784

LAWS OF MARYLAND

Ch. 255

taxation, annually a tax of not less than one cent or more than
three cents on each $100 of assessed valuation. The tax shall be
levied notwithstanding the fact that no interest may be due on
the bonds or notes and/or notwithstanding the fact that no bonds
or notes whatever have been issued under this title.

(ii) If a tax greater than one cent is levied
in any year, then thereafter the Montgomery County Council shall
continue to levy a tax sufficient to pay the interest on the
bonds as it becomes due and to pay the principal thereof as they
mature, the tax in any one year not to exceed the limit
heretofore provided. The tax need not be levied to the extent
that funds are available from the sources to make the payments in
any year and have been [supplied] APPLIED to or authorized for
payment by the Commission.

(iii) Every 60 days the tax so levied and
collected to date by the county shall be remitted to the
Commission. All proceeds from the tax not used for debt service
on the principal and interest of the bonds may be paid into the
revolving fund for the uses specified in this section, or for
payment of debt service bonds issued under this section. None of
the provisions in this article relating to unexpended balances
apply to the land acquisition revolving fund.

(2) The Prince George's County Council shall levy an
annual amount on all property assessed for the purposes of county
taxation sufficient to pay the interest on the bond as it becomes
due and to pay the principal as the bonds mature if the Prince
George's County Council has approved the issue and sale of these
bonds.

7-108.

(a) (3) The appropriate district [council] COUNCIL,
pursuant to the procedures set forth in this section, may direct
the Commission to prepare the general plan, or amendments
thereto, based on studies and the consideration of such elements,
factors, and conditions as the following:

(i) Existing and forecasted population,
including population distribution and other appropriate
characteristics;

(ii) Existing and forecasted amount, type,
intensity, general location, and characteristics of commercial,
industrial, and public sector facilities, and employment related
thereto;

(iii) Existing and forecasted type, amount,
need and location of major public services, facilities, and
utilities;

(iv) Staging or scheduling of development and
capital improvements, and the fiscal or economic impact of same;