Ch. 452

LAWS OF MARYLAND

SO COLLECTED, INCLUDING THE ESTABLISHMENT, DEPOSIT AND SECURING
FROM ANY SUCH REVENUES FOR DEBT SERVICE ON, OR PRIOR REDEMPTION
OF, ANY SUCH BONDS, OR FOR THE MAINTENANCE, OPERATION AND
IMPROVEMENT OF ANY SUCH PROJECT OR PROJECTS;

(IV)  THE INSURANCE ON ANY SUCH PROJECT OR
PROJECTS;

(V)  THE ISSUANCE OF ADDITIONAL BONDS FOR ANY
SUCH PROJECT OR PROJECTS AND THE LIMITATIONS THEREON;

(VI)  THE POWERS, DUTIES AND INDEMNIFICATION OF
ANY TRUSTEE, OR ITS SUCCESSOR, PARTY TO ANY SUCH TRUST INDENTURE;

(VII)  THE RIGHTS AND REMEDIES OF THE TRUSTEE
AND OF BONDHOLDERS IN THE EVENT OF ANY DEFAULT BY THE COUNTY
UNDER ANY SUCH TRUST INDENTURE, WHICH RIGHTS AND REMEDIES MAY
INCLUDE THE TAKING OVER OF ANY OPERATION BY THE TRUSTEE OR BY A
RECEIVER APPOINTED BY A COURT OF COMPETENT JURISDICTION OF THE
PROJECT OR PROJECTS FINANCED WITH THE PROCEEDS OF ANY SUCH ISSUE
OF BONDS SECURED BY SUCH TRUST INDENTURE, AND THE MARSHALLING OF
THE REVENUES FROM ANY SUCH PROJECT OR PROJECTS FOR THE USE AND
BENEFIT OF BONDHOLDERS.

(2) IN ADDITION TO THE COVENANTS ENUMERATED ABOVE BUT
SUBJECT TO THE LIMITATIONS HEREIN CONTAINED, THE COUNTY IS HEREBY
AUTHORIZED TO MAKE SUCH FURTHER ADDITIONAL COVENANTS IN ANY SUCH
TRUST INDENTURE, OF LIKE OR DIFFERENT CHARACTER AS, IN ITS
JUDGMENT, MAY BE NECESSARY, CONVENIENT OR DESIRABLE FOR THE
BETTER SECURITY OF ANY ISSUE OF ITS BONDS SECURED BY ANY SUCH
TRUST INDENTURE OR AS WILL, IN ITS JUDGMENT, TEND TO MAKE ANY
SUCH BONDS MORE MARKETABLE.

15A-8.

FOR THE PURPOSES OF CARRYING OUT THE PROVISIONS OF THIS
SUBTITLE, THE COUNTY, BY RESOLUTION, MAY IMPOSE REASONABLE RATES
AND CHARGES FOR SOLID WASTE COLLECTION OR DISPOSAL. THE FUNDS
DERIVED FROM SUCH RATES AND CHARGES SHALL BE USED TO PAY THE
COSTS OF THE COUNTY'S SOLID WASTE PROJECTS, INCLUDING (WITHOUT
LIMITATION) THE PRINCIPAL OF AND INTEREST ON BONDS ISSUED UNDER
THIS SUBTITLE. THE RESOLUTION MAY ESTABLISH A REASONABLE BASIS
FOR SETTING THE RATES AND CHARGES, PRESCRIBE A SCHEDULE OF RATES
AND CHARGES, AND DESIGNATE SOLID WASTE COLLECTION OR DISPOSAL
SERVICE AREAS WITHIN THE COUNTY. THE RESOLUTION MAY PROVIDE THAT
THE RATES AND CHARGES ARE CHARGEABLE AGAINST ALL OR PART OF THE
OCCUPIED LOTS OR PARCELS OF LAND IN THE COUNTY OR IN SERVICE
AREAS ESTABLISHED BY THE COUNTY AND CONSTITUTE A FIRST LIEN ON
SUCH PROPERTY AND MAY ESTABLISH REASONABLE TIMES AND METHODS FOR
COLLECTION OF THE RATES OR CHARGES, WHICH MAY BE LEVIED AND
COLLECTED AND HAVE THE SAME PRIORITY AND RIGHTS AND BEAR THE SAME
INTEREST AND PENALTIES AND IN EVERY RESPECT BE TREATED THE SAME
AS TAXES OF THE COUNTY. THE COUNTY MAY MODIFY THE AMOUNT OF THE

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