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Session Laws, 1994
Volume 773, Page 1174   View pdf image
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Ch. 92                                          1994 LAWS OF MARYLAND

(3) AS EACH PROJECT IS COMPLETED, THE SPECIAL ASSESSMENTS OR
OTHER CHARGES IMPOSED OR MADE BY THE COMMISSION SHALL BE CALCULATED TO
PROVIDE A PROPORTION OF THE ANNUAL DEBT SERVICE ON THE ISSUE OF NOTES OR
BONDS EQUAL TO THE PROPORTION OF THE PROCEEDS EXPENDED ON THE PROJECT.

6-404.

(A) BEFORE THE PREPARATION OF THE DEFINITIVE BONDS AUTHORIZED TO BE
ISSUED BY THIS SUBTITLE, THE DISTRICT, UNDER SIMILAR RESTRICTIONS, MAY ISSUE
INTERIM RECEIPTS OR TEMPORARY BONDS, WITH OR WITHOUT COUPONS. THAT MAY BE
EXCHANGED FOR DEFINITIVE BONDS, WHEN THE DEFINITIVE BONDS HAVE BEEN
EXECUTED AND ARE AVAILABLE FOR DELIVERY. IN ANTICIPATION OF THE ISSUANCE OF
ANY SUCH BONDS, THE DISTRICT MAY ISSUE BOND ANTICIPATION NOTES UNDER
ARTICLE 31, § 12 OF THE ANNOTATED CODE OF MARYLAND. WITH RESPECT TO BONDS,
COUPONS, TEMPORARY BONDS, RECEIPTS, OR BOND ANTICIPATION NOTES WHICH HAVE
MATURED, BEEN EXCHANGED, OR REDEEMED, THE COMMISSION SHALL MAKE
ARRANGEMENTS FOR THEIR MUTILATION AND CREMATION AFTER AN APPROPRIATE
ACCOUNTING. ANY MUTILATED, DESTROYED, OR LOST INSTRUMENTS MAYBE REPLACED
UPON RECEIPT OF SUCH INDEMNIFICATION AND PAYMENT OF REPLACEMENT EXPENSES
AS THE COMMISSION CONSIDERS PROPER AND REQUISITE.                       

(B) BONDS MAY BE ISSUED UNDER THE PROVISIONS OF THIS SUBTITLE WITHOUT
OBTAINING THE APPROVAL OR CONSENT OF ANY DIVISION, COMMISSION,. BOARD,
BUREAU, OR AGENCY OF THE STATE OF MARYLAND AND, WITHOUT ANY OTHER
PROCEEDING OR THE HAPPENING OF ANY OTHER CONDITION OR THING THAN THOSE
PROCEEDINGS, CONDITIONS, OR THINGS WHICH ARE SPECIFICALLY REQUIRED BY THIS
SUBTITLE.

SECTION 2. AND BE IT FURTHER ENACTED, That notwithstanding §
6-202(a) of the Public Local Laws of Washington County, as amended by Section 1 of this
Act, the Board of County Commissioners of Washington County may establish the length
of the terms of the initial appointment of the two additional members of the Washington
County Sanitary Commission in accordance with this Act to effectively stagger the terms
of the membership of the Sanitary Commission in a manner that the Board of County
Commissioners considers proper.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1994
is an emergency measure, is necessary for the immediate preservation of the
public health and safety, has been passed by a yea and nay vote supported by three-fifths of all
the members elected to each of the two Houses of the General Assembly, and shall take effect
from the date it is enacted.

- 1174 -

 

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Session Laws, 1994
Volume 773, Page 1174   View pdf image
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