HARRY HUGHES, Governor

783

or partition of exclusively agricultural land not for development
purposes.

7-103.

(a) The entire area of Montgomery County is within the
regional district, subject to the provisions of § 7-105 OF THIS
TITLE.

7-105.

(c) The administrative tax provided for in [§ 8-115] §
6-107 of this article may not be levied or collected in the
municipal corporation, except as hereinafter provided.

(e) Sections 7-115, 7-118, 7-119, 7-113, [8-119] 8-118,
8-101, 8-107, [8-120] 8-119, 8-112, 8-109 of this article do not
apply to the area of any such municipal corporation, except as
hereinafter provided.

(g) Upon the execution of the agreement all the ordinances
and regulations of the Commission or the Montgomery County
planning board and the district council, in effect in the
remainder of the regional district within Montgomery County, and
all provisions of this title apply to the area included in the
municipal corporation. The administrative tax provided for in [§
8-115] § 6-107 OF THIS ARTICLE shall thenceforth be levied and
collected within the area of the municipal corporation as the tax
is levied and collected throughout the remainder of the regional
district in Montgomery County.

7-106.

(e) For the purposes of this section, in Prince George's
County and Montgomery County, the Commission may establish in its
annual budget a continuing land acquisition revolving fund from
which disbursements for the purposes of this section shall be
made, and the Commission may issue and sell serial bonds from
time to time in amounts it deems necessary for this purpose.
However, in Prince George's County the County Council shall
approve the Commission's issue and sale of bonds concerning that
county. The total amount of the bonds outstanding at any time
may not exceed an amount which can be redeemed within 30 years
from the date of issue by means of a tax of three cents on each
$100 assessed valuation in Prince George's County and Montgomery
County; in making such calculation, assumptions may be made as
set forth in [§ 6-102(b)] § 6-101(B) of this article. The
provisions relating to form, interest rate, sale, redemption,
guarantee, and liability contained in [§ 6-102 (serial bonds
generally)] § 6-101 (SERIAL BONDS, NOTES, AND OTHER OBLIGATIONS)
shall be equally applicable to bonds issued pursuant to the
provisions of this section.

(1) (i) The Montgomery County Council may levy
against all of the property assessed for the purposes of county