Ch. 481

LAWS OF MARYLAND

SECTION 3. AND BE IT FURTHER ENACTED, That for the purpose
of retiring bonds authorized to be issued by this Act and payment
of the interest on the bonds, there shall be levied annually
against all of the assessable property within the Sanitary
District, by the County Council of Montgomery County and the
County Council of Prince George's County, or the governing body
for each county, respectively, as may be provided by law or
instrument of Charter, so long as the bonds are outstanding and
not paid, a tax sufficient to meet the interest on the bonds and
to pay the principal thereof as the principal and interest mature
or become due. The tax shall be determined, levied, collected,
and paid over to the Commission in the manner provided by Section
6 of Chapter 122, or any amendment thereof, and all of the
provisions of Section 6 shall apply to the bonds issued under
this Act.

SECTION 4. AND BE IT FURTHER ENACTED, That the Commission
shall determine annually the amount necessary to meet the
principal and interest requirements of the bonds, and shall fix
annually the water service charge of the Sanitary District at
such a sum as to produce, in addition to the costs of the water
service and the requirements of any other bonds issued and
outstanding, the annual requirements of which are to be paid out
of the water service charge, the amount determined as necessary
to pay the annual requirements of the bonds authorized by this
Act. The sum so collected annually from water service charges
shall be deducted from the amount that the Commission has
determined to be necessary to be raised by direct taxation upon
certification to the County Council of Montgomery County and the
County Council of Prince George's County, or the governing body
for each county, respectively, as may be provided by law or
instrument of Charter.

SECTION 5. AND BE IT FURTHER ENACTED, That any guarantee of
any water supply bonds heretofore made by the County Council of
Montgomery County and the County Council of Prince George's
County, or the governing body for each county, respectively, as
may be provided by law or instrument of Charter, be and the same
is hereby ratified and confirmed.

SECTION 6. AND BE IT FURTHER ENACTED, That if any word,
phrase, clause, sentence, or any part or parts of this Act shall
be held unconstitutional by any court of competent jurisdiction
such unconstitutionality shall not affect the validity of the
remaining parts of this Act or of any other section thereof.

SECTION 7. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1988.

Approved May 17, 1988.

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