|
1762
LAWS OF MARYLAND
Ch. 289
sub-class by dividing the total amount of the estimated benefits
for each [such] class or sub-class by the number of years during
which [said] THE bonds will mature [and by further dividing the].
THE RESULTING quotient so obtained SHALL BE DIVIDED by the number
of assessable front feet in each such THE class or sub-class.
With the figures thus obtained, the Commission shall determine
the annual assessment payable by each property benefitted by
multiplying the number of assessable front feet of [each such]
THE property in [each such] THE classification or
sub-classification by the amount of the annual assessment per
front foot applicable [thereto] TO IT.
(d) Classes of property. (1) For the purpose of equitably
distributing the burden of [said] THE special benefit assessment,
the Commission shall divide all IMPROVED OR UNIMPROVED
properties[, improved or unimproved, binding upon] THAT BIND ON
a street, road, lane, alley, or right-of-way in which a water
pipe or sanitary sewer has been or is to be laid, into at least
[seven] 7 classes[, namely];
(2) THE CLASSES ARE:
(I) [agricultural,] AGRICULTURAL;
(II) [small] SMALL acreage residential[,];
(III) [industrial,] INDUSTRIAL;
(IV) [commercial,] COMMERCIAL;
(V) [institutional,] INSTITUTIONAL;
(VI) [apartment] APARTMENT residential; and
(VII) [subdivision] SUBDIVISION residential[,
and the].
(3) THE Commission may fix the maximum number of
front feet for any property to be assessed in each such class.
(4) The Commission may further EQUITABLY subdivide
each of [said] THE classes into sub-classes [in an equitable
manner] and may include in any such sub-class the number of front
feet of any property in excess of the [above mentioned] maximum.
(5) The Commission may change the classification or
sub-classification of any property from time to time in the event
of a change in the use to which [such] THE property is put.
(e) Notice to owners. As soon as the calculations
SPECIFIED [above described] IN THIS SECTION are completed, the
Commission shall [notify in writing] GIVE WRITTEN NOTIFICATION TO
all owners of properties to be assessed into which class or
sub-class their respective properties have been placed and the
annual assessment per front foot [so] calculated for each [such]
|