR THE SERVICES, FACILITIES, AND

COMMODITIES OF THE SEWERAGE FACILITY.

(B) REVENUE AND RESERVES.

THE RATES, FEES, BENEFIT ASSESSMENTS OR CHARGES SHALL
BE SET SO AS TO PRODUCE REVENUE AND RESERVES THAT ARE AT
LEAST SUFFICIENT:

(1) TO PAY, WHEN DUE, ALL BONDS AND THE INTEREST
ON THE BONDS, FOR THE PAYMENT OF WHICH THE REVENUE IS
PLEDGED, CHARGED, OR OTHERWISE ENCUMBERED; AND

(2) TO PROVIDE FOR ALL EXPENSES OF OPERATION AND
MAINTENANCE OF THE SEWERAGE FACILITY.

REVISOR'S NOTE: This section is new language derived
without substantive change from former Article
43, § 436.

In subsection (b) of this section, the term
"benefit assessments" is new language added for
consistency.

9-812. DISPOSITION OF REVENUE FROM SEWERAGE FACILITIES.