4150

LAWS OF MARYLAND

Ch. 767

Commission and guaranteed as to both principal and interest
by the county commissioners of Prince George's County only;
the county commissioners of Prince George's County are
hereby directed to guarantee the bonds in substantially the
manner and form of the guarantee of the construction bonds
of the Washington Suburban Sanitary Commission. Such
guarantee shall operate as a pledge of the full faith and
credit of the county commissioners of Prince George's County
to the payment of the maturing principal and interest of the
bonds and, to the extent that the taxes hereinafter in this
subsection provided for are inadequate to provide the funds
necessary to pay such principal and interest in any year,
the county council shall levy upon all property subject to
taxation within its corporate limits ad valorem taxes in
rate and amount sufficient to make up any such deficiency.
For the purpose of paying the principal of the bonds as they
mature and the interest thereon the Prince George's County
Council shall levy annually upon all of the property
assessed for county tax purposes within the portion of the
Maryland-Washington Metropolitan District in Prince George's
County, upon the certification of the Maryland-National
Capital Park and Planning Commission, an ad valorem tax at a
rate necessary to produce annually the sum required to pay
the principal and interest for the current year on the bonds
or any part thereof outstanding, which tax shall be levied
and collected as other commission ad valorem taxes are
levied and collected and paid to the commission.]

COMMITTEE NOTE: The M-NCPPC has not issued these bonds,
and apparently has no intention of doing this.
Officials requested that the paragraph be
repealed.

[(c)] (D) (1) [Whenever] IF an appropriation [shall
have been] IS made by the United States [of America] for the
construction in whole or in part of any project for flood
control in the valley of the Anacostia River in the vicinity
of Bladensburg and adjacent communities in Prince George's
County[, Maryland, thereupon the state roads commission is
authorized and directed to] THE STATE HIGHWAY ADMINISTRATION
SHALL pay out of its general funds [such sums as are
required to pay for] the cost of building and relocating
[complete] all state highways and bridges within the limits
of [such] THE flood control and navigation projects [in the
Anacostia River basin in Maryland as may be approved by the
federal government,].

(2) [provided, however, that the] THE total
amount [shall] MAY not be [in excess of] GREATER THAN
$1,500,000.

[(d)] (E) (1) [The proceeds from all bond issues
hereinbefore authorized to be issued under this section
shall be turned over to the Washington Suburban Sanitary
Commission, with which proceeds it] THERE IS A WSSC FLOOD