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Session Laws, 1994
Volume 773, Page 2040   View pdf image
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Ch. 404                                    1994 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 of 1918, 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
June 1, 1994.

Approved May 2, 1994.

CHAPTER 404
(House Bill 1089)

AN ACT concerning

Prince George's County - Alcoholic Beverages
(Class B Racetrack License Fee)

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Session Laws, 1994
Volume 773, Page 2040   View pdf image
 Jump to  
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