|
HARRY HUGHES, Governor
1771
(B) All receipts from assessments in aid of construction
shall be credited by the Commission to a special construction
account established on its books for the sewerage system with
respect to which [said] THE assessments are imposed[, and said].
THE receipts shall be used only for payments on account of the
cost of the facilities [above described] or to liquidate bonds or
notes issued by the District for [such] THAT purpose[, as
hereinafter authorized].
(C) The District [is hereby authorized and empowered to]
MAY borrow money by private negotiation[, if necessary,] to pay
the portion of the cost of the [above described] facilities
chargeable to [such] THE assessments in aid of construction, and
to evidence [such] THE borrowing by the issuance of its
promissory notes, repayable, both principal and interest, [upon]
ON the SPECIFIED date or dates [specified therein], from the
proceeds or receipts of such assessments in aid of construction.
[All sums so borrowed by the] THE Commission shall [likewise be
credited] CREDIT [by the Commission to said] ALL SUMS SO BORROWED
TO THE construction account [and the moneys]. MONEY in [said]
THE account may be used by the Commission to retire [said] THE
notes[, as aforesaid]. Whenever the total cost of [any such] THE
facilities [shall have] HAS been fully paid from the combined
proceeds of bonds issued by the District and of [said] THE
assessments in aid of construction, [as herein authorized,] the
District shall apply all further proceeds received from [said]
THE assessments in aid of construction to the payment or prior
redemption of any bonds of the District issued to pay the cost of
any part of [said] THE sewerage system[, to the end]. THE
PURPOSE OF THE PAYMENT OR REDEMPTION IS that the special benefit
assessments and ad valorem taxes imposed and levied therefor
pursuant to Sections 28-12 and 28-13 [of this subtitle] may be
correspondingly reduced[, provided, however, that the]. THE
imposition of any such assessments in aid of construction may be
terminated by the Commission whenever[, in its judgment,] it
[shall determine] DECIDES that the burden of paying a portion of
the cost of the facilities [above described] has been equitably
distributed among the properties in the sub-district connected
with [such] THE sewerage system. (1957 Code, sec. 543. 1957, ch.
694, sec. 889; 1961, ch. 743. sec. 543.)
28-17. Water service charges.
(a) Authority. The District [is hereby authorized and
empowered to] MAY fix and REVISE [collect, and from time to time
revise, alter or amend,] schedules of rates or charges AND
COLLECT FUNDS for water consumed in any sub-district by the
owners or occupants of all properties [therein] connected to a
water system owned or operated by the District and supplied water
by or through [such] THE system. [Such] THE schedule shall be
applicable to all water [so] consumed even though the District
may delegate the collection of [such] THE charges [in accordance
with such] MADE PURSUANT TO THE schedule to the owner or operator
of a connected water system pursuant to Section 28-5 [of this
subtitle].
|
 |