4144

LAWS OF MARYLAND

Ch. 767

[(67, § 13-5. Taxes to service bonds.

If in any year, or at any time, the revenues from rates
or charges hereinabove provided for, are not sufficient to
pay the bonds and interest thereon as the same shall become
due, then for the purpose of retiring bonds authorized to be
issued by this subtitle, and payment of the interest
thereon, there shall be levied against all of the assessable
property within that portion of the sanitary district lying
within Prince George's County, Maryland, 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 the commission in the manner provided by section 4-5
of this article and all of the provisions of that section
shall apply to the bonds issued hereunder.]

COMMITTEE NOTE: Former Article 67, § 13-5 is proposed
for repeal as obsolete.

[(67, § 13-6. Establishment declared public purpose;
tax exemption.

It is hereby found, determined and declared that the
establishment of the boat basin and marina under the
provisions of this subtitle is in all respects for the
benefit of the inhabitants of the State of Maryland or its
political subdivisions and is a public purpose, and that the
State of Maryland or its political subdivisions and the
commission will be performing an essential governmental
function in the exercise of the powers conferred by this
subtitle, and the commission shall not be required to pay
any taxes or assessments upon the boat basin or marina or
any part thereof or upon its activities in the operation and
maintenance of the boat basin or marina or upon any revenues
therefrom, and the boat basin and marina and the bonds of
the commission and the interest thereon shall be and remain
forever exempt from all state, municipal and local taxation.
The exemption from taxation herein provided for shall not,
however, extend to, include or apply to any property, real,
mixed, personal, tangible or intangible, or to any
franchise, lease, or right to do business, held, owned or
used by any private person, firm or corporation in operating
any commercial activity or supplying any goods, wares,
merchandise or service to the public from or at the marina
or boat basin and in or on the buildings, piers, and
structures constructed by the commission.]

COMMITTEE NOTE: Former Article 67, § 13-6 is proposed
for repeal as obsolete. In addition, the
M-NCPPC, which currently operates the boat basin
and marina, has a similar tax exemption under
Article 66D, § 5-109 of the Code.

[(67, § 13-6.1. Authority, terms, conditions, etc.,
for transfer of operation and facilities.